Virginia's Solar Tax Incentives
The Solar Friendly State

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

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

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. 

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.

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

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?

Why we are the #1 solar panel company

Last summer after purchasing a house in NC, I looked into getting a solar energy system with a battery backup. Quickly realized that the Tesla Powerwall 3 would be the best fit for my needs, so then looked into a good installer. Checked out a few, and 8MSolar stood out at the top with the best price for the Tesla Powerwall 3 as well as solar panels from Canadian Solar. I also needed a new main breaker panel as well as a new sub panel, and 8Msolar quoted for that as well with a highly competitive price. On the strength of the competitive pricing, good outreach, and numerous good reviews, I went with 8M. This was a large and complex installation (in my opinion), which ultimately included 2 Powerwall 3's, 2 additional Tesla battery expansion units, about 11kW of panels, a new 200 amp main panel, and a new 200 amp sub panel in the garage. The job took 2 days, however the team was large, worked hard, and honestly it was a massive undertaking with all the new solar circuits as well as a new 200 amp feed from the main panel to the sub panel. The quality of installation was superb, the conduits were run perfectly in alignment with clean bends, all the battery units aligned perfectly, and wiring inside the new panels was some of the best I have seen - perfectly straight with clean 90 degree bends into the breakers. These are things that are kind of behind the scene and maybe nitpicky and many may not care about but I do, and it is a demonstration of a quality ethic that extended through the entire job. The paperwork with the utility and county was all handled by 8M, and the system has been up and running for about 8 months now. I later added a Tesla Universal Wall Connector into the system and everything integrates seamlessly into the Tesla app which itself has great control capability. We have already experienced one power outage that put our home off grid and we maintained full AC, lights, and home function while the rest of the street was dark - and hot - and from my perspective the system paid for itself then and there. The only things I would perhaps have changed if I could would have been to add more panels and another battery expansion unit (or 2) to give us more off grid capability for power outages, and establish a separate circuit for the Universal Wall Connector that was outside of the Gateway so that there would not be battery drawdown when charging an EV. But that would have made the installation even more complicated and I didn't think about it until later. I should also mention that I had my system set up with the 64 amp per Powerwall setting - it requires a larger size wire and some other small changes but well worth it imo to have 128 amp output potential (if there is adequate solar). I also had 8M install the "critter guard" mesh screens, they did a super neat and clean installation for this, far better than I could have done myself after the fact and it keeps all the leaves and other junk away. Highly recommend 8MSolar, Tesla Powerwall, and Canadian Solar panels.
I had an excellent experience with 8M Solar from start to finish. The entire team was professional, knowledgeable, and responsive throughout the installation process. They took the time to explain every step, answer all my questions, and ensure I understood how the system would benefit my home. The installation crew arrived on time, worked efficiently, and completed the job with great attention to detail. The quality of the workmanship was outstanding, and they left the property clean after the installation was completed. What impressed me most was their customer service and commitment to making the process smooth and stress-free. The solar system is performing exactly as promised, and I am already seeing the benefits. I highly recommend 8M Solar to anyone considering solar energy. Their expertise, professionalism, and dedication to customer satisfaction truly set them apart.
The 8M was always very responsive and helpful to navigate through that process that seemed once overwhelming. The install smoothly and was accomplished all in one day. They did our good job cleaning up after the project. So far we're super happy with the solar panel install, Tesla powerwall 3, and generation capability. After a month of use, it looks like the 8M m models used to estimate yearly power will be right on. Thanks
I had an excellent experience with 8Msolar - team that installed my solar panels. They were professional, knowledgeable, and responsive throughout the entire process and even after the installation was completed. The entire team was absolutely outstanding. They took the time to answer all my questions, kept me informed every step of the way, and made sure everything was done correctly. Their attention to detail and commitment to customer satisfaction were outstanding. The quality of their work and their attention to detail exceeded my expectations. I highly recommend them to anyone considering solar panel installation. Thank you for such an exceptional job!
The experience with 8M Solar is one I would recommend to anyone looking to invest in offsetting their energy costs without the headache and hassle of dealing with the local utility companies. Their pricing and consumer experience are unmatched among their competitors. From inception of the project, everything including pricing, hardware, layout, permits, applications, and timelines were communicated promptly and thoroughly. While I did my own learning beforehand, the transparency of financial and technical information was impressive. Special thanks to Aaron, Rana, Christian, Edward, and several others are well earned and their expertise was appreciated. We paid for our system outright, and we are extremely satisfied with the results. Our solar installation covers over 80% of our energy usage so far, and I can rest easy knowing we will no longer be subject to monopolize energy rates in our area for decades to come.