Solar Panel Cost Guide in Spotsylvania Courthouse, VA (2023 Update)
- Spotsylvania Courthouse Solar Installation Cost: $15,188
- 25-Year Savings: $20,203
- Payback Period: 10.7 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Spotsylvania Courthouse
We break down average solar pricing in Spotsylvania Courthouse.
The average cost of a solar panel system in Spotsylvania Courthouse is 2.75 per watt. To account for the typical energy needs of the average home in Spotsylvania Courthouse, most homeowners require a 7.9-kilowatt system. Using the figure above, a solar installation costs about $15,188, or $21,719 before the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average Spotsylvania Courthouse homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. But, after you've paid the upfront cost of installation, the payback for most homeowners is quite good, with a net average savings of about $17,000 over 20 years on energy bills.
You can click the button below to get connected with a pre-vetted solar installer in Spotsylvania Courthouse for a quote for your home.
Solar savings over time in Spotsylvania Courthouse
| Year | Return on Investment |
|---|---|
| 1 years | $-13,773 |
| 3 years | $-10,941 |
| 5 years | $-8,110 |
| 7 years | $-5,279 |
| 9 years | $-2,447 |
| 11 years | $384 |
| 13 years | $3,215 |
| 15 years | $6,046 |
| 17 years | $8,878 |
| 19 years | $11,709 |
| 21 years | $14,540 |
| 23 years | $17,371 |
| 25 years | $20,203 |
Top Solar Installers in Spotsylvania Courthouse
When going solar, many homeowners prefer to hire a solar installation company since DIY solar panel installation can be a time-consuming project. Some solar companies, especially local ones, can help you take advantage of incentives in Spotsylvania Courthouse, therefore optimizing your ROI.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Spotsylvania Courthouse
Factors that Affect Solar Panel Costs in Spotsylvania Courthouse
The cost of installing a solar system in Spotsylvania Courthouse can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system your household needs, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it's a priority to accurately ascertain the size of the solar energy system needed for your home by figuring out your typical energy use. The kind of solar panels and equipment you get is another factor that will greatly impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, 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 looking for a solar system that falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are provided by most installers in Spotsylvania Courthouse, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs significantly.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Spotsylvania Courthouse is the company you choose to install your solar panel system. As with choosing a company to install new cabinets, for example, there are plenty of solar installers that provide a range of services at different costs. Additionally, some companies in Spotsylvania Courthouse are more knowledgeable about local solar incentives and can help you take advantage 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 | $14,886 | 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 solar installer you go with will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should keep in mind, including:
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. Even though there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so be sure to peruse their list of options before deciding.
- Contract: It's important to read your solar installer's contract closely to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system's energy production.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years likely provide high-quality solar panel installation and expertise.
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 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.