Solar Panel Cost Guide in Yorkshire, VA (2023 Update)
- Yorkshire Solar Installation Cost: $15,361
- 25-Year Savings: $19,762
- Payback Period: 10.9 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Yorkshire
Find out what the average cost of solar panel installation is in Yorkshire.
In Yorkshire, solar panels cost about 2.75 per watt on average. The average Yorkshire homeowner needs a 8.0-kilowatt system, which would cost about $15,361 with the federal tax credit, or $21,966 before the 30% tax credit is applied.
The true price you pay can go higher or lower than the average in Yorkshire based on a few factors, such as the type of solar panels you choose and the solar company you hire. Many homeowners find going solar is a rewarding investment. The average homeowner in Yorkshire can save around $17,000 on their electricity bills over 20 years.
For a personalized quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Yorkshire
| Year | Return on Investment |
|---|---|
| 1 years | $-13,957 |
| 3 years | $-11,147 |
| 5 years | $-8,337 |
| 7 years | $-5,527 |
| 9 years | $-2,717 |
| 11 years | $93 |
| 13 years | $2,903 |
| 15 years | $5,713 |
| 17 years | $8,523 |
| 19 years | $11,333 |
| 21 years | $14,143 |
| 23 years | $16,953 |
| 25 years | $19,762 |
Top Solar Installers in Yorkshire
Many homeowners opt for a solar panel installer since trying to put up solar panels by yourself can be challenging. Also, companies with a high reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
If you'd like to start using solar energy but still aren't certain which solar company 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
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Yorkshire
Factors that Affect Solar Panel Costs in Yorkshire
Even though the average cost of a solar system in Yorkshire is $15,361, your actual cost may differ. There are several factors that can have a sizable impact on the cost of a solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater 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 $2,750. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Yorkshire, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of 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
Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That's why many Yorkshire homeowners opt to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also adds to your total costs, so it's crucial to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Yorkshire, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, 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 | $14,410 | 11.4 years |
| 8 kW | $2.81 | $15,708 | $19,522 | 11.1 years |
| 10 kW | $2.75 | $19,250 | $24,787 | 10.9 years |
| 12 kW | $2.69 | $22,638 | $30,207 | 10.7 years |
| 14 kW | $2.64 | $25,872 | $35,780 | 10.5 years |
| 16 kW | $2.58 | $28,952 | $41,507 | 10.3 years |
| 18 kW | $2.53 | $31,878 | $47,389 | 10.1 years |
| 20 kW | $2.48 | $34,650 | $53,424 | 9.8 years |
How to Save on Solar Panels
Since the model of solar panels and the installer you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Installation Process: When going solar, it's crucial to keep an open line of communication with your solar company. Confirm that you understand how the installation process will go and the project completion timeline.
- Contract: When reading through your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Solar Panel Brands: The kind of solar panel you want to install plays a part in which installer you should choose, since different companies offer different panels.
- 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.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Yorkshire, VA Solar Cost FAQs
How much does it cost to install solar panels in Yorkshire?
This is a hard question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $13,750 for a 5-kW system and $27,500 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
Is cost the most important thing to think about when buying solar panels?
Cost is definitely one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
Does Yorkshire have a net metering program?
Most states offer 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 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?
To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically 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.
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.