Moderate incentive state Updated 2026-07-11

Virginia Solar + VRF Incentives & Savings 2026

Full net metering and a growing solar market, but a thin SREC value and fewer heat-pump rebates than its neighbors — the federal 48E ITC does the heavy lifting for commercial projects.

At a glance

Heat pump / VRF rebate

Limited

Utility programs vary; no broad statewide heat-pump rebate

Solar performance value

$30 / MWh

Virginia SREC market (thin)

Net metering

Full retail

Standard Virginia net metering

Federal solar ITC

30% (commercial 48E)

Federal, in-service by 12/31/2027

Federal incentives (apply everywhere)

Federal incentives apply on top of every state below. Post-OBBBA status as of 2026-07.

48E Clean Electricity Investment Tax Credit

Active

30% ITC (base) · commercial

Bonus adders (domestic content, energy community, low-income) can raise it further.

Source: IRS / OBBBA analyses ↗

25C / 25D Residential Credits

Expired

$0 · residential

No longer available for residential heat pump or solar installs.

Source: IRS ↗

179D Commercial Buildings Deduction

Active

Up to ~$5.00/ft² (prevailing wage) · commercial

Deduction for efficient HVAC/lighting/envelope in commercial buildings.

Source: IRS 179D ↗

MACRS Accelerated Depreciation

Active

5-year schedule for solar · commercial

Deliberately excluded from GetVRF payback math (conservative), but real for commercial owners.

Source: IRS MACRS ↗

Virginia programs

Virginia SREC market

Active

$30 / MWh · solar · both

Source: Virtue Solar ↗

Net metering

Active

Full retail · solar · both

Source: Virginia SCC ↗

Local defaults

The numbers we use for Virginia

These screening assumptions feed the Solar-VRF Calculator. Every figure is editable in the tool, and the sources are listed below.

Residential electricity17.4¢/kWh
Commercial electricity10.3¢/kWh
Solar yield1350 kWh/kW·yr
SREC value$30/MWh

Run your Virginia numbers

Get a modeled estimate — savings, payback, solar sizing, and the incentives above — in about three minutes.

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Vetted installers in Virginia

We match owners with licensed, manufacturer-certified VRF installers and solar EPCs. Our network is concentrated in the Mid-Atlantic and growing — see the live coverage map, or request a match and we'll route you to a vetted pro as coverage reaches Virginia.

Sources & last updated

Last verified 2026-07-11. Primary source: DSIRE — Database of State Incentives for Renewables & Efficiency (dsireusa.org).

Incentive programs, rebate amounts, and market values change frequently and vary by utility and project. Figures marked "verified" were confirmed against program documents on the date shown; figures marked "preliminary" reflect the general program landscape and must be confirmed with the administrator or DSIRE before relying on them. Nothing here is tax or engineering advice.