Solar Panel Cost Guide in Timberlake, VA (2025 Update)
- Timberlake Solar Installation Cost: $19,297
- 25-Year Savings: $22,447
- Payback Period: 13.0 Years
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Average Cost of Solar Panels in Timberlake
Find out how much it might cost to make the switch to solar in Timberlake.
The national average cost of solar panels is $2.66 per watt, but in Timberlake it’s 4 per watt.Using this figure, a typical 7.7-kW system would cost about $19,297 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of installing solar panels can vary quite a bit based on several factors, such as what size system you need, your energy usage and what company you go with.For most homeowners, the upfront investment in solar is worth paying. On average Timberlake homeowners see about $18,000 in savings on utility bills over 20 years.
To get a free estimate from a highly rated solar company in Timberlake, you can click the button below.
Solar savings over time in Timberlake
Year | Return on Investment |
---|---|
1 years | $-17,877 |
3 years | $-15,038 |
5 years | $-12,199 |
7 years | $-9,359 |
9 years | $-6,520 |
11 years | $-3,680 |
13 years | $-841 |
15 years | $1,998 |
17 years | $4,838 |
19 years | $7,677 |
21 years | $10,517 |
23 years | $13,356 |
25 years | $16,195 |
Top Solar Installers in Timberlake
Although you can install solar panels on your own, it involves extra energy and expertise. For that reason, most homeowners choose to hire a solar panel installer. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
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
See all of the solar companies in Timberlake
Factors that Affect Solar Panel Costs in Timberlake
There are many factors that can influence your solar system 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
System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s a priority to accurately gauge the size of the solar energy system needed for your home by figuring out your typical energy use.There are a lot of different solar panel brands and the one you choose also changes the cost. Generally, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you choose can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
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 Timberlake, which can lower, or in some cases completely eliminate, your upfront costs to make solar more affordable.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it’ll take to pay back the loan.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Timberlake is the company you choose to install your PV system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that offer a range of services at different costs.The size of the company sometimes plays the most considerable role in the cost. Larger national companies, like SunPro and Sunrun, often have lower pricing due to greater resources and better pricing. Smaller local companies might be more costly, but they generally 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 | $3.73 | $15,681 | $13,407 | 13.5 years |
8 kW | $3.66 | $20,506 | $18,279 | 13.2 years |
10 kW | $3.59 | $25,130 | $23,351 | 13.0 years |
12 kW | $3.52 | $29,553 | $28,624 | 12.7 years |
14 kW | $3.45 | $33,775 | $34,099 | 12.4 years |
16 kW | $3.37 | $37,796 | $39,774 | 12.2 years |
18 kW | $3.30 | $41,615 | $45,650 | 11.9 years |
20 kW | $3.23 | $45,234 | $51,728 | 11.7 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should keep in mind, including:
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running for years to come and save you money on part replacement and repairs.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer high-quality solar panel installation and expertise.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Timberlake, VA Solar Cost FAQs
How much does it cost to install solar panels in Timberlake?
The average cost of solar panels in Timberlake is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the real cost will depend on things such as the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Timberlake?
You can’t get solar panels for free in Timberlake. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How will solar panels impact how much my home is worth?
Solar panels can increase your property’s value remarkably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Timberlake?
On average, solar panels can last 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 larger 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.