Benefits of Solar Energy
Solar energy provides numerous advantages that will enhance your home for years to come.
- Reduced carbon footprint: Embracing solar is a surefire way to reduce your carbon footprint and home fossil fuel dependency.
- Better energy independence: Adding a solar battery lets you have dependable energy during grid outages and storms.
- Smaller power bills: Generating some or all of your own electricity will spend less on electricity long-term.
What Solar Incentives Are Available to Centreville Homeowners?
Virginia agencies and electric companies offer a variety of solar incentives to help reduce your solar system costs. Check out a breakdown of applicable solar programs where you live.
Incentive Type: Personal Tax Deduction
20% of the sales tax paid by an individual
Incentive Type: Property Tax IncentiveWebsite: law.lis.virginia.gov
Depends on the local governing body
Incentive Type: Property Tax IncentiveWebsite: dmme.virginia.gov
Varies (local option)
Incentive Type: Personal Tax CreditWebsite: ecowatch.com
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Centreville
The purchase price and efficiency of solar panels often depend on which company mounted them. Make your choice based on the following important considerations.
Licensing and Training
Since 2012, Virginia's Department of Professional and Occupational Regulation has issued Alternative Energy Systems (AES) licenses to contractors working on solar photovoltaic systems. Even if a contractor has an AES license, they may still need to subcontract HVAC, electrical or plumbing work. Look for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar sector's most credible trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.
Cost of Solar Panels in Centreville
Different solar panel types look and perform differently. Monocrystalline panels cost more than other options, but they generate the most power. Polycrystalline panels provide a lower price point but produce less power. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
You can also add battery backups and electric vehicle (EV) chargers. These will increase your total project price, but they can increase your solar system's performance. Not every solar provider provides these optional components, so look for a company that sells them if it's important for you.
If you're a resident of Centreville and want a five-kilowatt solar energy system, you could plan to spend about $17,950 for parts and installation. Find more information on specific component and panel costs in the table.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Centreville
Choosing the best financing option will impact your overall solar system cost and expected savings. Common payment options include cash payments, leases, power purchase agreements, and loans. We recommend making a cash payment or securing a solar loan for the highest return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar incentives to reduce your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in installments while still enjoying energy bill savings and solar incentives. However, you’ll pay more in total due to accruing interest. Solar leases let you rent your panels for a set monthly rate, while PPAs let you pay just for the energy you use, similar to an electric bill. Both options disqualify you for solar incentives and do not provide you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Ask each provider you're evaluating about the payment options it offers. A team member can help you determine the optimal option for your budget.
The table below lists the average payback periods for different capacities of solar systems in Centreville.
You are eligible for a 26% federal tax credit for new solar energy devices until the year 2032. City and state officials and utility companies might also offer rebates, discounts, and specialized financing options that could save you more.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Centreville
How much energy and money could I save per year by switching to solar?
Is solar energy easily accessible in Centreville?
Will solar panels raise my Centreville home worth?
Could I still use solar power if I live in a rainy, dark, or wooded area?
What upkeep do my solar panels need, and how frequently do they need it?
What's the average solar system size in Centreville?
What's the difference between a PPA and traditional financing?
In contrast, solar loans can come from installer, local banks, the government and specialty lenders. You'll need to pass a credit check to qualify for most of them. While the upfront costs are larger, and you'll be responsible for taking care of the system, you'll also have full ownership rights and can apply for many more benefits.
How many estimates should I get before making a final solar company decision?
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