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#31 Solar ROI State

Solar Panel ROI in Virginia (VA)

Virginia averages 1,300 kWh per installed kW per year. At $13.2¢/kWh average utility rates, a 7 kW system produces a 25-year NPV of $5,193.

$13,622
System Cost (After Credits)
$5,193
25-Year NPV
11 years
Payback Period
$0.155/kWh
Solar LCOE

Solar Cost Breakdown in Virginia

7 kW system (2.78/W)$19,460
Federal ITC (30%)-$5,838
Net Cost$13,622

Solar Production in Virginia

Virginia receives an average of 1,300 kWh of solar energy per installed kW per year, based on NREL PVWatts data for a south-facing system at 20° tilt. A 7 kW system produces approximately 9,100 kWh in year one, declining by 0.5% annually due to panel degradation.

At Virginia's average residential rate of $13.2¢/kWh with 4% annual escalation, first-year savings are $1,201. The solar LCOE of $0.155/kWh is -17% below the current utility rate and stays fixed while utility rates continue to climb.

Net Metering in Virginia

1:1 net metering for systems up to 25 kW. Dominion and AEP territories.

Solar by Utility in Virginia

Dominion Energy Virginia

Avg Rate: $13.2¢/kWh
Structure: FLAT
View analysis ›

Appalachian Power Virginia

Avg Rate: $12.8¢/kWh
Structure: FLAT
View analysis ›

Solar FAQ for Virginia

How much does solar cost in Virginia?
A typical 7 kW residential solar system in Virginia costs $19,460 before incentives. After the 30% federal ITC, the net cost drops to $13,622.
What is the solar payback period in Virginia?
Based on the average VA utility rate of $13.2¢/kWh and local solar irradiance of 1,300 kWh/kW/year, a 7 kW system typically pays for itself in 11 years. The 25-year NPV is $5,193.
Does Virginia have net metering?
1:1 net metering for systems up to 25 kW. Dominion and AEP territories.
What is the LCOE of solar in Virginia?
The levelized cost of solar energy in Virginia is approximately $0.155/kWh, compared to the current average utility rate of $13.2¢/kWh. Solar electricity costs -17% less than grid electricity at today's rates, and the gap widens as utility rates rise.
How much electricity does a solar panel produce in Virginia?
Virginia receives approximately 1,300 kWh of solar energy per installed kW per year. A 7 kW system produces about 9,100 kWh in its first year, enough to offset 87% of the average U.S. household's electricity consumption.

Compare Options in Virginia

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Solar ROI in Similar States

Oregon

NPV: $1,513 · Payback: 15yr
Rate: $12.2¢/kWh · #23 ranked

Delaware

NPV: $5,843 · Payback: 11yr
Rate: $14.2¢/kWh · #24 ranked

Minnesota

NPV: $4,341 · Payback: 13yr
Rate: $14.2¢/kWh · #25 ranked

Michigan

NPV: $8,329 · Payback: 10yr
Rate: $18.2¢/kWh · #26 ranked

Vermont

NPV: $14,415 · Payback: 8yr
Rate: $21.2¢/kWh · #27 ranked

Georgia

NPV: $7,487 · Payback: 10yr
Rate: $13.2¢/kWh · #28 ranked

Get Your Virginia Solar Analysis

These are averages. Your ROI depends on your specific utility, consumption, roof, and system size. Run a personalized 25-year NPV analysis — free.

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