PACE and Solar in VA
The average Virginian spends a little more than $2,000 a month on energy. What can be accomplished with $2,000 a month to make the home environmentally sustainable instead of spending it at the gas and electric companies?
Is it solar? Suppose 10 kW of solar is added to your roof. 10 kW in the 23120 zip code provides 13,915 kWh per year on average. At 0.11 cents/kWh, which is the current consumer rate, (at present, a 10% increase is expected soon, also it increases slightly every year) the system generates $1,536 dollars in electricity per year. Current tax Incentives have a big impact on solar economics. https://pvwatts.nrel.gov/pvwatts.php
Assume each kW costs $2,400 installed.