Solar systems in Virginia
With a home solar system, you can produce free electricity for years to come!
Going solar will reduce your carbon footprint and protect your home from rising energy prices!
Adding a rooftop or ground mount solar system to your property in Virginia gives you complete ownership over your electricity production and reduces your dependence on the grid. This will help you save thousands over the lifetime of your system (25-35 years)!
Did you know – in some states, you can get paid for your solar energy through SRECs!
Rooftop Solar in Virginia
An increased demand from AI data centers and grid maintenance costs are driving a surge in electricity prices in Virginia. However, a home solar system for your house can help with that.
With solar panels being about 50% cheaper and 40% more efficient than in 2010, switching to solar energy will help you save on electricity and reduce your usage of grid energy.
Here is how Virginia homeowners will benefit from going solar in 2025:
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Net Metering
Net metering is a great benefit for solar owners because it provides them with credits for any kilowatt-hour of surplus energy they send back to the grid. These valuable credits not only offset your electric costs but also cover both delivery and supply charges for each kilowatt-hour.
Basically, you get to enjoy the energy you generate on sunny summer days while using those credits to power your home during the winter months or any time your system produces less energy than you need.
Keep in mind that net metering in Virginia is available on a first-come, first-served basis. Once the cap is reached for the year, new applications are no longer accepted.
To dive deeper into the benefits of net metering, check out our insightful blog article: What is Net Metering and Is It Worth It for Solar Owners?
30% Federal Tax Credit
This federal tax credit lets you claim 30 percent off your system’s cost, helping you lower your federal income tax return for the year. For example, if your system costs $20,000, you could receive a tax credit of $6,000. Please note that this tax credit may be phased out after 2025 if the Senate decides to discontinue it! Keep in mind that this tax credit will end after December 31, 2025 so now is the time to take advantage of it!
Solar Renewable Energy Certificates (SRECs)
A SREC is a financial incentive that helps homeowners earn money from the sale of extra energy produced by their rooftop panels. They can earn 1 SREC for every 1 MWh or 1000 kWH of electricity their solar system generates.
For example, if a homeowner in Virginia has a system that generates 6 MWh (6,000 kWh) in a year and SRECs in that state sell for around $23, they could earn 6x $23= $138 per year!
Learn more about SRECs: SRECs: What Are They and Why Should You Care?
Other Local Incentives
A property tax exemption is also available to Virginia homeowners who decide to go solar.
Solar panels make your home more energy-efficient which helps to boost its value. But in Virginia you qualify for either a full or partial tax exemption on the value added to your home from your solar panels.
Equipment Warranties
Warranties for panels typically cover 25 years and come with power performance warranties! Inverters come with 15-25 year warranties, and our installers guarantee their work and provide roof penetration warranties of 5-10 years.
If you choose a lease agreement versus a purchase agreement, everything is guaranteed for the lifetime of the 25 year lease, including maintenance, insurance and performance (at the cost of lower lifetime savings).
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