Richmond · VA
Solar Companies in
Richmond, VA
Richmond homeowners pay $14,500–$21,000 for a typical 8 kW solar system in 2026. The federal 30% residential tax credit expired December 31, 2025; Virginia's property tax and sales tax exemptions remain active. At Dominion Energy Virginia's rate of $0.142/kWh, most systems pay back in 11–16 years.
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4.6 hrs/day
Peak Sun Hours
$1,240/yr
Avg. Annual Savings
11–16 yrs
Payback Period
$14,500–$21,000
Avg. System Cost
2026 update: The 30% federal residential solar tax credit (Section 25D) expired December 31, 2025. Homeowners purchasing systems in 2026 cannot claim it. Solar leases and PPAs are the exception — the installer can still claim commercial credits and pass savings through in the monthly rate. Full 2026 ITC guide →
About Solar in Richmond
Why Richmond Homeowners Are Going Solar in 2026
Dominion Energy Virginia rates have increased steadily, averaging 3–5% annually. Richmond's 4.6 peak sun hours per day is solid for the mid-Atlantic region. Virginia's growing solar market means more installers and competitive pricing — get multiple quotes.
Key solar facts for Richmond
- 4.6 peak sun hours per day
- Dominion Energy Virginia average rate: $0.142/kWh
- Average monthly bill: $138
- Popular system size: 8 kW
- Permit timeline: Richmond City solar permits typically take 2–4 weeks. Henrico and Chesterfield counties have streamlined permitting; HOA approval (if applicable) can add 2–6 weeks.
Active Incentives
Richmond Solar Incentives in 2026
Virginia Net Metering
Net MeteringDominion Energy Virginia credits excess solar generation at the retail rate under Virginia net metering law. Residential customers with systems up to 20 kW qualify. Annual true-up: unused credits are carried forward but do not pay out as cash.
Value: Retail rate credit
Virginia Property Tax Exemption
Property TaxSolar energy equipment is exempt from Virginia local property taxes. Individual localities may offer additional exemptions — check with your county assessor.
Value: 100% exemption on added value
Virginia Sales Tax Exemption
Sales TaxResidential solar energy equipment is exempt from Virginia's 5.3% state sales tax, saving $770–$1,110 on a typical installation.
Value: 5.3% sales tax savings
Dominion Energy Solar Buyback
Utility ProgramDominion Energy Solar Purchase Program allows residential solar customers to sell excess generation back to the utility at a fixed rate. Enrollment is limited — check current availability with your installer.
Value: Fixed buyback rate for excess generation
Net Metering in Richmond
Dominion Energy Virginia credits excess solar generation at the retail rate. Credits roll forward monthly; unused annual credits do not pay out as cash. Systems must be 20 kW or smaller to qualify for residential net metering.
Solar Leases & PPAs in Richmond
Solar leases and PPAs are available in Richmond through national installers operating in Virginia. Dominion territory has strong TPO adoption — $0 down options are common, with monthly rates typically 10–15% below current Dominion bills.
How much does solar cost in Richmond?
Detailed cost breakdown, financing options, and payback analysis for Richmond homeowners.
Want national solar cost data? How Much Do Solar Panels Cost in 2026? →
Common Questions
Richmond Solar FAQ
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Richmond Solar at a Glance
Solar Installers Serving Richmond and Surrounding Areas
Our network of pre-vetted solar installers serves Richmond and these nearby communities:
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