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Solar Panel ROI in Madison County, VA

Is going solar worth it in Madison County? Here are the numbers.

Avg System Cost

$12,460

After Tax Credit (30%)

$8,722

Est. Payback Period

2.2 yrs

25-Year ROI

1050%

Solar Economics in Madison County

Investment Breakdown

System Cost (est.)$12,460
Federal Tax Credit (30%)-$3,738

Net Cost$8,722

Annual Savings

Est. Annual Energy Savings$4,011
Median Home Value$311,500

Median Household Income$74,586

About Madison County, Virginia

Madison County in Virginia has a median household income of $74,586 and median home value of $311,500. With an estimated payback period of 2.2 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in Virginia

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.