Going Solar Virginia Has Advantages 

If you’re a solar customer in Virginia, you have many solar discounts and incentives possible to reduce your solar installation expenses:

Dominion Power PPA

If you are a client in Dominion Power’s service territory in Virginia, you can employ to sell your solar power through the Solar Purchase Program. With the Solar Purchase Program, you become a generator of electricity and sell every kilowatt-hour (kWh) your solar panels generate to the utility, which pays you $0.15/kWh. This program is an option to net metering, which means you can’t partake in both programs.

TVA Green Power 

Become an electricity generator by joining in TVA’s Green Power Providers program. You can sell your power to TVA and receive a premium payment (over what you would pay for power) for the first five years that you join in the Green Power Providers program, putting more money in your pocket and reducing your solar panel payback period.

Net Metering 

When you contract for net metering, you get credits on your power bill for every extra kilowatt-hour of solar electricity that you transfer back to the grid. When you need more power than your solar panels are generating, you can use your net metering credits to make up the discrepancy – helping you to balance out your electricity production and use. Dominion Energy allows the top utility net metering program in Virginia.

Federal Solar Tax Credit (ITC)

Without a dilemma, the federal solar tax credit, also indicated as the Investment Tax Credit, is one of the best incentives available for property owners in Virginia. With the ITC, you can deduct 30 percent of the cost of your solar equipment from your taxes – that means significant savings on your solar installation.

Property Tax Exemption

All of the benefits of solar mean that installing a solar energy system on your home can enhance your property value. That’s great news for homeowners who want to sell their property, but what about the impact of higher home price on your property taxes? Virginia has a bill stating that solar energy equipment is exempt from local property taxes, so the additional value your solar panels bring won’t mean extra taxes for you to pay.

Curious about solar hard costs vs. soft costs in Virginia or any other state, and how that might affect your own solar panel pricing?  We here at HahaSmart you will have a look at what we can offer you on the cost of solar panels and cost of solar installations.  We will strive to find you the best prices available.  Follow the solar experts. Try our price checker tool. It tells you how much solar power you need and how much you can save on your energy bills each month. Please visit our solar blog to find out more about the benefits of going solar