Solar Incentives & Rebates in Virginia
Virginia homeowners can take advantage of federal and state incentives to significantly reduce the cost of going solar. Below is a complete breakdown of every incentive, rebate, and policy available in Virginia.
Net Metering
Full retail-rate net metering
SREC Program
SRECs available — earn credits for solar generation
State Tax Credit
No state tax credit — federal 30% ITC still applies
All Solar Incentives in Virginia
Federal Solar Investment Tax Credit (ITC)
Tax CreditReduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
Value: 30% of system cost
Eligibility: All US homeowners with sufficient tax liability. System must be new and installed on primary or secondary residence.
Expires: 30% through 2032, 26% in 2033, 22% in 2034
Virginia SREC Program
SRECSRECs earned through the Virginia Clean Economy Act renewable portfolio standard.
Value: $10-50 per SREC
Eligibility: Registered Virginia solar facilities
Expires: Through VCEA compliance period
Related Solar Resources for Virginia
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