Solar Panel Cost Guide in South Riding, VA (Jan 2023)
- South Riding Solar Installation Cost: $15,650
- 25-Year Savings: $21,150
- Payback Period: 10.6 Years
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Top Solar Installers in South Riding
Many homeowners opt for a solar installation company since installing solar panels on your own can be a labor-intensive endeavor. A solar company can also help save you money in the long run by providing warranties, repairs and component replacements.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
See all of the solar companies in South Riding
Factors that Affect Solar Panel Costs in South Riding
Even though the average cost of a solar system in South Riding is $15,650, your final cost may differ. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
When it comes to estimating the cost of a solar system in South Riding, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy usage, which you can determine by looking at past energy bills. Your overall cost can increase by around $2,750 for each additional kilowatt you need. The model of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on 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's in your budget.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be challenging. Solar loans are provided by most installers in South Riding, which can lower, or in some cases eliminate, your upfront costs to make solar more accessible. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you hire to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar installation companies operating in South Riding, and each can charge different amounts for labor and equipment. Additionally, some companies in South Riding know more about local solar incentives and can help you make good use of additional rebates or tax exemptions. However, 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||$2.86||$12,012||$15,162||11.1 years|
|8 kW||$2.81||$15,708||$20,524||10.8 years|
|10 kW||$2.75||$19,250||$26,040||10.6 years|
|12 kW||$2.69||$22,638||$31,710||10.4 years|
|14 kW||$2.64||$25,872||$37,534||10.2 years|
|16 kW||$2.58||$28,952||$43,512||10.0 years|
|18 kW||$2.53||$31,878||$49,644||9.8 years|
|20 kW||$2.48||$34,650||$55,930||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:
- Contract: Read the contract terms carefully to make sure you understand the total cost, project completion timeline incentives and warranties.
- Installation Process: Make sure you're on the same page with the company with regard to how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
- Solar Panel Brands: Different companies will offer various brands and types of panels. If you prefer a specific brand, make sure the solar panel company you're considering has it.
- Reputation: Make sure your solar system 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.
EcoWatch's South Riding, VA Solar Cost FAQs
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.