Solar Panel Cost Guide in Lake Barcroft, VA (2024 Update)

  • Lake Barcroft Solar Installation Cost: $20,263
  • 25-Year Savings: $20,682
  • Payback Period: 14.0 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Lake Barcroft

We go over average solar pricing in Lake Barcroft.

In Lake Barcroft, solar panels cost about 4 per watt on average.Since a 8.1-kW system is needed to cover the energy usage of a typical home in Lake Barcroft, the average price of going solar will be about $20,263 after claiming the federal solar tax credit of 0.

These figures are just estimates, and how much solar costs for you will most likely look different based on your specific situation and what company you choose to go with.Even with the significant initial cost, the average Lake Barcroft homeowner can save around $17,000 on their power bills over 20 years, which is one of the perks of solar.

To receive a free estimate from a top solar installer in Lake Barcroft, you can click the button below.

Solar savings over time in Lake Barcroft

Year Return on Investment
1 years $-18,664
3 years $-15,466
5 years $-12,268
7 years $-9,070
9 years $-5,872
11 years $-2,674
13 years $524
15 years $3,722
17 years $6,919
19 years $10,117
21 years $13,315
23 years $16,513
25 years $19,711

Top Solar Installers in Lake Barcroft

Although it's possible to install solar panels yourself, it requires extra labor and know-how. That's one of the reasons most people choose a solar panel installer. The expertise that solar companies offer can be invaluable as well, particularly if you aren’t sure what kind of solar equipment would be right for your home.

You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some near you:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

See all of the solar companies in Lake Barcroft

Factors that Affect Solar Panel Costs in Lake Barcroft

There are a number of factors that can affect your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. Because of that, it’s crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs.There are many different solar panel brands and the one you pick also changes the cost. In many cases, the brands that have better efficiency tend to also be more expensive. Plus, the type of equipment you want to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Most solar installers in Lake Barcroft offer solar loans, which reduce your upfront costs of installing solar panels.Even though solar loans make adopting solar energy more accessible for Lake Barcroft homeowners, they can also increase the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar company you opt for to handle your switch to renewable energy can play a part in your total costs. There are about 3 solar panel companies in Lake Barcroft, and each can charge varying amounts for labor and equipment.Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that has the products, warranties and services you’re looking for and also is within your budget.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $3.73 $15,681 $11,259 14.6 years
8 kW $3.66 $20,506 $15,414 14.3 years
10 kW $3.59 $25,130 $19,770 14.0 years
12 kW $3.52 $29,553 $24,327 13.7 years
14 kW $3.45 $33,775 $29,085 13.4 years
16 kW $3.37 $37,796 $34,045 13.2 years
18 kW $3.30 $41,615 $39,205 12.9 years
20 kW $3.23 $45,234 $44,566 12.6 years

How to Save on Solar Panels

Since the type of solar panels and the installation company you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Warranty: A quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
  • Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline incentives and warranties.
  • Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you hire.
  • Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project timeline.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries

Best Social Impact

Palmetto Solar

★★★★★
4.0

  • Expansive service area
  • Makes charitable contributions
  • Certified B Corp
  • No leases or PPAs
  • Quality of installation may vary by location

EcoWatch's Lake Barcroft, VA Solar Cost FAQs

What is the average cost of installing solar panels in Lake Barcroft?

The average cost of solar panels in Lake Barcroft is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the real cost will depend on things such as the kind of solar panels you want, what size system you need and how much energy you consume.

What other factors should I consider other than cost when buying solar panels?

The initial cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to be mindful of are the quality and durability of your solar panels.

Can you sell solar power back to the grid in Lake Barcroft?

Most states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

What solar power system size is right for my home?

The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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