Cost of Solar Panels In Washington DC
Updated September 18, 2024 | 11 min read
Washington DC is rapidly emerging as a hotspot for solar energy in the US! With plenty of sunshine and progressive financial benefits, more than 35,000+ homes and businesses in the capital have already adopted solar power.
What is the cost of solar panels in DC? Dive into the comprehensive breakdown of solar panel expenses in Washington DC below, or get a personalized solar quote for your residence in no time!
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How Much Do Solar Panels Cost In Washington DC?
The most recent solar industry data shows that the cost of solar panels in Washington DC is ranges between $10,000 - $15,000, depending on the size of your home and energy needs.
Given the average home size in Washington DC is around 2,200 sq ft., the average cost of solar panels in Washington DC is around $12,115 before utilizing any Washington DC solar incentives.
Here is the complete cost breakdown of solar panel systems in Washington DC, by home size.
Home Size (sq ft) |
System Size |
Average Costs |
|---|---|---|
| 1,500 - 1,750 | 3 kW | $8,788 |
| 1,750 - 2,000 | 4 kW | $10,212 |
| 2,000 - 2,300 | 5 kW | $12,115 |
| 2,300 - 2,500 | 6 kW | $14,908 |
| 2,500 - 2,800 | 7 kW | $17,439 |
| 2,800 - 3,000 | 8 kW | $19,102 |
** It's important to note that these costs DO NOT include the thousands you can save by utilizing your Washington DC Solar Incentives. See which solar financial incentives you qualify for by entering your zip code below!
Enter your zip code to see which Washington DC Solar Incentives your qualify for!
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Factors That Influence The Costs of Solar in Washington DC
Embracing solar energy in Washington DC is a smart move for many homeowners. It can drastically cut down on monthly energy bills and support a cleaner environment. The price of solar panel installation in DC is determined by a few main factors: your home's energy needs, the type of solar panels you select, and optional add-ons like solar batteries or extra panels.
While initial costs might vary, DC homeowners stand to benefit greatly. Many who go solar report seeing a 40% - 60% drop in electric bills, and in many cases, the solar setup can pay for itself in less than ten years!
For more precise estimates tailored to their specific needs, utilizing the solar panel Washington DC Calculator can be incredibly beneficial. These online tools factor in various details such as your home's size, energy consumption, and available sunlight to provide a more accurate projection of solar panel costs and potential savings.
Installation & Labor Costs
Going solar in Washington DC isn't just about the panels. There are other costs to consider, such as installation, obtaining permits, and getting the necessary inspections to ensure everything's in order. Together, these can make up about 10% to 20% of the total investment, a significant part of the overall cost.
The good news? There are strategies to cut down your upfront costs for solar in Washington DC. For more information, check our guide on how to get solar panels installed at reduced or no cost in DC!
Equipment Costs
When we talk about the equipment costs in DC, a major portion (around 60-70%) goes towards the main components: the solar panels, inverters, and mounting hardware. These key pieces work together to consistently supply your home with green, renewable energy for many years.
Solar Taxes
If you're considering solar panels in Washington DC, remember to account for possible sales tax when buying and any potential property tax implications due to increased home value.
But there's a bright side. Washington DC offers tax breaks for residents transitioning to solar, helping to lessen the financial burden. To learn more about these solar tax breaks in DC, enter your zip code below!
Enter your zip code to see which DC Solar Incentives your home qualifies for!
Do I Qualify?
Please enter a zip code
How to Reduce The Costs of Solar Panels in Washington DC
Fantastic news for Washington DC residents: The nation's capital is filled with financial opportunities for those ready to transition to solar energy. Driven by a commitment to increase its sustainable energy sources, DC offers numerous incentives that can lead to substantial savings.
Curious about the solar incentives you might be eligible for? Request a solar incentive report from the knowledgeable team at EcoGen America. They'll walk you through the available solar rebates, guide you on how to apply them, and provide insights on what a custom solar panel system could cost for your property.
ROI on Solar | Solar Payback Period
Wondering about the time frame for solar panels to cover their costs in DC? It might be shorter than you think! Taking into account DC's electricity rates and the city's attractive solar incentives, many homeowners witness a return on their investment within just 7-9 years. Beyond this period, your solar savings essentially become pure profit, emphasizing the value and appeal of solar panels in DC.
Solar Financing Options
Wary of the upfront costs of solar? There's no reason to be. Thanks to solar financing avenues like power purchase agreements (PPAs) and a range of solar loans, going solar in DC has never been more financially accessible. Opting for a PPA or a solar-focused loan means you can begin reaping the benefits of solar without any initial heavy spending.
Want to delve deeper into how you can acquire solar with minimal or no upfront costs? Check out our detailed guide on "How to Get Free Solar Panels in Washington DC."
Washington DC Solar Incentives
Washington DC stands out when it comes to solar incentives. Residents can benefit from a significant federal solar tax credit, avoid extra taxes on the increased property value, and dodge taxes when purchasing solar equipment. Additionally, programs specific to DC reward homeowners based on the energy production of their solar systems. All these perks make shifting to solar in DC a wise and lucrative choice.
Discover the full list of Washington DC Solar Incentives right here!
Switching to solar in Washington DC is more affordable than it might appear at first glance. With the city's robust solar incentives and a variety of financing options, you're well on your way to join the renewable energy community and harness the sun's power, all while securing significant savings!
Enter your zip code below to see which Solar Incentives you qualify for!
Do I Qualify?
Please enter a zip code
Are Solar Panels Worth it in Washington DC?
Absolutely! Solar panels are a savvy investment for homeowners in Washington DC. They not only enable you to save considerably on your monthly electricity bills but also champion a greener, more sustainable energy future for the nation's capital. With the city's supportive stance, offering attractive incentives and tax benefits, many DC residents find that their solar installations pay for themselves in just 7-9 years. Once that period's over, your solar panels continue generating energy, translating to savings for another 20-30 years, or even longer.
Read Also: Is Solar Worth it in Washington DC?
Keen to explore further? It's simple! In no time at all, you can secure a free solar panel quote tailored for your residence. This estimate will outline how solar could benefit your home, the special incentives you might be eligible for, and the potential savings you could enjoy. All this insight is available without any commitment to purchase. Discover why so many in Washington DC are singing the praises of solar energy!
Make the switch to solar and start saving in Washington DC!
Contact our team of local energy consultants and see how much you can save with solar in Washington DC!
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- All quotes are 100% free with no obligation.
Why Trust EcoGen?
At EcoGen America, we take pride in the credibility of our information and ensure its accuracy by cross-referencing our data with esteemed institutions such as the U.S. Department of Energy (DOE), the Solar Energy Industries Association (SEIA), and the National Renewable Energy Laboratory (NREL). Our rigorous validation process underscores our commitment to delivering trustworthy and up-to-date solar content with editorial integrity. Our partners do not direct our editorial content. Learn more
Want to see how much you could save with solar in Washington DC?
Use our Free Solar Savings Calculator to see your potential savings by switching to solar.