Solar Panel Cost Guide in Fremont, NE (Jun 2022)
- Fremont Solar Installation Cost: $20,021
- 25-Year Savings: $21,529
- Payback Period: 12.1 Years
See cost of a solar system near you:
Updated 5/26/2022
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Average Cost of Solar Panels in Fremont
We go over average solar pricing in Fremont.
While the national average of solar panels is $2.66 per watt, solar panels in Fremont typically cost around $3. To cover the typical energy needs of the average home in Fremont, most homeowners require a 9.6-kilowatt system. Using the figure above, a solar installation costs around $20,021, or $14,816 after the federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of solar panels. The true cost of installing solar panels can vary quite a bit depending on several factors, such as what size system you need, your energy consumption and what company you go with. Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Fremont can save about $17,000 on their power bills over 20 years.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Fremont
| Year | Return on Investment |
|---|---|
| 1 years | $-18,359 |
| 3 years | $-15,035 |
| 5 years | $-11,711 |
| 7 years | $-8,387 |
| 9 years | $-5,063 |
| 11 years | $-1,739 |
| 13 years | $1,585 |
| 15 years | $4,909 |
| 17 years | $8,233 |
| 19 years | $11,557 |
| 21 years | $14,881 |
| 23 years | $18,205 |
| 25 years | $21,529 |
Top Solar Installers in Fremont
Many homeowners decide to hire a solar panel company since trying to install solar panels by yourself can be time-consuming. The payback period of solar panels will vary based on factors like your location and energy consumption, but working with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you get the most out of incentives available in your area.
If you'd like to start using solar energy but still aren't sure which solar panel company to go with, here are our suggestions for providers nearby:
Best Technology
Tesla Energy
4.5
Price-match guarantee- Sleek, efficient, and durable solar panels
- Best solar battery on the market
-
Some reported issues with customer service - Customer service varies by local dealer
Best Warranty Coverage
Sunpro Solar
4.0
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Fremont
Factors that Affect Solar Panel Costs in Fremont
There are several factors that can affect your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment Size
When it comes to estimating the cost of solar panels in Fremont, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can determine by looking at past electricity bills. Your total cost can increase by about $2,830 for each additional kilowatt you need. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you're opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want additional equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Fremont to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar installer in the area provides financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in higher prices over time because of interest. It's a good idea to include the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The last key cost factor you should keep in mind is the installer you choose. Given the booming popularity of clean energy solutions in Fremont, you'll have many options to choose from, but each comes at different price points for labor and equipment. Companies that only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and find a company that has the products, warranties and services you want and also fit into your budget.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.94 | $13,068 | $12,998 | 12.5 years |
| 8 kW | $2.89 | $17,089 | $17,666 | 12.3 years |
| 10 kW | $2.83 | $20,942 | $22,502 | 12.1 years |
| 12 kW | $2.77 | $24,628 | $27,505 | 11.8 years |
| 14 kW | $2.72 | $28,146 | $32,675 | 11.6 years |
| 16 kW | $2.66 | $31,497 | $38,013 | 11.3 years |
| 18 kW | $2.60 | $34,680 | $43,519 | 11.1 years |
| 20 kW | $2.55 | $37,696 | $49,192 | 10.8 years |
Solar Incentives in Fremont
| Name | Sales and Use Tax Exemption for Community Renewable Energy Projects |
| Incentive Amount | 100% exemption |
| More Info | Click here |
| Name | ITC |
| Type | Tax Incentive |
| Incentive Amount | 26% of installation cost |
| Website | Visit here |
| Name | Local Option - Property-Assessed Clean Energy Financing |
| Website | Visit here |
| More Info | Click here |
| Name | Dollar and Energy Savings Loans |
| Website | Visit here |
| More Info | Click here |
How to Save on Solar Panels
The solar panel company you go with will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are several important things you should keep in mind, including:
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
Best Technology
Tesla Energy
4.5
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
Best Warranty Coverage
Sunpro Solar
4.0
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Fremont, NE Solar Cost FAQs
How much does it cost to install solar panels in Fremont?
The average cost of solar panels in Fremont is about $14,150 for a 5-kW system and $28,300 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to think about when buying solar panels?
The initial cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to keep in mind are the quality and durability of your solar panels.
Do solar panels increase the value of your home?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Fremont is currently $138,600, which means you can look forward to a value of about $5,683 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Fremont is a worthwhile investment.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to account for their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.
