The cost of solar panels in Virginia

Updated Jan 18, 2024

  • You'll pay an average of $15,035 to install a 5 kilowatt solar panel system in Virginia, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

  • With EnergySage's competitive marketplace, you can expect to see prices up to 20% lower than if you work with a single company.

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Written by: Emily Walker

As of February 2024, the average solar panel system costs $3.01/W including installation in Virginia. For a 5 kW installation, this comes out to about $15,035 before incentives, though prices range from $12,780 to $17,290. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in Virginia

Good Price
$12,780 or less
Market Average
$15,035
High Price
$17,290 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or Virginia state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $15,035 in Virginia, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in Virginia

System Size
System Cost
System Cost (after ITC)
3 kW$9,021$6,315
4 kW$12,028$8,420
5 kW$15,035$10,525
6 kW$18,042$12,629
7 kW$21,049$14,734
8 kW$24,056$16,839
9 kW$27,063$18,944
10 kW$30,070$21,049

Are solar panels worth it in Virginia?

Solar panels are worth it in most areas, including Virginia. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $30,113 over 20 years on electricity costs with a 5 kW system in Virginia. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

Payback Period
9.73 Years
20-Year Savings
$30,113
Cost-per-Watt
$3.01

If you can't shell out $15,035 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in VA, here are some popular suggestions:

  • Nova Solar
    Falls Church, VA
    Established 2012
    Elite Installer
    Nova Solar has become the most trusted name in solar for DC, Maryland, and Virginia because of our commitment to ...
    Elite Installer
    Screened & Verified

    Nova Solar has become the most trusted name in solar for DC, Maryland, and Virginia because of our commitment to ...
  • Cosmo Solaris
    Virginia Beach, VA
    Established 2018
    Elite Installer
    We are a solar installer company that installs and pulls the permits on our own.
    We have 174 in-house employees i...
    Elite Installer
    Screened & Verified

    We are a solar installer company that installs and pulls the permits on our own.
    We have 174 in-house employees i...
  • Southern Exposure Solar
    Ashland, VA
    Established 2019
    Elite Installer
    Introducing Southern Exposure Solar, your trusted local partner for solar solutions in Virginia. Our turnkey sola...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    42 Reviews

    Introducing Southern Exposure Solar, your trusted local partner for solar solutions in Virginia. Our turnkey sola...
  • Kilo Hollow Energy
    Henrico, VA
    Established 2020
    Elite Installer
    Virginia's solar, battery and generator experts. Leading Performance with Superior Presentation to give the Best ...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    13 Reviews

    Virginia's solar, battery and generator experts. Leading Performance with Superior Presentation to give the Best ...
  • Radiant Solar
    Ashland, VA
    Established 1978
    Approved Installer
    In operation since 1978, Radiant Solar by Nexus Energy Systems are veterans of the solar industry. With an A+ rat...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    11 Reviews

    In operation since 1978, Radiant Solar by Nexus Energy Systems are veterans of the solar industry. With an A+ rat...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in Virginia.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in Virginia. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

See what solar costs in VA counties

Choose a county below to see the solar costs in that area.

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