West virginia solar power

How much does solar cost in West Virginia?

On average, it costs $29,040 to install residential solar panels in West Virginia. After using the full federal solar investment tax credit (ITC), that price drops to $20,328. While it can cost more to go solar in West Virginia, the savings over 25 years can make it worth it. You can save, on average, around $19,893.

Does West Virginia offer a solar loan program?

Unlike other states that offer tax, rebate or solar loan programs, West Virginia has no state-specific financial incentives for residents to go solar. Residents can still take advantage of the federal incentive and net metering, though.

Are there incentives to go solar in West Virginia?

Other than federal incentives, there aren’t any statewide financial incentives for residents to go solar in West Virginia. However, there is a corporate tax exemption. If your solar panels generate more energy than you need, you can sell that excess energy to your utility. This is called net metering.

Can you get a solar battery in West Virginia?

The alternative is getting a solar battery to store extra energy. In West Virginia, residential solar energy systems up to 50 kilowatts (kW) qualify for net metering benefits, but the owner must carry a minimum of $100,000 in liability insurance. The credits you accumulate in one month go toward your next month's bill.

How does the solar investment tax credit work in West Virginia?

The federal solar investment tax credit (ITC) is the biggest factor in reducing the cost of going solar in West Virginia. If you install a residential solar panel system by the end of 2032, you will receive a federal income tax credit equal to 30% of the system's total cost, including equipment, labor and permits.

Does WV have net energy metering?

Unfortunately, net energy metering in WV is at risk of being discontinued as well, especially since there is no current RPS. For now, though, it remains available to all residents. To enroll in net energy metering, you usually just need to have your solar energy system installed and then fill out an NEM application for your electric company.