Solar Panel Cost Guide in Mount Hermon, VA (2025 Update)
- Mount Hermon Solar Installation Cost: $19,269
- 25-Year Savings: $23,599
- Payback Period: 12.6 Years
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Average Cost of Solar Panels in Mount Hermon
We go over average solar pricing in Mount Hermon.
In Mount Hermon, solar panels cost about 4 per watt on average.The average solar panel system size in Mount Hermon is around 7.7 kilowatts, meaning a cost of about $19,269 for a solar installation, or $27,555 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Mount Hermon homeowner. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find installing solar panels is a sound investment. The average homeowner in Mount Hermon can save around $19,000 on their electricity 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 Mount Hermon
| Year | Return on Investment |
|---|---|
| 1 years | $-17,849 |
| 3 years | $-15,010 |
| 5 years | $-12,171 |
| 7 years | $-9,331 |
| 9 years | $-6,492 |
| 11 years | $-3,652 |
| 13 years | $-813 |
| 15 years | $2,026 |
| 17 years | $4,866 |
| 19 years | $7,705 |
| 21 years | $10,545 |
| 23 years | $13,384 |
| 25 years | $16,223 |
Top Solar Installers in Mount Hermon
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring a solar company can make your switch to solar power much easier. Another perk of using a solar company is that they can help you maximize your return of 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're looking for a solar installer in Mount Hermon, the EcoWatch team has organized a list of our top suggestions here:
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 Mount Hermon
Factors that Affect Solar Panel Costs in Mount Hermon
The cost of installing a solar system in Mount Hermon can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,590.The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Solar panels can save you money on energy bills over many years, but they can also be a significant investment. That’s why many Mount Hermon homeowners decide to finance their solar panel systems to make paying for solar more affordable.While solar loans make switching to solar energy more accessible for Mount Hermon homeowners, they can also increase the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Mount Hermon is the company you choose to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services at different price points.Companies that only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and go with the company that offers the products, warranties and services you want and also is within your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.73 | $15,681 | $14,335 | 13.1 years |
| 8 kW | $3.66 | $20,506 | $19,515 | 12.8 years |
| 10 kW | $3.59 | $25,130 | $24,897 | 12.6 years |
| 12 kW | $3.52 | $29,553 | $30,479 | 12.3 years |
| 14 kW | $3.45 | $33,775 | $36,263 | 12.1 years |
| 16 kW | $3.37 | $37,796 | $42,247 | 11.8 years |
| 18 kW | $3.30 | $41,615 | $48,433 | 11.6 years |
| 20 kW | $3.23 | $45,234 | $54,819 | 11.3 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 several important things you should consider, such as:
- 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 substantial role in the company you opt for.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you’re aligned with the installer regarding how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Mount Hermon, VA Solar Cost FAQs
How much does it cost to install solar panels in Mount Hermon?
The average cost of solar panels in Mount Hermon is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Mount Hermon?
Leasing solar panels can be an option if you can’t afford to pay upfront or get 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.
How much can I save on power bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,000.53 per year.
How long do solar panels last in Mount Hermon?
Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to 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.