Solar Panel Cost Guide in Verona, VA (2025 Update)
- Verona Solar Installation Cost: $19,773
- 25-Year Savings: $20,247
- Payback Period: 14.0 Years
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Average Cost of Solar Panels in Verona
See how much it might cost to switch to solar power in Verona.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Verona, the typical cost of solar panels is 4 per watt.Using this figure, a typical 7.9-kW system would cost about $19,773 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Verona homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Verona find installing solar panels can pay off big.
To get a free estimate from a pre-vetted solar company in Verona, you can click the button below.
Solar savings over time in Verona
Year | Return on Investment |
---|---|
1 years | $-18,174 |
3 years | $-14,976 |
5 years | $-11,778 |
7 years | $-8,581 |
9 years | $-5,383 |
11 years | $-2,185 |
13 years | $1,013 |
15 years | $4,211 |
17 years | $7,409 |
19 years | $10,607 |
21 years | $13,805 |
23 years | $17,002 |
25 years | $20,200 |
Top Solar Installers in Verona
Installing solar panels yourself can be a stressful undertaking, which is why using a solar installer is a good option for many homeowners. The expertise that solar companies offer can be helpful as well, especially if you don’t quite know what kind of solar equipment you need.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
See all of the solar companies in Verona
Factors that Affect Solar Panel Costs in Verona
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that will push your cost above or below the average in Verona: 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 adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to pay about $3,590 per kilowatt in Verona.The type of solar panels and equipment you want is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment is 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 searching for a solar system that falls within your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Verona to be too steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to higher prices over time due to interest.However, the interest on solar loans also adds to your overall costs, so it’s important to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
A final factor to consider when trying to evaluate the cost of solar for your home or business in Verona is the company you choose to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that provide a range of services at different price points.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
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 | $11,308 | 14.5 years |
8 kW | $3.66 | $20,506 | $15,480 | 14.2 years |
10 kW | $3.59 | $25,130 | $19,852 | 14.0 years |
12 kW | $3.52 | $29,553 | $24,426 | 13.7 years |
14 kW | $3.45 | $33,775 | $29,200 | 13.4 years |
16 kW | $3.37 | $37,796 | $34,176 | 13.1 years |
18 kW | $3.30 | $41,615 | $39,353 | 12.8 years |
20 kW | $3.23 | $45,234 | $44,731 | 12.6 years |
How to Save on Solar Panels
There are many companies to choose from in Verona, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you opt for.
- Installation Process: One of the most important things to understand when adopting solar power is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for a long time and save you money on repairs and maintenance.
- Contract: When looking through your solar installer’s contract, ask questions about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
EcoWatch's Verona, VA Solar Cost FAQs
What is the average cost of installing solar panels in Verona?
This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $17,950 for a 5-kW system and $35,900 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to think about when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Verona?
Most states have net metering programs of some kind. Through these, you can either get paid for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.