South · VA

Solar Panel Cost in Virginia (2026)

Moderate incentives   Average installed cost: $2.58/watt · Typical payback: 11-14 years

Virginia solar cost breakdown

MetricVirginia
Cost per watt (low–avg–high)$2.30 – $2.58 – $2.92
8.6 kW system cost (before incentives)$19,780 – $25,112
Average residential electricity rate$0.14/kWh
Average peak sun hours/day4.7
Typical payback period11–14 years
Federal tax credit (cash/loan, 2026)Not available (expired 12/31/2025)

Virginia-specific incentives

Virginia exempts solar equipment from state and local property tax through local-option ordinances (check with your county), and Dominion Energy and Appalachian Power both offer retail-rate net metering up to program caps.

Quick facts

State capitalRichmond
Incentive tierModerate
RegionSouth
AbbreviationVA
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Frequently asked questions

How much do solar panels cost in Virginia?

As of 2026, solar panels in Virginia average $2.58 per watt installed, typically ranging $2.30-$2.92/W depending on system size, roof complexity, and equipment tier. A common 8.6 kW residential system runs roughly $19,780-$25,112 before any remaining state incentive.

Is there a state solar tax credit in Virginia?

Virginia exempts solar equipment from state and local property tax through local-option ordinances (check with your county), and Dominion Energy and Appalachian Power both offer retail-rate net metering up to program caps.

What's the typical payback period for solar in Virginia?

Most Virginia homeowners see a payback period of 11-14 years based on current electricity rates and remaining incentives, since the federal 30% tax credit no longer applies to cash or loan purchases in 2026.

Does the federal solar tax credit still apply here?

No — the 30% federal Residential Clean Energy Credit (Section 25D) expired for cash and loan purchases on December 31, 2025. It only remains available indirectly through solar leases and PPAs, where the financing company claims a separate commercial credit.

Not financial, tax, or legal advice. Figures on this page are 2026 estimates based on industry aggregator data (EnergySage marketplace medians, SEIA/Wood Mackenzie market insight, and regional installer data) and are provided for general informational and comparison purposes only. Actual pricing, incentive eligibility, and payback periods depend on your specific roof, usage, equipment, and local program rules. Confirm current incentive details at dsireusa.org and consult a licensed tax professional and local installers before making a purchase decision.