Cost & Savings Breakdown
Based on $150/month electric bill in Norfolk
System Size
7.1 kW
Annual Production
9,799 kWh
Gross System Cost
$21,062
Federal Tax Credit (30%)
-$6,319
State Incentive
-$500
Net Cost
$14,244
Monthly Savings
$122
CO₂ Offset/yr
9,015 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$0.149/kWh
Peak Sun Hours4.7 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 Norfolk?
Solar in Norfolk, Virginia costs approximately $21,062 for a 7.1 kW system. After the 30% federal tax credit, your net cost is about $14,244.
What is the solar payback period in Norfolk?
The estimated payback period for solar in Norfolk is 9.8 years, based on a $150/month electric bill and local sun hours of 4.7 hrs/day.
Does Dominion Energy VA offer net metering?
Dominion Energy VA offers Full Retail net metering. Full retail rate.