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Solar Panel ROI in Mathews County, VA

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

Avg System Cost

$14,236

After Tax Credit (30%)

$9,965

Est. Payback Period

2.5 yrs

25-Year ROI

918%

Solar Economics in Mathews County

Investment Breakdown

System Cost (est.)$14,236
Federal Tax Credit (30%)-$4,271

Net Cost$9,965

Annual Savings

Est. Annual Energy Savings$4,057
Median Home Value$355,900

Median Household Income$79,054

About Mathews County, Virginia

Mathews County in Virginia has a median household income of $79,054 and median home value of $355,900. With an estimated payback period of 2.5 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.