Solarize Piedmont 2017 runs from March 15th through April 30th.
Solarize Piedmont is run by the Local Energy Alliance Program (LEAP) in partnership with the Northern Virginia Regional Commission (NVRC) and the Piedmont Environmental Council (PEC).
Service area includes Albemarle, Clarke, Culpeper, Fauquier, Greene, Loudoun, Madison, Orange and Rappahannock Counties.
Through a comprehensive and competitive bidding process, we selected two qualified local solar contractors for the campaign – to be assigned randomly to participants. After a detailed review of your property and your goals, your contractor will provide a proposal for turnkey services including site visits, permits, materials, installation, and commissioning. From start to finish, the whole process usually takes a few months.
How much will it cost?
|Price per watt ($/W)|
|Roof Mount||Ground Mount|
|Standard Panel + string Inverter or microinverter/DC optimizer||2.50||2.45||2.40||2.70||2.65|
|Buy America Compliant Panel + string Inverter or microinverter/DC optimizer||2.85||2.80||2.75||3.00||2.95|
In addition to Solarize discounts, Solarize Piedmont installars will help participants access a 30% federal tax credit, affordable financing, and navigate the Solar Renewable Energy Credit (SREC) market.
All of this combined may make it possible for participants to finance their installations with monthly payments similar (or even less) than regular utility payments. Below is a table demonstrating an approximate pricing structure. It includes common system sizes and sample financing breakdowns.
It is important to note that individual system performance will vary and, depending on your home’s energy use, may only offset a percentage of your home’s electricity use.
|System Size by Kilowatt (kW) for Base Panels||3 kW||6 kW|
|Solarize Rate per Watt||$2.50||$2.45|
|Cost Before Federal Tax Credit||$7,500||$14,700|
|Total Cost After Federal Tax Credit (30%)||$5,250||$10,290|
|Monthly Loan Payment (Financing cost after tax credit over 15 yrs.)||$44||$87|
|Estimated Monthly Savings (Electricity + SRECs)||$37||$75|
|Estimated Net Monthly Cost (Financing cost after tax credit and monthly savings over 15 yrs.)||$7||$12|