Solar Panel ROI in 23060

Glen Allen, Virginia — Is solar worth it here? Here's what the data says.

1.9x ROI Score
13.1 yrs Payback Period
$1,086/yr Annual Savings
$27,150 25-Year Savings

Your savings estimate

$ /mo bill
Annual savings $1,086
·
Payback 13.1 yrs
·
25-yr savings $27,150

Solar Calculator for 23060 (Glen Allen)

Adjust values to see your personalized solar ROI estimate for Glen Allen, Virginia.

kW
$
$ /kWh
4.77 kWh/m²/day
Based on NREL data for Glen Allen, VA
ROI Score 1.9x
Annual Production 8,357 kWh
Annual Savings $1,086
Payback Period 13.1 years
25-Year Savings $27,150
After 30% ITC $9,940

Solar Data for 23060 – Glen Allen, VA

Solar Irradiance 4.77 kWh/m²/day -3.8% vs national avg
vs Virginia Avg -0.2% State avg: 4.95 kWh/m²/day
Electricity Rate $0.130/kWh Virginia average rate
Annual Production 8,357 kWh 6kW system estimate

Glen Allen receives 4.77 kWh/m²/day (3.8% below national avg). Despite $0.130/kWh electricity, the 13.1-year payback reflects regional challenges. The 30% federal ITC and state programs can significantly improve the ROI.

Solar Incentives for Glen Allen, Virginia

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $14,200 system, that's $4,260 back.

Net Metering

Most Virginia utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

Virginia State Programs

Check with the Virginia energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Glen Allen.

23060 vs Virginia Average

Solar Irradiance
23060: 4.77 VA avg: 4.95
Payback Period
23060: 13.1 yrs VA avg: 13.5 yrs
Annual Savings
23060: $1,086 VA avg: $1,054
25-Year Savings
23060: $27,150 VA avg: $26,350

See the full Virginia solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

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