Cost of Solar in Richmond
A custom solar system is more affordable than ever. Find out what works for your Richmond home!
Going solar in the Richmond area has become more affordable over time.
A custom solar panel system is more accessible and affordable than ever. With Pink Energy, you can add a solar system to your Virginia home that works for your energy needs and potentially saves you money. The upfront cost of your solar system will depend on a few factors, including your home’s location, your current electricity consumption and your future energy goals.
Calculating Your Solar Panel Cost
While the average cost of a solar system is difficult to calculate, a review of your past electricity bills can help establish a rough estimate. Determining how much energy your home currently consumes will help our solar experts develop a solar panel system with enough solar panels to meet your home’s energy needs.
Once we’ve found the right number of panels for your home, we’ll add that cost to the cost of installation for overall solar investment.
Your Richmond Solar Panel Installation Cost Includes The Following:
Step
1
Installation Equipment
On installation day, our team of installation experts will arrive with your custom solar panels, inverters, battery, wiring, conduit, mounting racks and mounting hardware.
Step
2
A Custom-Designed Solar System
Once you’ve contracted with Pink Energy, we’ll prepare your one-of-a-kind solar system, filing all relevant state and local permits in advance of installation day.
Step
3
All Installation Day Procedures
On the day of installation, our experienced team of qualified professionals will install your custom solar system, test its efficacy, and clean up our workspace.
Ready to start your journey to solar installation? Contact Pink Energy of Richmond to request a free quote today.
Cost of Solar FAQs
How much do solar panels cost in Richmond?
It depends on the number of panels required for your home’s unique needs as well as your home’s location. Pink Energy calculates the cost based on dollars per watt. Keep in mind that installation costs will factor into how much a solar panel system will be as well.
Do solar panels increase home value in Richmond?
Potentially! According to this 2018 Zillow study, homes with solar panels installed may sell by up to 4.1% more than homes without. Buyers appreciate energy-efficient homes powered by renewable energy sources!
Are solar panels a good investment in Richmond?
Solar panels are an excellent investment. Given their longevity (about 25 years), solar panels can potentially save you thousands of dollars off your electric bills over time.
How much is the federal tax credit for solar panels?
The federal solar tax credit is 26% of your total solar investment through the end of 2022. This percentage goes down to 22% through the end of 2023 and is unavailable for residential solar systems after that. Tax credits are subject to change and eligibility for federal tax credits depends on your individual and financial circumstances, so we recommend you always consult with your accountant or tax advisor to determine your eligibility.⁵
