Solar Savings Calculator for Norfolk, VA
Homeowners in Norfolk pay an average of $152/month for electricity through Dominion Energy Virginia. With 4.7 peak sun hours per day, solar panels can significantly reduce your energy costs.
$152
Avg Monthly Bill
14.5¢/kWh
Electricity Rate
4.7h/day
Peak Sun Hours
$48,627
Est. 25-Year Savings
Calculate Your Savings in Norfolk
Adjust Your Details for Norfolk, VA
$
$50$1,000
50010,000
5¢50¢
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 4.7 peak sun hours/day in Norfolk, 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 Norfolk
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 Norfolk, 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 Norfolk
Norfolk Solar IncentivesAll available tax credits and rebatesNorfolk Cost ComparisonSolar vs. grid costs over 25 yearsNorfolk System SizingHow many panels your home needsNorfolk Permits & RegulationsLocal permit requirementsIs Solar Worth It in Norfolk?Data-driven analysis for your cityNorfolk Financing OptionsCompare loans, leases, and PPAs
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