Solar Panel Cost Guide in Tysons, VA (2024 Update)
- Tysons Solar Installation Cost: $20,263
- 25-Year Savings: $20,682
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Tysons
Here’s how much it might cost to go solar in Tysons.
The average cost of a solar panel system in Tysons is 4 per watt.The average Tysons homeowner needs a 8.1-kilowatt system, which would cost about $20,263 with the federal tax credit, or $28,976 before the 0 tax credit is applied.
The true cost of your system can be higher or lower than the average in Tysons depending on a few factors, such as the kind of solar panels you choose and the solar contractor you hire.With typical savings of about $17,000 on electricity bills over 20 years, many homeowners in Tysons find going solar can be quite rewarding.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Tysons
Year | Return on Investment |
---|---|
1 years | $-18,664 |
3 years | $-15,466 |
5 years | $-12,268 |
7 years | $-9,070 |
9 years | $-5,872 |
11 years | $-2,674 |
13 years | $524 |
15 years | $3,722 |
17 years | $6,919 |
19 years | $10,117 |
21 years | $13,315 |
23 years | $16,513 |
25 years | $19,711 |
Top Solar Installers in Tysons
Putting up solar panels on your own can be a dangerous project, which is why getting a solar installation company is a good option for many homeowners. Local solar companies can also help you maximize your return on investment by assisting with any local incentives and by providing warranties and repairs.
If you’d like to go solar but still aren’t sure which solar system installer to go with, here are our recommendations for providers near you:
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 Tysons
Factors that Affect Solar Panel Costs in Tysons
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few key factors that determine your overall cost in Tysons: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay about $3,590 per kilowatt in Tysons.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Tysons, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is difficult, solar loans are an affordable option because they lower your upfront costs and let you pay for your system over a term of, on average, between five and seven years.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you pick will influence your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also fits within your budget.
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 | $11,259 | 14.6 years |
8 kW | $3.66 | $20,506 | $15,414 | 14.3 years |
10 kW | $3.59 | $25,130 | $19,770 | 14.0 years |
12 kW | $3.52 | $29,553 | $24,327 | 13.7 years |
14 kW | $3.45 | $33,775 | $29,085 | 13.4 years |
16 kW | $3.37 | $37,796 | $34,045 | 13.2 years |
18 kW | $3.30 | $41,615 | $39,205 | 12.9 years |
20 kW | $3.23 | $45,234 | $44,566 | 12.6 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since picking a company can be a tough decision, we have some tips to help you, such as:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Solar Panel Brands: The kind of solar panel you want to install plays a role in which installer you should opt for, since different companies have different panels.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
EcoWatch's Tysons, VA Solar Cost FAQs
What is the average cost of installing solar panels in Tysons?
The average cost of solar panels in Tysons 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 like the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Tysons?
Leasing solar panels can be an option if you are unable to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Does Tysons have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future power bills.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can keep using them at a lower efficiency.
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.