Cosmo Solaris is dedicated to providing reliable and efficient solar energy solutions for residents of Virginia. Our presence is firmly established across the state with local offices in Virginia Beach, Lynchburg, Stafford, Roanoke, Fairfax, and Herndon. Our team of 174 in-house employees is committed to ensuring the successful installation and operation of your solar panels Virginia project.
Choosing Cosmo Solaris benefits you from our local expertise and dedicated support. Each project is assigned a specific project manager who will keep you updated on the progress weekly. This ensures clear communication and a smooth process from start to finish.
We offer a thorough turnkey solution for residential solar panels in Virginia, covering all factors from start to end. Our services include:
Our turnkey solution simplifies the process for you, ensuring that every detail is handled professionally.
The Federal Tax Credit (FTC), also known as the investment solar tax credit, provides a rebate of 30% on the cost of installing a solar energy system. This tax credit can be claimed on your annual tax return, and any unused portion can be rolled over to the next year if you do not have sufficient tax liability.
For those financing their solar energy system, the FTC is available on the entire loan amount. However, homeowners opting for a solar lease will not qualify for this incentive.
Virginia’s net metering policy is a key benefit for homeowners installing solar energy systems. This billing mechanism allows you to save on electricity costs by importing electricity from the grid when your system’s production is low (such as during evenings, cloudy days, or winter months) and giving back excess electricity to the grid when your system produces more power than you need. The utility provides power credits that can be used later or rolled over to the next month. Note that some utilities, like Dominion Energy, may charge standard transmission and distribution fees for systems between 15 kW and 25 kW.
Installing a solar energy system increases your home’s value without increasing your property tax bill. Thanks to the renewable energy system property tax exemption, homeowners do not have to pay additional taxes on the increased value of their homes resulting from solar installations.
Our SREC program rewards you with one SREC for every 1,000 kWh your system produces. These SRECs can be traded on SREC trading platforms, providing you with a financial return. An account linked to your bank is created for these transactions, ensuring that the amount earned is transferred directly to you. Also, you can use the Solar Renewable Energy Certificates (SRECs) upfront. You can choose to have this amount deducted from your total project cost, or if you prefer, you can receive the full Federal Tax Credit (FTC) on the total project cost and get the SRECs after installation.
Now, homeowners can receive their Solar Renewable Energy Certificates (SREC) upfront from Cosmo Solaris. This means we will provide the full SREC amount as a production incentive. This upfront incentive not only simplifies your cash flow but also accelerates the returns on your solar investment.
Immediate Financial Benefit: Receive SRECS upfront, allowing you to reinvest in your solar system or use the funds as you see fit.
Simplicity and Convenience: Skip the complexity of managing periodic payments and enjoy the simplicity of a single upfront transaction.
we understand that upfront payment may not be the ideal choice for everyone. Moreover, if the homeowner is not interested in getting upfront SRECs, but they will still receive SRECs as per the agreement.
If you’re considering residential solar energy Virginia, Cosmo Solaris provides a seamless and supportive experience. We are here to help you understand the process and take advantage of various incentives and rebates. We will guide you every step of the way.
With a dedicated local presence and a comprehensive approach to solar energy, Cosmo Solaris stands out in delivering quality and reliability. Our goal is to make your transition to solar energy smooth and beneficial, ensuring you enjoy the long-term advantages of renewable energy.
For any questions about equipment, installation, processes, rebates, or incentives related to residential solar in Virginia, feel free to reach out to Cosmo Solaris. Our team is ready to assist you and ensure you get the best possible support for your solar energy needs.
Discover how Cosmo Solaris can help you harness the sun’s power and contribute to a more sustainable future with solar power for residential needs. Our innovative solutions and customer-focused approach make us a trusted partner for homeowners in Virginia and beyond.