Solar Panels in
Chincoteague Island, VA

Updated 6/8/2019

How much do solar panels cost in Chincoteague Island, VA in 2019?

As of December 2019, the average solar panel cost in Chincoteague Island, VA is $3.07/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Chincoteague Island, VA ranges in cost from $13,048 to $17,652, with the average gross price for solar in Chincoteague Island, VA coming in at $15,350. After accounting for the 30% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Average solar panel cost by system size in Chincoteague Island, VA

System Size System Cost System Cost (after ITC)
3 kW $9,210 $6,447
4 kW $12,280 $8,596
5 kW $15,350 $10,745
6 kW $18,420 $12,894
7 kW $21,490 $15,043
8 kW $24,560 $17,192
9 kW $27,630 $19,341
10 kW $30,700 $21,490

2019 average solar panel cost graph in Chincoteague Island, VA

for a 5kW system

Great Price
$13,048 or less
Market Average
$15,350
Above Market
$17,652 or more

Solar installation costs do not include the 30% Federal Investment Tax Credit or local incentives. Learn more about local VA incentives, tax credits & rebates.

Payback Period

13.17 Years

20-Year Savings

$19,626

Cost per Watt

$3.07

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True Cost of Solar Guide™ for Virginia

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Don’t get sold on the hype! Find out what solar should actually cost before you talk to your first sales rep. This PDF worksheet will walk you through the simple calculations you can make to determine what size solar PV system you need, and approximately how much it should cost.