Cost & Savings Breakdown
Based on $150/month electric bill in Hampton
System Size
7.9 kW
Annual Production
10,580 kWh
Gross System Cost
$23,236
Federal Tax Credit (30%)
-$6,971
State Incentive
-$500
Net Cost
$15,765
Monthly Savings
$122
CO₂ Offset/yr
9,733 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityDominion Energy VA
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.138/kWh
Peak Sun Hours4.6 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
Virginia State Incentive — Virginia offers a sales tax exemption on solar equipment.
Common Questions
How much does solar cost in Hampton?
Solar in Hampton, Virginia costs approximately $23,236 for a 7.9 kW system. After the 30% federal tax credit, your net cost is about $15,765.
What is the solar payback period in Hampton?
The estimated payback period for solar in Hampton is 10.8 years, based on a $150/month electric bill and local sun hours of 4.6 hrs/day.
Does Dominion Energy VA offer net metering?
Dominion Energy VA offers Full Retail net metering. Full retail rate.