Cost & Savings Breakdown
Based on $150/month electric bill in Roanoke
System Size
8.8 kW
Annual Production
11,774 kWh
Gross System Cost
$25,859
Federal Tax Credit (30%)
-$7,758
State Incentive
-$500
Net Cost
$17,601
Monthly Savings
$122
CO₂ Offset/yr
10,832 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityAppalachian Power
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.124/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 Roanoke?
Solar in Roanoke, Virginia costs approximately $25,859 for a 8.8 kW system. After the 30% federal tax credit, your net cost is about $17,601.
What is the solar payback period in Roanoke?
The estimated payback period for solar in Roanoke is 12.1 years, based on a $150/month electric bill and local sun hours of 4.6 hrs/day.
Does Appalachian Power offer net metering?
Appalachian Power offers Full Retail net metering. Full retail rate.