Solar Panel Cost Guide in Manassas Park, VA (2023 Update)
- Manassas Park Solar Installation Cost: $15,475
- 25-Year Savings: $19,649
- Payback Period: 11.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Manassas Park
We go over average solar pricing in Manassas Park.
In Manassas Park, solar panels cost about 2.75 per watt on average. To account for the typical energy usage of the average home in Manassas Park, most homeowners require a 8.0-kilowatt system. Using the per-watt figure above, a solar installation costs about $15,477, or $22,132 before the federal solar tax credit of 30% is applied.
The true cost of your system can be higher or lower than the average in Manassas Park depending on a variety of factors, such as the brand of solar panels you choose and the solar installer you hire. Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Manassas Park can save around $17,000 on their energy bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Manassas Park
Year | Return on Investment |
---|---|
1 years | $-15,358 |
3 years | $-15,124 |
5 years | $-14,889 |
7 years | $-14,655 |
9 years | $-14,421 |
11 years | $-14,187 |
13 years | $-13,953 |
15 years | $-13,719 |
17 years | $-13,484 |
19 years | $-13,250 |
21 years | $-13,016 |
23 years | $-12,782 |
25 years | $-12,548 |
Top Solar Installers in Manassas Park
Many homeowners choose to hire a solar panel company since figuring out how to install solar panels on your own can be challenging. Another advantage of utilizing a solar installer is that they can help you make the most of your investment by bringing down your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
If you'd like to go solar but still aren't sure which solar system company to go with, here are our suggestions for providers in Manassas Park:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
See all of the solar companies in Manassas Park
Factors that Affect Solar Panel Costs in Manassas Park
Though the average cost of a solar system in Manassas Park is $15,477, your actual cost may differ. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
When it comes to estimating the cost of a solar system in Manassas Park, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are chiefly based on your home's energy consumption, which you can figure out by looking at past electricity bills. Your overall cost can increase by about $2,750 for each additional kilowatt you need. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your electric bills. Additionally, extra products, like solar batteries, can bump up your total well above the Manassas Park average.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are offered by most installers in Manassas Park, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. When considering your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you choose to install your solar panel system can impact how much it costs. Manassas Park's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $14,204 | 11.5 years |
8 kW | $2.81 | $15,708 | $19,246 | 11.2 years |
10 kW | $2.75 | $19,250 | $24,443 | 11.0 years |
12 kW | $2.69 | $22,638 | $29,793 | 10.8 years |
14 kW | $2.64 | $25,872 | $35,298 | 10.6 years |
16 kW | $2.58 | $28,952 | $40,956 | 10.4 years |
18 kW | $2.53 | $31,878 | $46,769 | 10.1 years |
20 kW | $2.48 | $34,650 | $52,735 | 9.9 years |
How to Save on Solar Panels
Since the type of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Contract: Read the contract terms thoroughly to make sure you understand the overall cost, project timeline incentives and warranties.
- Warranty: A quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Solar Panel Brands: The brand of solar panel you need to install plays a role in which installer you should opt for, since different companies offer different panels.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Manassas Park, VA Solar Cost FAQs
How much does it cost to install solar panels in Manassas Park?
The average cost of solar panels in Manassas Park 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 such as the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Manassas Park?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most savings from going solar.
Do solar panels increase how much your home is worth?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Manassas Park is currently $354,100, so you can look forward to a value of about $14,518 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Manassas Park is a fruitful investment.
How often do you have to replace solar panels?
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 opt to replace them after having 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.