Solar Panel Cost Guide in Spotsylvania Courthouse, VA (2023 Update)
- Spotsylvania Courthouse Solar Installation Cost: $15,197
- 25-Year Savings: $20,194
- Payback Period: 10.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Spotsylvania Courthouse
Let's take a look at the average cost of solar panels in Spotsylvania Courthouse.
In Spotsylvania Courthouse, solar panels cost about 2.75 per watt on average. Because a 7.9-kW system is needed to cover the energy needs of a typical home in Spotsylvania Courthouse, the average price of going solar will be about $15,188 after claiming the federal solar tax credit of 30%.
Bear in mind that the figures above are only estimates based on the average energy use of Spotsylvania Courthouse homeowners. 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. But, after you've paid the initial cost of installation, the savings for most homeowners is typically good, with a net average savings of about $17,000 over 20 years on utility bills.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Spotsylvania Courthouse
| Year | Return on Investment |
|---|---|
| 1 years | $-15,079 |
| 3 years | $-14,843 |
| 5 years | $-14,607 |
| 7 years | $-14,371 |
| 9 years | $-14,135 |
| 11 years | $-13,899 |
| 13 years | $-13,663 |
| 15 years | $-13,427 |
| 17 years | $-13,191 |
| 19 years | $-12,955 |
| 21 years | $-12,719 |
| 23 years | $-12,483 |
| 25 years | $-12,247 |
Top Solar Installers in Spotsylvania Courthouse
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can be a headache. Using an installer can make your switch to solar power much easier. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives you can benefit from and by offering warranties and repairs.
If you're on the hunt for a solar installer in Spotsylvania Courthouse, the EcoWatch team has 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
See all of the solar companies in Spotsylvania Courthouse
Factors that Affect Solar Panel Costs in Spotsylvania Courthouse
There are a number of criteria that can influence your 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
One of the most important 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 electricity your household consumes, the larger your system will likely need to be. You can expect to spend around $2,750 per kilowatt in Spotsylvania Courthouse. The brand of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Spotsylvania Courthouse to be too steep, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest. Even though solar loans make adopting solar energy more accessible for Spotsylvania Courthouse homeowners, they can also increase 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 avoid paying as much in interest.
Solar Panel Installation Company
A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Spotsylvania Courthouse is the company you get to install your solar panel system. As with choosing a company to build a deck or pool, for example, you'll have many options for solar installers that offer a range of services for different budgets. The company's size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger companies.
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 | $14,886 | 11.2 years |
| 8 kW | $2.81 | $15,708 | $20,156 | 10.9 years |
| 10 kW | $2.75 | $19,250 | $25,581 | 10.7 years |
| 12 kW | $2.69 | $22,638 | $31,159 | 10.5 years |
| 14 kW | $2.64 | $25,872 | $36,891 | 10.3 years |
| 16 kW | $2.58 | $28,952 | $42,777 | 10.1 years |
| 18 kW | $2.53 | $31,878 | $48,817 | 9.9 years |
| 20 kW | $2.48 | $34,650 | $55,011 | 9.7 years |
How to Save on Solar Panels
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: Look through the contract terms closely to make sure you understand the total cost, project completion timeline incentives and warranties.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Each solar panel brand and kind has varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
- Warranty: If you're worried about the durability of your solar panels, ensuring your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Spotsylvania Courthouse, VA Solar Cost FAQs
How much does it cost to install solar panels in Spotsylvania Courthouse?
This is a hard question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $13,750 for a 5-kW system and $27,500 for a 10-kW system after the ITC is applied. It will be more expensive if you want other solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Is cost the most important thing to consider when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Is it worth going solar in Spotsylvania Courthouse?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.