Last updated: October 5, 2026. Prices, incentive status and utility rules change often; verify with your installer, utility and tax professional before you sign.
Short answer: In October 2026, an 8 kW home solar system in Virginia costs roughly $20,400 before incentives, and there is no federal homeowner tax credit for systems installed this year. Virginia’s net metering rules were upheld by state regulators in 2025 and 2026, so rooftop solar still earns full retail-rate bill credits. Our model shows payback in about 10 to 12 years, depending on how fast electricity rates rise.
That is a very different picture from guides written before 2026. The 30% federal credit that cut a typical system’s price by thousands of dollars ended on December 31, 2025. The good news is that Virginia electricity is getting more expensive: the EIA-based residential average was about 17.2 cents per kWh in June 2026, and the average Virginia home uses roughly 1,032 kWh a month (EIA-861, 2024 data). More bill to offset means solar can still pay for itself, just more slowly.
This guide covers current system prices, which incentives actually remain, how net metering works with Dominion Energy and Appalachian Power, and a transparent payback model you can adapt to your own numbers.