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Virginia Solar Incentives (2026)

Virginia homeowners qualify for the 30% federal solar tax credit. Net metering policy: Full Net Metering. Average payback period: 10 years.

30%

Federal ITC

None

State Tax Credit

None

State Rebate

Full Net Metering

Net Metering

Federal Solar Incentives (Available in Virginia)

Federal Solar Investment Tax Credit (ITC)

Tax Credit

30% of system cost

The federal ITC allows homeowners to deduct 30% of solar installation costs from federal taxes. Available for systems installed through 2032, stepping down to 26% in 2033 and 22% in 2034.

Expires: 2034-12-31

Virginia-Specific Solar Incentives

Virginia Solar Property Tax Exemption

Tax Credit

Exempt from property tax

Virginia exempts solar installations from local property tax assessment.

Virginia Solar Overview

Peak Sun Hours

4.3 hrs/day

Avg Payback Period

10 years

20-Year Savings

$31,200

Electricity Rate

14.64¢/kWh

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Data verified March 2026 · Source: DSIRE, NREL, EIA