Solar Panel Cost Guide in Fremont, NE (2023 Update)
- Fremont Solar Installation Cost: $18,946
- 25-Year Savings: $22,603
- Payback Period: 11.4 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Fremont
We break down average solar pricing in Fremont.
In Fremont, solar panels cost about 2.83 per watt on average. To account for the typical energy needs of the average home in Fremont, most homeowners require a 9.6-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,938, or $27,081 before the federal solar tax credit of 30% is applied.
Bear in mind that the figures above are only estimates based on the average Fremont homeowner. The price of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Even with the significant initial cost, the average Fremont homeowner can save about $17,000 on their power bills over 20 years, which is one of the perks of solar.
To see your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Fremont
| Year | Return on Investment |
|---|---|
| 1 years | $-17,646 |
| 3 years | $-15,046 |
| 5 years | $-12,446 |
| 7 years | $-9,846 |
| 9 years | $-7,247 |
| 11 years | $-4,647 |
| 13 years | $-2,047 |
| 15 years | $553 |
| 17 years | $3,153 |
| 19 years | $5,753 |
| 21 years | $8,352 |
| 23 years | $10,952 |
| 25 years | $13,552 |
Top Solar Installers in Fremont
Trying to install solar panels yourself can be a time-consuming project, which is why hiring a solar installation company is a good option for many homeowners. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
There are a number of licensed solar professionals that can install solar panels for you. Here are our suggestions:
Best Technology
Tesla Energy
- 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
See all of the solar companies in Fremont
Factors that Affect Solar Panel Costs in Fremont
For many Fremont homeowners, the decision to adopt solar energy comes down to cost. However, the range of solar installation costs can be quite wide in Fremont, with typical prices between $20,000 to $40,000. There are a few factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of solar panels in Fremont, one of the most crucial 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 usage, which you can determine by looking at past power bills. Your total cost can increase by around $2,830 for each additional kilowatt you need. The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your energy bills. Additionally, extra products, like solar batteries, can bump up your total well above the Fremont average.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many Fremont homeowners choose to finance their solar panel systems to make going solar more affordable. Even though solar loans make adopting solar energy more accessible for Fremont homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The remaining key cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Fremont, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that provides the products, warranties and services you're looking for and also is within 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 | $12,361 | $13,705 | 11.9 years |
| 8 kW | $2.89 | $16,165 | $18,590 | 11.6 years |
| 10 kW | $2.83 | $19,810 | $23,634 | 11.4 years |
| 12 kW | $2.77 | $23,297 | $28,836 | 11.2 years |
| 14 kW | $2.72 | $26,625 | $34,197 | 10.9 years |
| 16 kW | $2.66 | $29,794 | $39,716 | 10.7 years |
| 18 kW | $2.60 | $32,805 | $45,393 | 10.5 years |
| 20 kW | $2.55 | $35,658 | $51,230 | 10.3 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. While there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of offerings before deciding.
- Contract: It's important to look over your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the completion timeline.
Best Technology
Tesla Energy
- 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
EcoWatch's Fremont, NE Solar Cost FAQs
How much does it cost to install solar panels in Fremont?
This is a tough question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $14,150 for a 5-kW system and $28,300 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have higher-than-average energy needs. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Is cost the most important consideration when buying solar panels?
Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How will solar panels impact the value of my home?
Solar panels can increase your home value significantly as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Fremont?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can keep using them at a lower efficiency.
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.