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Solar Tax Credits, Incentives and Solar Rebates in West Virginia
Latest Update:by Simone Garneau
|Solar Value Index||$731|
|Solar Energy Produced||6,328 kWh / year|
|Average retail electricity price (as of May 2017)||11.55 cents / kWh|
|Average annual consumption per household (2015 data)||13,279 kWh|
|Levelized Cost of Solar Electricity||8.85 cents / kWh|
|Reached grid parity?||Yes|
|Solar Installer||City||Sunmetrix Solar Score||Sunmetrix Cashback|
|Mountain View Solar||Berkeley Springs||$250|
The Mountain State is a net energy exporter. The state is the second largest coal producer in the nation (after Wyoming), and it sells more than half of its electricity generation to other states. Almost all of the electricity generation in the state is fueled by coal. Unfortunately, this is not good news for solar energy. West Virginia has one of the lowest levels of installed solar PV capacity in the nation.
At 11.55 cents/ kWh, the electricity prices in the state are below the national average of 12.69 cents / kWh. When it comes to average electricity consumption per household, residents of this state consume 13,279 kWh per year, above the national average of 10,836 kWh.
West Virginia is a grid parity state, making solar power cheaper than the residential utility rates. Especially when used in combination with the 30% federal solar tax credit, the incentives listed below can significantly reduce the cost of installation of solar panels for your home or business.
Financial IncentivesUnfortunately, there are no state-specific financial incentives in West Virginia.
- Average electricity consumption data is from the U.S. Energy Information Administration.
- Average retail electricity price is from the Electric Power Monthly report of the U.S. Energy Information Administration.
- Solar Value Index is based on the analysis performed using our own solar energy calculator, Sunmetrix Discover.
- State incentives list is compiled from the Database of State Incentives for Renewables and Efficiency maintained by the N.C. State University.
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1. Defined Terms.
a. Program Website: http://sunmetrix.com/
b. INSTALLER: The solar PV installation company either selected by the QUOTE-REQUESTER or by Sunmetrix.
c. QUOTE-REQUESTER is a potential residential solar customer that meets all of the following criteria: (1) owns his or her own house in a state/province where the INSTALLER operates; (2) is a legal resident of the United States or Canada; (3) is 18 years of age or older; and (4) otherwise meets Sunmetrix’s requirements, as may be updated by Sunmetrix from time to time.
d. REFERRAL FEE: The amount the INSTALLER agrees to pay Sunmetrix upon completion of the residential INSTALLATION. For U.S. companies, the indicated amount is in U.S. dollars. For Canadian companies, the indicated amount is in Canadian dollars. In the case of commercial solar quote requests, the referral fee is determined on case by case basis.
e. CASH-BACK: The amount paid to the QUOTE-REQUESTER, representing 50% of the REFERRAL FEE paid upon completion of the residential solar photo-voltaic INSTALLATION. For U.S. residents, the indicated CASH-BACK amount is in U.S. dollars, and the CASH-BACK will be sent electronically either with a PayPal Payment or with an Amazon eGift Card. For Canadian residents, the indicated CASH-BACK amount is in Canadian dollars, and the CASH-BACK will be sent electronically with an Interac e-Transfer.
f. INSTALLATION: The solar photo-voltaic INSTALLATION is for a residential system with a minimum installed capacity of 2 kW DC. Systems that are less than the minimum will not qualify for the CASH-BACK program.