Solar Panel Cost Guide in Norton, VA (2024 Update)
- Norton Solar Installation Cost: $20,501
- 25-Year Savings: $18,653
- Payback Period: 14.9 Years
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Average Cost of Solar Panels in Norton
Find out how much it might cost to install solar panels in Norton.
In Norton, solar panels cost about 4 per watt on average.The average Norton homeowner needs a 8.2-kilowatt system, which would cost about $20,501 with the federal tax credit, or $29,316 before the 0 tax credit is applied.
These figures are just averages, and the cost of going solar for you will most likely vary based on your energy needs and what company you go with.For many homeowners, the upfront cost of solar panels is worth paying. On average Norton homeowners see about $16,000 in savings on electricity bills over 20 years.
Click the button below to get connected to a vetted solar panel company in your area for a personalized quote.
Solar savings over time in Norton
| Year | Return on Investment |
|---|---|
| 1 years | $-19,081 |
| 3 years | $-16,242 |
| 5 years | $-13,402 |
| 7 years | $-10,563 |
| 9 years | $-7,723 |
| 11 years | $-4,884 |
| 13 years | $-2,045 |
| 15 years | $795 |
| 17 years | $3,634 |
| 19 years | $6,474 |
| 21 years | $9,313 |
| 23 years | $12,152 |
| 25 years | $14,992 |
Top Solar Installers in Norton
Many homeowners decide to use a solar panel company since trying to put up solar panels by yourself can be hard. The expertise that solar companies offer can be valuable as well, especially if you don’t quite know what kind of solar equipment you need.
If you’d like to switch to solar energy but still aren’t certain which solar installer to go with, here are our recommendations for providers nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 Norton
Factors that Affect Solar Panel Costs in Norton
There are several factors that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The model of solar panels and equipment you choose is another factor that will greatly influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Furthermore, solar equipment is more than just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Norton to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans remarkably decrease upfront costs in most cases, but they also lead to paying more over time due to interest.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay off the loan.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panels can influence how much it costs. Norton’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Norton know more about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $9,588 | 15.5 years |
| 8 kW | $3.66 | $20,506 | $13,186 | 15.2 years |
| 10 kW | $3.59 | $25,130 | $16,985 | 14.9 years |
| 12 kW | $3.52 | $29,553 | $20,985 | 14.6 years |
| 14 kW | $3.45 | $33,775 | $25,187 | 14.3 years |
| 16 kW | $3.37 | $37,796 | $29,589 | 14.0 years |
| 18 kW | $3.30 | $41,615 | $34,192 | 13.7 years |
| 20 kW | $3.23 | $45,234 | $38,997 | 13.4 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a challenge, we have some tips to help you, such as:
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- Solar Panel Brands: The type of solar panel you’d like plays a part in which company you should opt for, since different companies have different panels.
- Installation Process: When making the switch to solar energy, it’s necessary to maintain an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the project completion timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
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 Norton, VA Solar Cost FAQs
What is the average cost of installing solar panels in Norton?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $17,950 for a 5-kW system and $35,900 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Are solar panels free in Norton?
A solar panel system isn’t free in Norton, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can solar panels significantly reduce my energy bills?
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 $842.31 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.