Virginia bill opens tax exemption for residential and mixed-use PV systems

Facebook
Twitter
LinkedIn
Reddit
Email
Last year Virginia installed more than 1GW of solar PV, an almost ten-fold increase compared with 2019. Image: SunPower.

Virginia Governor Glenn Youngkin has signed a bill into law that will create a tax exemption for residential and mixed-use solar energy systems of up to 25kW.

The Solar Energy Industries Association (SEIA) said the law will expand consumers’ energy freedom and create additional incentives to do business in the Commonwealth.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

This new law comes two years after the state passed the Virginia Clean Economy Act that set the state to become zero carbon by 2050 with a strong support to rooftop solar installations and has seen

Since the Act passed, the state’s yearly solar PV installations numbers have climbed for the past two years, with Virginia now among the top five states in the country, passing from 132MWdc in 2019, and ranking 19, to more than 1GW in 2020 and 2021, only behind Texas, California and Florida, according to data from the SEIA.

Will Giese, southeast regional director for the SEIA, said: “Virginia now has a home-generation tax policy that is competitive with other southern states, and companies are ready to continue growing the local economy and lowering energy costs for people across the Commonwealth.”

Residential PV installations in the US keeps rising with the last two quarters at more than 1GW.

Data from SEIA show that residential solar installs increased 30% year-on-year with more than 4.2GW of installations across the United States, in Virginia more than 4,000 people work in the solar industry said Giese.

Consultancy Rystad Energy expects rooftop solar global capacity to increase by 61% between 2021 and 2025 thanks to policy support encouraging its deployment and soaring electricity prices.

Read Next

Premium
August 8, 2025
Energy storage escaped much of the pain inflicted on solar, but foreign entity restrictions may create some supply-chain challenges.
August 7, 2025
US residential solar installer Sunrun says it has positioned itself to continue generating strong financial returns after the passing of the 'One Big, Beautiful Bill'.
August 6, 2025
US tracker manufacturer FTC Solar has posted US$19.9 million in revenue in the second quarter of 2025, up year-on-year for the second quarter in a row.
Premium
August 5, 2025
Although residential solar in the US has lost its main tax credit, there is still hope that its popularity and economics could win the day.
Premium
August 4, 2025
Legislation withdrawing vital tax credits has plunged the US solar market into turmoil, putting project deployments and manufacturing at risk.
August 1, 2025
The US Bankruptcy Court for the Southern District of Texas has approved the sale of substantially all of residential solar installer Sunnova's assets and business operations.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines