Solar Panel Cost Guide in Verona, VA (2023 Update)
- Verona Solar Installation Cost: $15,147
- 25-Year Savings: $20,247
- Payback Period: 10.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Verona
We go over average solar pricing in Verona.
Although the national average of solar panels is $2.66 per watt, solar panels in Verona generally cost around 2.75. Because a 7.9-kW system is needed to cover the energy needs of a typical home in Verona, the average price of going solar will be about $15,150 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy consumption, the type of equipment you want to get, your solar contractor and more. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in Verona can save around $17,000 on their energy bills over 20 years.
You can click the button below to get connected with a top solar installer in Verona that can help you get a more accurate cost estimate for your home.
Solar savings over time in Verona
| Year | Return on Investment |
|---|---|
| 1 years | $-13,548 |
| 3 years | $-10,350 |
| 5 years | $-7,152 |
| 7 years | $-3,954 |
| 9 years | $-756 |
| 11 years | $2,442 |
| 13 years | $5,640 |
| 15 years | $8,838 |
| 17 years | $12,035 |
| 19 years | $15,233 |
| 21 years | $18,431 |
| 23 years | $21,629 |
| 25 years | $24,827 |
Top Solar Installers in Verona
When going solar, many homeowners opt to use a solar installation company since overseeing your solar installation yourself can be a time-consuming project. Plus, if you aren't sure what kind of solar panels and equipment you may need, a solar company can help you find the right equipment for you after a site survey and consultation.
There are several licensed solar professionals that can take care of your solar installation project. 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 Verona
Factors that Affect Solar Panel Costs in Verona
The cost of installing a solar system in Verona can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is your system size, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you pick also changes the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you just 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 a solar system out of pocket can be difficult. Solar loans are offered by most installers in Verona, which can bring down, or in some cases completely eliminate, your upfront costs to make solar more affordable. Although solar loans make switching to solar energy more accessible for Verona homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installer you choose to handle your switch to renewable energy can play a role in your total costs. There are about 3 solar panel companies operating in Verona, and each can charge different amounts for labor and equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those larger 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 | $14,977 | 11.1 years |
| 8 kW | $2.81 | $15,708 | $20,278 | 10.9 years |
| 10 kW | $2.75 | $19,250 | $25,732 | 10.7 years |
| 12 kW | $2.69 | $22,638 | $31,341 | 10.5 years |
| 14 kW | $2.64 | $25,872 | $37,103 | 10.3 years |
| 16 kW | $2.58 | $28,952 | $43,020 | 10.1 years |
| 18 kW | $2.53 | $31,878 | $49,090 | 9.8 years |
| 20 kW | $2.48 | $34,650 | $55,315 | 9.6 years |
How to Save on Solar Panels
There are numerous companies to choose from in Verona, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Contract: Before signing a contract with a solar installer, make sure to look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
- Solar Panel Brands: Different companies have different brands and kinds of panels. If you know you want a specific brand, make sure the solar panel installer you're considering has it.
- 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: Solar companies that have great reviews from their customers and that have been operating for many years in most cases 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
EcoWatch's Verona, VA Solar Cost FAQs
How much does it cost to install solar panels in Verona?
The average cost of solar panels in Verona is about $13,750 for a 5-kW system and $27,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Verona?
A solar panel system isn't free in Verona, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Is it worth going solar in Verona?
Solar panels can be a good investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
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 should be disposed of 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.