Solar Savings Calculator for Virginia

Virginia homeowners pay an average of $155/month for electricity at 14.5¢/kWh. With 4.5 peak sun hours per day, solar can dramatically cut your energy costs.

$155
Avg Monthly Bill
14.5¢/kWh
Electricity Rate
4.5h/day
Peak Sun Hours
$49,097
Est. 25-Year Savings

Calculate Your Savings in Virginia

Adjust Your Details for Virginia

$
$50$1,000
50010,000
5¢50¢

Your Estimated Solar Savings

System Size
8 kW
Panel Count
20 panels
Total System Cost
$22,400
Federal Tax Credit (30%)
-$6,720
Net Cost
$15,680
Annual Savings
$1,860
Payback Period
8.4 years
25-Year Savings
$49,097
Return on Investment
313%

* Estimates based on 4.5 peak sun hours/day in Virginia, system cost of $2.8/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in Virginia

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Virginia SREC Program

SRECs earned through the Virginia Clean Economy Act renewable portfolio standard.

$10-50 per SREC

Cities in Virginia

Select your city for a more precise estimate with local electricity rates and utility information.

Virginia Beach

14.8¢/kWh · 4.7h sun/day

Avg bill: $158/mo · Dominion Energy Virginia

Norfolk

14.5¢/kWh · 4.7h sun/day

Avg bill: $152/mo · Dominion Energy Virginia

Chesapeake

14.5¢/kWh · 4.7h sun/day

Avg bill: $158/mo · Dominion Energy Virginia

Richmond

14.5¢/kWh · 4.5h sun/day

Avg bill: $152/mo · Dominion Energy Virginia

Arlington

14.8¢/kWh · 4.4h sun/day

Avg bill: $155/mo · Dominion Energy Virginia

Alexandria

14.8¢/kWh · 4.4h sun/day

Avg bill: $155/mo · Dominion Energy Virginia

Newport News

14.5¢/kWh · 4.6h sun/day

Avg bill: $152/mo · Dominion Energy Virginia

More Solar Resources for Virginia

Virginia Solar IncentivesTax credits, rebates, and SRECsVirginia Cost ComparisonSolar vs. grid costs over 25 yearsVirginia System SizingHow many panels your home needsVirginia Permits & RegulationsLocal permit requirements and HOA rulesIs Solar Worth It in Virginia?Data-driven analysis for your stateVirginia Financing OptionsCompare loans, leases, and PPAs
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