Solar Savings Calculator for Chesapeake, VA
Homeowners in Chesapeake pay an average of $158/month for electricity through Dominion Energy Virginia. With 4.7 peak sun hours per day, solar panels can significantly reduce your energy costs.
$158
Avg Monthly Bill
14.5¢/kWh
Electricity Rate
4.7h/day
Peak Sun Hours
$50,350
Est. 25-Year Savings
Calculate Your Savings in Chesapeake
Adjust Your Details for Chesapeake, VA
$
$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
$1,896
Payback Period
8.3 years
25-Year Savings
$50,350
Return on Investment
321%
* Estimates based on 4.7 peak sun hours/day in Chesapeake, VA, 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.
Local Solar Details for Chesapeake
Utility & Permits
- Utility Company
- Dominion Energy Virginia
- Permit Cost
- $350
- Permit Timeline
- 2-4 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 8 kW
- Panel Count
- 20 panels
- Gross Cost
- $22,400
- Net Cost (after credits)
- $15,680
Available Incentives for Chesapeake, VA
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.
Virginia SREC Program
SRECs earned through the Virginia Clean Economy Act renewable portfolio standard.
Other Cities in Virginia
More Solar Tools for Chesapeake
Chesapeake Solar IncentivesAll available tax credits and rebatesChesapeake Cost ComparisonSolar vs. grid costs over 25 yearsChesapeake System SizingHow many panels your home needsChesapeake Permits & RegulationsLocal permit requirementsIs Solar Worth It in Chesapeake?Data-driven analysis for your cityChesapeake Financing OptionsCompare loans, leases, and PPAs
Ready to Go Solar in Chesapeake, VA?
Ready to Go Solar in Chesapeake?
Get a free personalized quote for your Chesapeake home. We handle permits, installation, and utility interconnection.
Get Your Free Quote