Benefits of Solar Energy
Solar energy offers multiple benefits. Here are some highlights.
- Reduced carbon footprint: The sun is the universe's most abundant clean energy source, meaning you can lower or beat your home's dependence on non-renewable sources.
- Better energy independence: Solar energy can keep your home running through emergencies and blackouts, giving you additional security. You can use your solar energy anytime with optional battery storage.
- Reduced energy costs: Producing some or all of your own energy will cut power costs long-term.
What Solar Incentives Are Available to Newport News Homeowners?
The state of Virginia offers a number of solar incentives to help cut your solar system costs. Check out a breakdown of applicable solar programs where you live.
Incentive Type: Personal Tax Deduction
Incentive Amount:
20% of the sales tax paid by an individual
Incentive Type: Property Tax Incentive
Website: law.lis.virginia.govIncentive Amount:
Depends on the local governing body
Incentive Type: Property Tax Incentive
Website: dmme.virginia.govIncentive Amount:
Varies (local option)
Incentive Type: Personal Tax Credit
Website: ecowatch.comIncentive Amount:
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 Newport News
Choosing a company is the first step toward an effective and cost-efficient solar array. Make your choice based on the following essential elements.
The style of solar panels you purchase decides how much electricity you can generate. Monocrystalline panels cost more than other options, but they generate the most power. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.
If you'd like to charge an electric car or use your solar power in inclement weather, you'll usually pay extra for accessories. These upgrades extend your system's efficiency while adding more conveniences to your home. Not all solar installers include these additional features, so look for a contractor that has them if it's essential for you.
Licensing and Training
Since 2012, Virginia's Department of Professional and Occupational Regulation has issued Alternative Energy Systems (AES) licenses to contractors installing solar photovoltaic systems. A contractor with an AES license may need to subcontract electrical, HVAC or plumbing work. Look for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar sector's most reputed trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.
Financing Options
There are many ways to pay for new solar panels, and the right one will minimize your overhead. A few of the most common options include loans, power purchase agreements (PPAs), leases, and cash payments. Though it involves a large up-front payment, cash is the most cost-effective choice because it qualifies you for solar incentives and doesn't accrue interest. Solar loans are the next best option. As with a home or auto loan, you'll pay a monthly rate towards system ownership, including interest. You can still apply for money-saving solar incentives, and depending on your lender, you could put as little as $0 down. Solar leases involve paying a set monthly rate to use rooftop panels. A PPA (Power Purchase Agreement) lets you pay a monthly rate determined by the energy you use, like an electric bill. We usually don't recommend these two options because you won't own the system and cannot use solar incentives. Ask each installer you're evaluating about the payment options it offers. A salesperson can help you determine the optimal option for your budget.
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Newport News Solar FAQ
How much money could I save by going solar in Newport News?
Most Newport News homeowners spend about $1,448 on energy each year. Your costs could drop by $984.49 for each kilowatt you generate after you pay off a solar array.
Is solar energy readily available in Newport News?
Yes, solar energy is readily available in Newport News. About 9,602 homes in the local area generate or access solar power, and Virginia has about 4,489 jobs making up its solar economy.
Should I anticipate a boost in my property value after switching to solar energy?
Yes, new solar systems mean higher property values according to the National Renewable Energy Laboratory (NREL.) Homeowners could project a $20 property value increase for each dollar they save on energy. Therefore, $600 in energy savings could increase your home's value by $12,000.
What if I live in a heavily-wooded or rainy
A solar system could still work in dark areas. Your installer will orient your panels to absorb the most sunlight possible. They might also recommend a back-up power source to keep your system working at its best.
How can I assess my property's solar suitability?
To determine your home's solar readiness, there's no substitute for a comprehensive quote from a local solar installer. However, you can use the PVWatts tool for a simple solar viability prediction based on public data, including system size, local weather and topography, panel efficiency, and tree cover.
What's the average solar system size in Newport News?
A typical Newport News solar home utilizes a 7.3-kW panel array, but you might need a bigger system if your energy needs are more demanding. Solar experts will evaluate your property's power usage and roof shading to recommend the right system for you.
How does "net metering" work, and do I need to participate?
Net metering is a method that credits solar homeowners for any excess electricity they generate and feed back to the grid.
Some states or utilities require you to participate in net metering when purchasing your solar system, while others give you a choice. Either way, once you join, you'll earn a check or bill credit for your excess generation at a retail or wholesale rate.
Should I get quotes from multiple Newport News solar companies?
It's prudent to obtain three or more estimates before committing to a single solar installer. This lets you evaluate pricing, product quality, warranty options, and customer feedback. It also helps you gauge a provider's reliability, knowledge and responsiveness, all of which are positive signs.
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