Solar Panel Cost Guide in Rose Hill, VA (2024 Update)
- Rose Hill Solar Installation Cost: $20,263
- 25-Year Savings: $20,682
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Rose Hill
Let’s have a look at the average cost of solar panels in Rose Hill.
While the national average of solar panels is $2.66 per watt, solar panels in Rose Hill generally cost about 4.Since a 8.1-kW system is needed to cover the energy costs of a typical home in Rose Hill, the average price of going solar will be about $20,263 after claiming the federal solar tax credit of 0.
Remember that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of equipment you want to get, your solar contractor and more.Many homeowners find adopting solar power is a sound investment. The average homeowner in Rose Hill can save around $17,000 on their power bills over 20 years.
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Solar savings over time in Rose Hill
| Year | Return on Investment |
|---|---|
| 1 years | $-18,664 |
| 3 years | $-15,466 |
| 5 years | $-12,268 |
| 7 years | $-9,070 |
| 9 years | $-5,872 |
| 11 years | $-2,674 |
| 13 years | $524 |
| 15 years | $3,722 |
| 17 years | $6,919 |
| 19 years | $10,117 |
| 21 years | $13,315 |
| 23 years | $16,513 |
| 25 years | $19,711 |
Top Solar Installers in Rose Hill
Many homeowners decide to use a solar installation company since trying to put up solar panels yourself can be a labor-intensive endeavor. Solar installers provide key benefits that can help you get the most out of your investment, like warranties, monitoring and free repairs.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Rose Hill
Factors that Affect Solar Panel Costs in Rose Hill
Although the average cost of a solar system in Rose Hill is $20,263, your actual cost may be above or below the average. There are several factors that can have a significant impact on the cost of a solar system installation. Below are some of the more important things to keep in mind.
Solar Equipment
The size of the solar system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $3,590. The brand and kind of equipment you get for your solar system can raise or lower the price quite significantly. If you prefer a 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 a small roof or just want maximum energy production, you will be looking at a higher equipment cost, but this can typically lead to greater savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Rose Hill homeowners choose to finance their solar panel systems to make going solar more affordable.Even though solar loans make going solar more accessible for Rose Hill 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 cut back on how much interest you have to pay.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panel system can influence how much it costs. Rose Hill’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $3.73 | $15,681 | $11,259 | 14.6 years |
| 8 kW | $3.66 | $20,506 | $15,414 | 14.3 years |
| 10 kW | $3.59 | $25,130 | $19,770 | 14.0 years |
| 12 kW | $3.52 | $29,553 | $24,327 | 13.7 years |
| 14 kW | $3.45 | $33,775 | $29,085 | 13.4 years |
| 16 kW | $3.37 | $37,796 | $34,045 | 13.2 years |
| 18 kW | $3.30 | $41,615 | $39,205 | 12.9 years |
| 20 kW | $3.23 | $45,234 | $44,566 | 12.6 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and model has varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose plays a role in which solar panel brands you have access to.
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the project timeline.
- Reputation: Make sure your solar panel installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
- Contract: Look through the contract terms closely to make sure you understand the cost breakdown, project timeline incentives and warranties.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
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 Rose Hill, VA Solar Cost FAQs
How much does it cost to install solar panels in Rose Hill?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally 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 cost more if you want other solar equipment or more efficient panels, or if you have above-average energy consumption. On the other hand, you can spend less if you want a smaller solar panel system or less expensive solar panels.
Can you get solar panels for free in Rose Hill?
A solar panel system isn’t free in Rose Hill, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Do solar panels increase how much your home is worth?
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 Rose Hill is currently $578,651, so you can look forward to a value of about $23,725 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Rose Hill is a fruitful investment.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.