Solar Panel Cost Guide in Mcnair, VA (2023 Update)

  • Mcnair Solar Installation Cost: $15,515
  • 25-Year Savings: $20,688
  • Payback Period: 10.7 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated May 04, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Mcnair

Let's take a look at the average cost of solar in Mcnair.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Mcnair, the average cost of solar panels is 2.75 per watt. Because a 8.1-kW system is needed to cover the energy usage of a typical home in Mcnair, the average price of going solar will be about $15,515 after claiming the federal solar tax credit of 30%.

Bear in mind that the figures above are only estimates based on the average energy use of Mcnair homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. But, after you've paid the initial cost of installation, the savings for most homeowners is typically good, with a net average savings of about $17,000 over 20 years on utility bills.

To get a free estimate from a highly rated solar installer in Mcnair, you can click the button below.

Solar savings over time in Mcnair

Year Return on Investment
1 years $-14,067
3 years $-11,171
5 years $-8,275
7 years $-5,378
9 years $-2,482
11 years $414
13 years $3,310
15 years $6,207
17 years $9,103
19 years $11,999
21 years $14,896
23 years $17,792
25 years $20,688

Top Solar Installers in Mcnair

Although you can install solar panels on your own, it requires extra energy and handiness. Because of that, the majority of homeowners choose to hire a solar panel installer. Also, companies with a high reputation that cost more upfront could actually save you money in the long run due to their warranties, repair services and expert design.

You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Mcnair:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

See all of the solar companies in Mcnair

Factors that Affect Solar Panel Costs in Mcnair

There are a number of criteria that can determine your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.

Solar Equipment

The size of the solar panel system you need for your home, which is measured in kilowatts, is the most important 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. However, more efficient panels could save you more in the long run on your electric bills. In addition, add-on products, like solar batteries, can bring your total well above the Mcnair average.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are available from most installers in Mcnair, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.

Solar Panel Installation Company

A final factor to consider when trying to figure out the cost of solar for your home or business in Mcnair is the company you get to install your solar system. Similar to choosing a company to install new cabinets, for instance, you'll have many options for solar installers that offer a range of services for different budgets. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, 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 $14,928 11.1 years
8 kW $2.81 $15,708 $20,212 10.9 years
10 kW $2.75 $19,250 $25,650 10.7 years
12 kW $2.69 $22,638 $31,242 10.5 years
14 kW $2.64 $25,872 $36,988 10.3 years
16 kW $2.58 $28,952 $42,888 10.1 years
18 kW $2.53 $31,878 $48,942 9.9 years
20 kW $2.48 $34,650 $55,150 9.6 years

How to Save on Solar Panels

The solar company you choose will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, such as:

  • Contract: It's important to read through your solar installer's contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
  • Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you choose.
  • Installation Process: When making the switch to solar, it's important to keep an open line of communication with your solar installer. Confirm that you understand how the installation process will go and the project completion timeline.
  • Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Warranty Coverage

Sunpro Solar

★★★★★
4.0

  • Industry-leading warranty coverage
  • Expansive service area
  • Some reported communication issues
  • No leases or PPAs

EcoWatch's Mcnair, VA Solar Cost FAQs

How much does it cost to install solar panels in Mcnair?

The average cost of solar panels in Mcnair is about $13,750 for a 5-kW system and $27,500 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider apart from cost when buying solar panels?

Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.

Is it worth going solar in Mcnair?

Solar panels can be a beneficial investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get enough sunlight and/or your energy bills are already fairly low, solar panels might not be for you.

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 how much energy they produce will have decreased significantly after that point. You can replace them after having them for that long or you can keep using 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.

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