Facebook Twitter Instagram Youtube Linkedin
(919) 948-6474

Virginia's Solar Tax Incentives
 The Solar Friendly State

Residential and Commercial SREC's
(Solar Renewable Energy Credits) in Virginia

Free Virtual Consultation

Everything you need to know about solar power incentives, tax credits, and rebates in Virginia

Get Your FREE Quote
Residential Home with Solar Panels on Roof

Virginia Solar Programs, Rebates & Incentives

Dominion Energy offers incentives like tax credits and rebates to make solar energy more affordable for you. If you own a home in Virginia and want to cut your electricity costs, you can take advantage of numerous state and federal incentives to lower the cost of installing solar panels, leading to quicker investment returns. 

Save on Solar Today

These incentives may not last long - switch to solar energy today

Save big with a
solar incentive program

Besides the benefits of lower electricity bills, you can save even more by applying for federal, state and local tax rebates that offset the cost of your solar panel installation. .

Residential Solar Tax Credits Icon

Virginia Solar Tax Credit options

Net Metering

Net Metering

By participating in net metering, you earn credits on your electricity bill for any surplus solar electricity your system exports back to the grid. Whenever your solar panels produce less electricity than you need, you can use these credits to cover the difference. This system encourages using less electricity and ensures that any surplus clean energy benefits the grid.

VirginiaSAVES Green Community Loan Program

VirginiaSAVES Green

This initiative offers low-cost loans for energy efficiency and renewable energy projects to commercial/industrial entities, non-profits, and local governments in Virginia.

Federal Tax Credits

Federal Tax Credits

If you invest in a residential solar installation, you can receive 30% of your bill back come tax time. For example, if the total cost of your PV system is $24,000, then you owe $7,200 less on your federal taxes

solar shingle installation

Interconnection Standards

Interconnection standards ensure that solar photovoltaic systems can safely connect to the grid. Virginia is ahead with clear standards that streamline the solar installation process, avoiding the delays and extra costs seen in states without these guidelines.

Virginia has two sets of interconnection standards: one for net-metered and one for non-net metered systems. For residential solar, the net-metered regulations, applicable to systems up to 20kW, are most relevant. These rules guarantee safe grid connection and compliance with national safety and equipment standards.

Before installing solar panels, customers must get approval from their electric distribution company and energy service provider. 8MSolar simplifies this process for its residential solar customers, managing all necessary approvals.

Save on Solar

Virginia SREC & Tax Incentive options

Solar Rights in Virginia

Solar Rights in Virginia

Virginia’s community associations generally cannot block homeowners from installing solar energy devices. They can, however, set reasonable restrictions on the placement and size of these devices and limit installations in common areas.

Solar Easements

Solar Easements

The Virginia Solar Easements Act of 1978 enables property owners to establish solar easements, ensuring unobstructed access to sunlight for their solar devices.

Virginia Solar Tax Exemptions

Virginia Solar Tax Exemptions

Installing solar panels can raise your home’s value without necessarily increasing your property taxes, thanks to Virginia laws allowing localities to exempt solar improvements from property taxes. Contact 8MSolar to find out if your area offers such exemptions and consider advocating for them if they don’t.

Local Tax Exemptions for Renewable Energy

Local Tax Exemptions

Virginia allows local governments to apply different property tax rates to renewable energy machinery, ensuring they’re not taxed more heavily than other equipment. Residential solar equipment may also be eligible for tax exemptions, encouraging homeowners to invest in solar energy.

Commercial Solar Tax Benefits

Commercial Solar Tax Benefits

Certified commercial solar facilities under 20 MW enjoy exemptions from state and local taxes, excluding the land value.

How you benefit from
solar energy incentive programs

Energy incentive programs give you unique opportunities to benefit from embracing clean energy solutions. And with the Inflation Reduction Act investing in making it easier for homeowners to afford solar power, now truly is the time to future-proof your home with solar energy.

Benefits for residential energy customers

Here are a few advantages energy incentive programs offer residential customers in Virginia

  • Make solar installation affordable
  • Upgrade your electricity system
  • Save money over time
  • Minimize carbon footprint
  • Raise your home’s resale value
  • Have power during emergencies
  • Boost your local economy

Frequently asked QUESTIONS

As of January 1, 2023, all residential and agricultural solar panel systems in Virginia will be exempt from local and state taxes.

