Is solar worth it in 23225 (Richmond, VA)?

With an average payback period of 13 years and 25-year savings of $27,225, solar panels in Richmond, Virginia can be worthwhile with available incentives.

How much do solar panels cost in 23225?

The average cost of a 6kW residential solar system in Richmond, Virginia is $14,200 before incentives. The federal 30% Investment Tax Credit reduces this to about $9,940.

How much solar electricity does 23225 get?

Richmond receives 4.78 kWh/m²/day of solar irradiance. A 6kW system in zip code 23225 produces approximately 8,375 kWh per year.

Solar Panel ROI in 23225

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

1.9x ROI Score

13 yrs Payback Period

$1,089/yr Annual Savings

$27,225 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,089

Payback 13 yrs

25-yr savings $27,225

Solar Calculator for 23225 (Richmond)

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

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

4.78 kWh/m²/day

Based on NREL data for Richmond, VA

ROI Score 1.9x

Annual Production 8,375 kWh

Annual Savings $1,089

Payback Period 13 years

25-Year Savings $27,225

After 30% ITC $9,940

Solar Data for 23225 – Richmond, VA

Solar Irradiance 4.78 kWh/m²/day -3.6% vs national avg

vs Virginia Avg +0% State avg: 4.95 kWh/m²/day

Electricity Rate $0.130/kWh Virginia average rate

Annual Production 8,375 kWh 6kW system estimate

Richmond's 4.78 kWh/m²/day is 3.6% below the national average. At $0.130/kWh, the 13-year payback is moderate. Tax credits and incentives can shorten it meaningfully.

Solar Incentives for Richmond, 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.

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Net Metering

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

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Virginia State Programs

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

23225 vs Virginia Average

Solar Irradiance

23225: 4.78 VA avg: 4.95

Payback Period

23225: 13 yrs VA avg: 13.5 yrs

Annual Savings

23225: $1,089 VA avg: $1,054

25-Year Savings

23225: $27,225 VA avg: $26,350

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

Nearby Zip Codes — Solar Comparison

23220 Richmond, VA 1.9x ROI 13 yr payback 23060 Glen Allen, VA 1.9x ROI 13.1 yr payback 22001 Nokesville, VA 1.9x ROI 13.2 yr payback 22150 Springfield, VA 1.9x ROI 13.2 yr payback 22314 Alexandria, VA 1.9x ROI 13.2 yr payback