Solar Panel Cost Guide in Seven Corners, VA (2023 Update)
- Seven Corners Solar Installation Cost: $15,515
- 25-Year Savings: $20,688
- Payback Period: 10.7 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Seven Corners
Find out what the average cost of installing solar panels is in Seven Corners.
The average cost of a solar panel system in Seven Corners is 2.75 per watt. Because a 8.1-kW system is needed to cover the energy usage of a typical home in Seven Corners, the average price of going solar will be about $15,515 after claiming the federal solar tax credit of 30%.
How much you pay can be above or below the average in Seven Corners based on several factors, such as the kind of solar panels you choose and the solar contractor you hire. For many homeowners, the upfront cost of solar panels is worth paying. On average Seven Corners homeowners see about $17,000 in savings on energy bills over 20 years.
Click the button below to get connected to a highly rated solar installer in your area for a custom quote.
Solar savings over time in Seven Corners
| 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 Seven Corners
Although you can install solar panels yourself, it requires extra energy and handiness. That's one of the reasons almost all homeowners choose to go with a solar panel installer. Companies can also offer access to various kinds of the best solar panels and help you pick which one will be right for your home.
If you're searching for a solar company in Seven Corners, we've compiled 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Seven Corners
Factors that Affect Solar Panel Costs in Seven Corners
Though the average cost of a solar system in Seven Corners is $15,515, your actual cost may differ. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend about $2,750 per kilowatt in Seven Corners. 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 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, such as solar batteries, can bump up your total well above the Seven Corners average.
Solar Financing Terms
Most solar installers in Seven Corners offer solar loans, which reduce the initial cost of installing solar. Even though solar loans make adopting solar energy more accessible for Seven Corners homeowners, they can also raise the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to consider when trying to estimate the cost of solar for your home or business in Seven Corners is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for instance, you'll have many options for solar installers that provide a range of services at different costs. Additionally, some companies in Seven Corners have more knowledge about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $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
There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Reputation: Make sure your solar company 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 the EcoWatch team.
- Solar Panel Brands: Different companies will carry different brands and models of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Contract: Look through the contract terms carefully to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Installation Process: When going solar, it's essential 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.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Seven Corners, VA Solar Cost FAQs
What is the average cost of installing solar panels in Seven Corners?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly speaking, it costs about $13,750 for a 5-kW system and $27,500 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you want a smaller solar panel system or cheaper solar panels.
Are solar panels free in Seven Corners?
A solar panel system isn't free in Seven Corners, 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 you can take advantage of.
Can you sell solar power back to the grid in Seven Corners?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future utility bills.
How long do solar panels last in Seven Corners?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.