Federal Rebates

Right now the main incentive available is the 30% Federal Tax Credit which was restored in 2022 with the signing of the Inflation Reduction Act. This 30% tax credit will run until 2032 when it is set to decrease to 26%.

State Rebates

There are no Virginia solar rebates. However, there are many solar incentives provided to maximize the return on investment for solar customers. 8MSolar will help check if you qualify for incentives and assist you in the application process.

Getting tax credit for your solar panel installation is pretty straightforward. Hold onto all your receipts, invoices, and documentation related to your solar panel project and use them to file for a massive 30% tax credit during tax season.

In most cases, the residential solar energy credit isn’t refundable. That means you can only reduce your tax credit to $0.00. So if you have $100 left over, this will be carried forward to the following year.

Virginia does not have a state solar tax credit as some other states do. However, the federal solar tax credit is available to all homeowners throughout Virginia. 

Want to know what
solar power incentives apply to you?

Get Started Today

Why we are the #1 solar panel company

5

440 Google Reviews

Working with 8M Solar was awesome. Extremely professional and squared away. They did not try to add gimmicks or unnecessary complications regarding financing to the solar project. The financing was easy to do and I good a great rate on my loan. They did an accurate assessment of my electricity needs with projections for future electricity requirements when I purchased an electric vehicle. Their projected kilowatt energy production of my solar panels was extremely accurate. My project was 13-panels, Tesla Power Wall and 240V EV charger. The quoted price was accurate from the start of the contract until completion. There were no hidden fees or financial surprises. Installation went great, it was done in a day and with the Duke Energy approvals I was up and running within a week after installation. Lastly, they provided a veterans discount which gave me one panel for free. Simply an excellent group to work with. 8M Solar rocks!
Peter Clemens
Peter Clemens
a month ago
I’ve got my solar installation done from 8MSolar. Signed for the project in June & installation was complete by September 2025. They were prompt in all their communications, setting expectations & all the due diligence in getting all the approvals. I recommend them for any of your Solar Project needs.
Venu Amudala
Venu Amudala
in the last week
BLUF: Great Experience. Excellent Installation. Highly Recommend 8MSolar and will absolutely go with them again for any future needs. The sales process was transparent, the proposal well thought out, and pricing very fair. Exceptionally professional…no gotchas, nothing hidden, exactly as expected. We needed a new roof and HOA architectural approval; both added time to the project. All in all it took us 5 months from quote to receiving final “permission to operate” from the power company. The actual system installation was completed in one day and the install team (who were great) did everything possible to minimize disruption and noise. The final workmanship is exceptional. Throughout our project 8M remained engaged, responsive, and communicative and we couldn’t have asked for better service. From quote to completion the 8M team was awesome.
M. McKay
M. McKay
a week ago
8MSolar was a 5 star pick for our solar installation. 1) Friendly and genuine, 2) they answered all of my questions, no matter how redundant or obvious, 3) they worked with me to design a system that was specific to our needs - not too much, not too little, 4) they walk through each step of the process with clear instructions on what to expect, what to fill out, when they were coming and how to prepare for the permits, inspections and more ,5) they handled all the paperwork work, forms, inspections, permits and etc. If there were any that I needed to submit, they provided the form and instructions on what to do, 6) install was quick and well done - and in 1 day, and 7) they followed up to make sure everything was to our expectation, tested and that we knew how to operating/monitor it. While they do not finance themselves, the credit union they work with was just as easy, reasonable rates and options to adjust 3x and no penalties to pay off early.
Joseph O'Donnell
Joseph O'Donnell
2 months ago
I had a great experience working with 8M Solar for my solar installation. Right from the sales and design phase through installation and post-installation support, the entire process was handled very professionally. At every step, there was clear communication, timely updates, and helpful guidance, which made the experience smooth and stress-free. The team was knowledgeable, responsive, and ensured that everything was completed as planned. I’m very happy with the overall service and would highly recommend 8M Solar to anyone considering going solar!
Sridhar Parvathala
Sridhar Parvathala
in the last week

FREE Virtual Consultation

Attention: With the 30% tax credit expiring after this year, it is highly recommended you book a time slot for a virtual meeting and/or call; so that one of our consultants can contact you at your preferred day/time.