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.
The national average cost of solar panels is $2.66 per watt, but in Wytheville it’s 4 per watt.Since a 7.9-kW system is needed to cover the energy consumption of a typical home in Wytheville, the average price of going solar will be about $19,933 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of the cost of a solar panel system. The true cost of installing solar panels can vary quite a bit depending on multiple factors, such as how many panels you need, your energy consumption and what company you go with.Many homeowners find going solar is a sound investment. The average homeowner in Wytheville can save about $17,000 on their electricity bills over 20 years.
You can click the button below to get connected with a top solar installer in Wytheville for a quote for your home.
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 opt for a solar installation company since installing solar panels by yourself can be a labor-intensive endeavor. The payback period of solar panels will vary depending on factors like your roof configuration and energy usage, but working with a solar company can shorten that period. Your provider will be able to help you identify incentives available in your area.
If you're on the hunt for a solar company in Wytheville, we've put together a list of our top suggestions here:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
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 is dependent on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation need 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 considerably impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to cost more. Further, solar equipment goes beyond 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 researching a solar system that falls within your budget.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a significant investment. That’s why many Wytheville homeowners decide to finance their solar panel systems to make paying for solar more affordable.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you choose to handle your switch to solar energy can have an effect on your total costs. There are about 3 solar panel companies operating in Wytheville, and each can charge different amounts for labor and equipment.The company’s size can sometimes play the most significant role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have greater resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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
Since the kind of solar panels and the installer you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- 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 Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
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 stuff like the model of solar panels you want, what size system you need and how much energy you use.
Are solar panels free in Wytheville?
A solar panel system isn’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 can help lower the cost.
Can you sell solar power back to the grid in Wytheville?
The majority of states offer net metering programs of some kind. Through these, you can get paid for the extra power your system produces 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.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can 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 buy 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.