Solar Panel Cost Guide in Wytheville, VA (2024 Update)
- Wytheville Solar Installation Cost: $19,933
- 25-Year Savings: $20,671
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Wytheville
We break down average solar pricing in Wytheville.
In Wytheville, solar panels cost about 4 per watt on average.The average Wytheville homeowner needs a 7.9-kilowatt system, which would cost about $19,933 with the federal tax credit, or $28,504 before the 0 tax credit is applied.
These figures are only estimates, and how much solar costs for you will vary based on factors unique to your home and what company you want to go with.For many homeowners, the upfront investment in solar panels is worth paying. On average Wytheville homeowners see about $17,000 in savings on utility bills over 20 years.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Wytheville
| Year | Return on Investment |
|---|---|
| 1 years | $-18,513 |
| 3 years | $-15,674 |
| 5 years | $-12,834 |
| 7 years | $-9,995 |
| 9 years | $-7,155 |
| 11 years | $-4,316 |
| 13 years | $-1,477 |
| 15 years | $1,363 |
| 17 years | $4,202 |
| 19 years | $7,042 |
| 21 years | $9,881 |
| 23 years | $12,720 |
| 25 years | $15,560 |
Top Solar Installers in Wytheville
Many homeowners choose to hire a solar installation company since trying to install solar panels on your own can be hard. Another benefit of working with a solar installer is that they can help you make the most of your investment by cutting back on future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
You can work with a local solar installer to get a free quote on how much solar panels could cost for your home. Here are some near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
See all of the solar companies in Wytheville
Factors that Affect Solar Panel Costs in Wytheville
The cost of installing a solar system in Wytheville can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,590.The kind of solar panels and equipment you choose is another factor that will significantly influence 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 consider 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’s in your budget.
Solar Financing Terms
Most solar companies in Wytheville provide solar loans, which reduce the initial cost of installing solar.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to consider that as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
Lastly, the company you opt for to install your solar panel system can affect the cost. Wytheville’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.
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 | $11,505 | 14.4 years |
| 8 kW | $3.66 | $20,506 | $15,743 | 14.1 years |
| 10 kW | $3.59 | $25,130 | $20,181 | 13.9 years |
| 12 kW | $3.52 | $29,553 | $24,820 | 13.6 years |
| 14 kW | $3.45 | $33,775 | $29,660 | 13.3 years |
| 16 kW | $3.37 | $37,796 | $34,702 | 13.0 years |
| 18 kW | $3.30 | $41,615 | $39,944 | 12.8 years |
| 20 kW | $3.23 | $45,234 | $45,388 | 12.5 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: The model of solar panel you want to install plays a part in which installer you should go with, since different companies offer different panels.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years likely offer high-quality solar panel installation and expertise.
- Warranty: If you care about the durability of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Social Impact
Palmetto Solar
- Expansive service area
- Makes charitable contributions
- Certified B Corp
- No leases or PPAs
- Quality of installation may vary by location
EcoWatch's Wytheville, VA Solar Cost FAQs
How much does it cost to install solar panels in Wytheville?
The average cost of solar panels in Wytheville 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.
Can you get solar panels for free in Wytheville?
Solar panels aren’t free in Wytheville, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Does Wytheville have a net metering program?
The majority of states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future energy 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?
The exact number of solar panels you need depends on your household energy usage and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.
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.