Is solar power worth it in west virginia

Are solar panels worth it in West Virginia?

Solar panels are worth it in West Virginia as they offer a good return on investment. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof, impact how quickly you break even on your investment in West Virginia relative to other areas around the U.S.

How can I reduce the cost of solar in West Virginia?

You can minimize the cost of installing solar panels in West Virginia by taking advantage of incentives and rebates and shopping around for quotes. As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in West Virginia.

Does West Virginia have solar power?

The state has incorporated more hydroelectric power and wind energy production but has room for solar energy growth. Solar power helps reduce your carbon footprint and has less environmental impact than coal. It also lowers energy costs, providing long-term savings for West Virginia homeowners.

What incentives are available for solar panels in West Virginia?

Residents of West Virginia can benefit from several federal and local solar incentives, making solar energy systems more accessible and financially viable. One of the most significant incentives for solar panel installation in the U.S. is the Investment Tax Credit (ITC).

How much does a solar system cost in West Virginia?

Expect to pay an average of $29,040 for an 11-KW solar energy system that covers the electric needs of an average West Virginia resident. The 30% federal tax credit significantly lowers this average initial cost to $21,175 for an 11-KW PV system. The average size of the PV system installed in West Virginia is 9.7 KW.

Does West Virginia offer a solar tax credit?

West Virginia residents can take advantage of the federal tax credit for solar installations. You can apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year.