Solar Savings Calculator for Newport News, VA
Homeowners in Newport News pay an average of $152/month for electricity through Dominion Energy Virginia. With 4.6 peak sun hours per day, solar panels can significantly reduce your energy costs.
$152
Avg Monthly Bill
14.5¢/kWh
Electricity Rate
4.6h/day
Peak Sun Hours
$48,627
Est. 25-Year Savings
Calculate Your Savings in Newport News
Adjust Your Details for Newport News, VA
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Your Estimated Solar Savings
System Size
7.6 kW
Panel Count
19 panels
Total System Cost
$21,280
Federal Tax Credit (30%)
-$6,384
Net Cost
$14,896
Annual Savings
$1,824
Payback Period
8.2 years
25-Year Savings
$48,627
Return on Investment
326%
* Estimates based on 4.6 peak sun hours/day in Newport News, 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 Newport News
Utility & Permits
- Utility Company
- Dominion Energy Virginia
- Permit Cost
- $325
- Permit Timeline
- 2-4 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 7.6 kW
- Panel Count
- 19 panels
- Gross Cost
- $21,280
- Net Cost (after credits)
- $14,896
Available Incentives for Newport News, 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
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