Solar Panel Cost Guide in Linton Hall, VA (Mar 2023)
- Linton Hall Solar Installation Cost: $15,361
- 25-Year Savings: $20,885
- Payback Period: 10.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Linton Hall
Let's take a look at the average cost of solar in Linton Hall.
The average cost of a solar system in Linton Hall is 2.75 per watt. To account for the typical energy needs of the average home in Linton Hall, most homeowners require a 8.0-kilowatt system. Using the figure above, a solar installation costs around $15,361, or $21,966 before the federal solar tax credit of 30% is applied.
How much you pay can be higher or lower than the average in Linton Hall depending on a few factors, such as the model of solar panels you choose and the solar installer you hire. For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in Linton Hall see about $17,000 in savings on energy bills over 20 years.
Click the button below to get connected to a top solar panel company in Linton Hall for a custom estimate.
Solar savings over time in Linton Hall
| Year | Return on Investment |
|---|---|
| 1 years | $-13,912 |
| 3 years | $-11,012 |
| 5 years | $-8,112 |
| 7 years | $-5,213 |
| 9 years | $-2,313 |
| 11 years | $587 |
| 13 years | $3,487 |
| 15 years | $6,386 |
| 17 years | $9,286 |
| 19 years | $12,186 |
| 21 years | $15,085 |
| 23 years | $17,985 |
| 25 years | $20,885 |
Top Solar Installers in Linton Hall
Many homeowners decide to hire a solar panel installer since installing solar panels by yourself can be hard. Plus, if you aren't sure what kind of solar panels and equipment you want, a solar installer can help you figure that out after a site survey and consultation.
If you'd like to make the switch to solar but still aren't sure which solar system installer to go with, here are our recommendations for providers in Linton Hall:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Linton Hall
Factors that Affect Solar Panel Costs in Linton Hall
Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few major factors that affect your total cost in Linton Hall: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,750. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your power bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Linton Hall average.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Linton Hall homeowners opt to finance their solar panel systems to make going solar more affordable. Even though solar loans make going solar more accessible for Linton Hall homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Linton Hall is the company you get to install your solar panel system. Similar to choosing a company to renovate your kitchen, for instance, you'll have many options for solar installers that provide a range of services for different budgets. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.86 | $12,012 | $15,254 | 11.0 years |
| 8 kW | $2.81 | $15,708 | $20,647 | 10.8 years |
| 10 kW | $2.75 | $19,250 | $26,194 | 10.6 years |
| 12 kW | $2.69 | $22,638 | $31,895 | 10.4 years |
| 14 kW | $2.64 | $25,872 | $37,750 | 10.2 years |
| 16 kW | $2.58 | $28,952 | $43,759 | 10.0 years |
| 18 kW | $2.53 | $31,878 | $49,921 | 9.7 years |
| 20 kW | $2.48 | $34,650 | $56,238 | 9.5 years |
How to Save on Solar Panels
The solar panel company you go with will impact not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, including:
- Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer high-quality solar panel installation and expertise.
- Contract: Review the contract terms closely to make sure you understand the cost breakdown, completion timeline incentives and warranties.
- Solar Panel Brands: The kind of solar panel you'd like to install plays a part in which installer you should choose, since different companies offer different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Linton Hall, VA Solar Cost FAQs
How much does it cost to install solar panels in Linton Hall?
The average cost of solar panels in Linton Hall is about $13,750 for a 5-kW system and $27,500 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the model of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Linton Hall?
Leasing solar panels can be an attractive choice, because it often comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
How will solar panels impact my home value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Linton Hall is currently $400,338, so you could be looking at a value of about $16,414 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Linton Hall is a fruitful investment.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.