
Solar Panel Cost in Virginia
Updated 2026 guide to solar panel prices, savings, and payback period in Virginia.
Estimated Solar Savings
Solar Panel System Costs in Virginia
Below are estimated costs for different solar panel system sizes in Virginia, including the 30% federal solar tax credit.
| System Size | Cost Before Incentives | Federal Tax Credit (30%) | Net Cost | Est. Annual Production |
|---|---|---|---|---|
| 4 kW | $11,400 | -$3,420 | $7,980 | 6,278 kWh |
| 6 kWMost Popular | $17,100 | -$5,130 | $11,970 | 9,417 kWh |
| 8 kW | $22,800 | -$6,840 | $15,960 | 12,556 kWh |
| 10 kW | $28,500 | -$8,550 | $19,950 | 15,695 kWh |
| 12 kW | $34,200 | -$10,260 | $23,940 | 18,834 kWh |
What Affects Solar Panel Cost in Virginia?
The average cost of solar panels in Virginia is $285/watt before incentives. For a typical 6kW residential system, that means a total cost of about $17,100 before the federal tax credit.
After applying the 30% federal Investment Tax Credit (ITC), your net cost drops to approximately $11,970.Virginia homeowners typically see a payback period of 8 years and save an estimated $30,000 over 25 years.
Virginia solar costs have decreased approximately 41% over the past decade. Recent policy changes and growing market competition have accelerated solar adoption.
Factors that affect your cost:
- System size: Larger systems cost more but have a lower cost per watt
- Equipment quality: Premium panels and inverters cost more but offer better efficiency
- Roof complexity: Steep roofs, multiple levels, or shading can increase installation costs
- Local labor rates: Installation costs vary by region within Virginia
- Incentives: State and local programs can significantly reduce your out-of-pocket cost

Solar Incentives in Virginia
Federal Solar Investment Tax Credit
30% Federal Tax Credit (ITC)
Virginia homeowners can claim the 30% federal ITC. Recent legislation has improved the solar landscape significantly in Virginia.
State & Local Incentives
Property Tax Exemption
Property TaxVirginia localities can exempt solar energy equipment from local property taxes. Most counties and cities offer this exemption.
Sales Tax Exemption
Sales TaxVirginia exempts solar energy equipment from the state's sales and use tax.
Virginia SRECs
SRECVirginia's Clean Economy Act created an SREC market for residential solar installations.
Net Metering
Virginia requires Dominion Energy and Appalachian Power to offer net metering for residential solar systems up to 25 kW at the full retail rate.
AvailableSRECs
Virginia's Clean Economy Act established a renewable portfolio standard that creates demand for SRECs. Residential solar owners can earn and sell SRECs for additional income.
Est. Value: $10-$30 per SREC
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Solar Panel Cost FAQ - Virginia
The cost of solar panels in Virginia typically ranges from $2.50 to $3.50 per watt before incentives. For a standard 6 kW residential system, homeowners in Virginia can expect to pay between $15,000 and $21,000 before the federal tax credit. After applying the 30% federal Investment Tax Credit, the net cost drops to approximately $10,500-$14,700. Actual costs vary based on your specific roof, chosen equipment, and installer. We recommend getting at least three quotes from local Virginia solar installers to find the best price.
The average solar payback period in Virginia depends on local electricity rates, available incentives, and sun exposure. Most Virginia homeowners see a payback period between 6 and 10 years. After the payback period, you essentially enjoy free electricity for the remaining 15-20+ years of your system's life. Higher local electricity rates and additional state incentives can shorten the payback period significantly. A qualified Virginia solar installer can calculate your specific payback period based on your energy usage and roof characteristics.
Virginia homeowners who install solar panels typically save between $20,000 and $50,000 over 25 years, depending on system size, electricity rates, and available incentives. These savings come from reduced or eliminated electricity bills, net metering credits, and any applicable SREC income. As electricity rates in Virginia continue to rise (historically averaging 2-3% annually), your savings grow each year. The combination of the 30% federal tax credit and any Virginia-specific incentives helps maximize your return on investment.
The right solar system size for your Virginia home depends on your electricity consumption, roof space, and budget. The average Virginia home uses approximately 10,000-11,000 kWh per year, which typically requires a 6-8 kW solar system. To determine your ideal size, review your annual electricity usage on recent utility bills. Factors like Virginia's average peak sun hours, your roof orientation, and any shading will affect how many panels you need. A professional Virginia solar installer will use satellite imagery and your usage data to recommend the optimal system size.
Yes, solar is generally worth the investment for Virginia homeowners in 2025. With solar panel costs at historic lows, the 30% federal tax credit still available, and electricity rates continuing to rise, the financial case for solar in Virginia is strong. Most Virginia homeowners who go solar see positive returns within 6-10 years, followed by 15-20+ years of significant savings. Additionally, solar panels increase your home value, provide energy independence, and protect against future electricity rate increases. The best way to determine if solar is right for your Virginia home is to get a free, customized quote from a qualified local installer.
Solar Panel Costs by City in Virginia
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