Typical home: Worth it

Solar in Lake Ridge, VA

With Dominion Energy Virginia's electricity at about 16.3¢ per kWh and 1,323 kWh of sun per kW, solar is worth it for a typical Lake Ridge home today: about a 12.9-year payback.

Payback, typical home
12.9 yrsVirginia: 12.3 yrs
25-year net
$34,078after paying $26,530
Sun
1,323kWh per kW per year
Electricity
16.3¢10% below U.S. average

A typical Lake Ridge home, by the numbers

UtilityDominion Energy Virginia
Electricity use1,038 kWh a month
Best-value system9.4 kW, about 22 panels, 12,438 kWh a year (100% of use)
Cost$26,530
First-year savings$1,957
Payback12.9 years
Exported power15¢/kWh (Dominion Energy Virginia)

Cash purchase, no federal credit, 3.0% yearly rate increases. Run it with your own numbers.

Solar production per kW in Lake Ridge

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan87
Feb82
Mar118
Apr128
May129
Jun134
Jul138
Aug132
Sep116
Oct104
Nov82
Dec75

Homes in Lake Ridge

Owner-occupied homes
76%
Single-family detached
39%
Median home value
$471k
Median year built
1986
Population
46,049

Census ACS 2020–2024.

Installers working in Lake Ridge

Public installation records for Virginia don't name installers, so we can't rank local companies here. Browse installers in Virginia.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Lake Ridge

Is solar worth it in Lake Ridge, VA?

For a typical home in Lake Ridge, solar is worth it at 2026 prices: a 9.4 kW system costs about $26,530 after state incentives, saves about $1,957 in year one and pays back in about 12.9 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Lake Ridge?

About 1,323 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 4% less than the Virginia average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Lake Ridge?

Most homes in Lake Ridge are served by Dominion Energy Virginia, at about 16.3¢ per kWh on average. Some areas are served by Northern Virginia Electric Cooperative.

How much do solar panels cost in Lake Ridge?

A fair cash price is around $2.95 per watt before incentives, so about $26,530 for a 9.4 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.