Save Big with Dominion Energy’s Solar Incentives

As energy prices continue to climb and environmental concerns intensify, homeowners and businesses in Virginia are turning to renewable energy—especially solar power—as a long-term solution. Dominion Energy, one of the largest utility providers in the United States, has introduced a variety of solar energy incentives designed to make the switch both cost-effective and accessible. Whether you’re a residential customer looking to lower your utility bills or a commercial property owner aiming for energy independence, Dominion Energy’s solar programs can deliver significant savings.

Why Choose Solar with Dominion Energy?

Dominion Energy’s commitment to clean energy isn’t just about sustainability—it’s also about providing practical, financial solutions to its customers. The company offers an array of solar-related programs, including rebates, tax credits, and net metering, all structured to reduce upfront costs and accelerate your return on investment.

By participating in Dominion Energy's solar programs, you can:

• Lower your electricity bills

• Receive tax credits and state incentives

• Add value to your home or commercial property

• Reduce your carbon footprint

• Enjoy energy independence

Dominion Energy Solar Incentive Programs

1. Solar Purchase Program (SPP)

Through the Solar Purchase Program, Dominion Energy purchases the entire output of your solar PV system at a premium rate. Customers receive a fixed $0.15 per kilowatt-hour (kWh) generated, which is significantly above the standard retail rate.

Eligibility requirements:

• Residential and non-residential customers in Virginia

• Systems between 1 kW and 20 kW

• Must sign a Power Purchase Agreement (PPA) with Dominion Energy

This program provides a reliable income stream, transforming your solar panels into an energy-generating asset with a consistent ROI.

2. Net Metering Program

Dominion’s Net Metering allows you to generate your own electricity and send any surplus energy back to the grid, receiving bill credits in return. It’s one of the most popular and practical solar incentives available.

Key benefits:

• Reduces monthly utility bills

• Any excess credits roll over month-to-month

• Ideal for balancing seasonal energy usage

Residential systems must be no larger than 20 kW, while non-residential systems can go up to 1,000 kW. The value of net metering grows over time, especially as electricity rates continue to rise.

3. Renewable Energy Certificates (RECs)

Each megawatt-hour (MWh) of electricity your system produces earns a Renewable Energy Certificate, which can be sold on the open market or to Dominion Energy directly. This creates another stream of passive income, especially valuable for larger installations.

Some customers earn hundreds of dollars per year just by selling their RECs—without any additional effort.

4. Solar Incentives for Low-Income Households

Dominion Energy also partners with organizations like GRID Alternatives to bring solar to income-qualified households. These programs offer free or heavily subsidized solar installations for homeowners who meet specific income criteria.

Benefits include:

• $0 upfront cost

• Immediate savings on monthly energy bills

• Increased property equity with no financial burden

This is a critical step toward energy equity, ensuring everyone has access to clean, affordable power.

Federal and State Tax Credits Enhance Your Savings

In addition to Dominion Energy’s offerings, homeowners and businesses can take advantage of the Federal Solar Investment Tax Credit (ITC), which covers 30% of your system’s total cost—including labor, permits, and equipment. For a $20,000 system, that’s a $6,000 reduction in what you owe the IRS.

Virginia also provides property tax exemptions for solar systems, meaning the increased home value doesn’t translate into higher property taxes. That’s a double win for any smart investor.

Solar Financing Options Made Easy

To further encourage adoption, Dominion Energy supports third-party financing options that make going solar more accessible than ever. These include:

• Solar leases with low monthly payments

• Power Purchase Agreements (PPAs)

• Solar loans with favorable interest rates

• On-bill financing in select regions

These options allow customers to install solar panels with little to no upfront cost, spreading payments out over time while enjoying immediate savings.

Commercial & Agricultural Solar Support

Dominion Energy isn’t just focused on residential installations. Businesses, schools, and farms can also leverage custom-designed solar programs that cut operating costs and lock in long-term energy prices.

Key Commercial Benefits:

• Equipment depreciation through MACRS

• State grants and loan programs

• Bulk installation discounts

• Support with interconnection and permitting

Agricultural operations can apply for USDA grants and partner with Dominion Energy for tailored solar solutions that support irrigation systems, storage facilities, and more.

How to Get Started with Dominion Solar Incentives

1. Evaluate your property’s solar potential – Tools like Google Project Sunroof or a professional solar audit can help.

2. Connect with a certified solar installer – Preferably one familiar with Dominion Energy’s paperwork and approval process.

3. Apply for your desired program – Whether it’s Net Metering, SPP, or low-income assistance, ensure your system specs align with program requirements.

4. Install your system – Permits, inspections, and grid interconnection will follow.

5. Start saving – Watch your electric bills shrink and your energy credits grow.

Long-Term Returns and Environmental Impact

A typical residential solar system in Virginia will pay for itself in 6 to 9 years, with 20+ years of profit and clean energy thereafter. Combined with Dominion Energy’s solar incentives, your investment becomes even more lucrative.

The environmental benefits are just as powerful:

• Each 5 kW system offsets 4 to 5 tons of CO₂ annually

• Equivalent to planting 100 trees or avoiding 10,000 miles of car emissions

By going solar with Dominion Energy, you’re not just saving money—you’re investing in a brighter, cleaner future.

Act Now to Lock in Maximum Savings

Solar incentives are subject to policy changes, funding limits, and deadlines. The earlier you act, the more you can save. With electricity rates rising and federal tax credits scheduled to reduce in the coming years, now is the time to capitalize on Dominion Energy’s solar programs.

Make the switch. Save money. Power your future.

Need Help?

Dominion Energy offers an online portal and dedicated customer support for solar inquiries. Visit their Renewable Energy section to explore all current offerings or speak with a solar advisor to customize your path to clean energy.

Save money, gain energy freedom, and join the movement toward sustainable power with Dominion Energy’s unbeatable solar incentives.