Solar Panel Cost Guide in Woodstock, VA (2024 Update)

  • Woodstock Solar Installation Cost: $20,330
  • 25-Year Savings: $19,821
  • Payback Period: 14.4 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 Woodstock

Find out what the average cost of a solar system is in Woodstock.

In Woodstock, solar panels cost about 4 per watt on average.Since a 8.1-kW system is needed to cover the energy costs of a typical home in Woodstock, the average price of going solar will be about $20,330 after claiming the federal solar tax credit of 0.

How much you pay can go above or below the average in Woodstock based on several factors, such as the type of solar panels you choose and the solar company you hire.With typical savings of about $17,000 on utility bills over 20 years, many homeowners in Woodstock find installing solar panels has a decent ROI.

To see your potential ROI and connect with a local solar company, click the button below.

Solar savings over time in Woodstock

Year Return on Investment
1 years $-18,731
3 years $-15,533
5 years $-12,335
7 years $-9,137
9 years $-5,939
11 years $-2,741
13 years $457
15 years $3,654
17 years $6,852
19 years $10,050
21 years $13,248
23 years $16,446
25 years $19,644

Top Solar Installers in Woodstock

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar company can make swapping over to solar power much easier. Another advantage of going with a solar company is that they can help you make the most of your return of investment by reducing your future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.

Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:

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 Woodstock

Factors that Affect Solar Panel Costs in Woodstock

For many Woodstock homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in Woodstock, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.

Solar Equipment

System size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. For that reason, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Woodstock, where sunlight is relatively abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Most solar companies in Woodstock offer solar loans, which reduce the initial cost of installing solar panels.When trying to figure out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

The solar company you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Woodstock, and each can charge varying amounts for labor and equipment.You may see national solar installers that have lower prices because of their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.

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 $10,569 14.9 years
8 kW $3.66 $20,506 $14,495 14.6 years
10 kW $3.59 $25,130 $18,621 14.4 years
12 kW $3.52 $29,553 $22,948 14.1 years
14 kW $3.45 $33,775 $27,476 13.8 years
16 kW $3.37 $37,796 $32,206 13.5 years
18 kW $3.30 $41,615 $37,136 13.2 years
20 kW $3.23 $45,234 $42,268 12.9 years

How to Save on Solar Panels

There are a large number of companies to choose from in Woodstock, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:

  • Contract: Before signing a contract with a solar installer, make sure to read it through carefully so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
  • Reputation: Companies that have been in business for many years likely have a good reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
  • Solar Panel Brands: Different companies offer different brands and types of panels. If you prefer a specific brand, make sure the solar company you’re considering has it.
  • Warranty: If you’re concerned about the longevity of your solar panels, checking if your installer offers a 25-year, all-inclusive warranty can help put you at ease.

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 Woodstock, VA Solar Cost FAQs

What is the average cost of installing solar panels in Woodstock?

The average cost of solar panels in Woodstock is about $17,950 for a 5-kW system and $35,900 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in Woodstock?

Leasing solar panels can be an attractive choice, as it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better option if you want to maximize your savings.

Do solar panels increase how much your home is worth?

Solar panels can increase your home value significantly as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."

How often do you have to replace solar panels?

On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.

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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