Solar Panel Cost Guide in Omaha, NE (Jun 2022)

  • Omaha Solar Installation Cost: $20,000
  • 25-Year Savings: $20,814
  • Payback Period: 12.3 Years

See cost of a solar system near you:

EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 5/26/2022

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Average Cost of Solar Panels in Omaha

We break down average solar pricing in Omaha.

Although the national average of solar panels is $2.66 per watt, solar panels in Omaha generally cost about $3. The average Omaha homeowner needs a 9.6-kilowatt system, which would cost about $20,000, or $14,800 after the federal solar tax credit is applied.

These figures are just estimates, and your own solar costs will most likely look different based on your energy needs and what company you go with. But, once you've paid the initial cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $16,000 over 20 years on utility bills.

Click the button below to get connected to a highly rated solar company in Omaha for a personalized quote.

Solar savings over time in Omaha

Year Return on Investment
1 years $-18,367
3 years $-15,102
5 years $-11,837
7 years $-8,572
9 years $-5,307
11 years $-2,042
13 years $1,224
15 years $4,489
17 years $7,754
19 years $11,019
21 years $14,284
23 years $17,549
25 years $20,814

Top Solar Installers in Omaha

Many homeowners decide to use a solar panel company since installing solar panels by yourself can be time-consuming. Companies can also provide access to quality options of the best solar panels and help you pick which one will be best for your family.

You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some near you:

Best National Provider

SunPower

5.0

  • Pros iconMost efficient panels on the market
  • Pros iconNational coverage
  • Pros iconCradle to Cradle sustainability certification
  • Pros iconGreat warranty coverage
  • Con iconExpensive
  • Con iconCustomer service varies by local dealer

Best Technology

Tesla Energy

4.5

  • Pros iconPrice-match guarantee
  • Pros iconSleek, efficient, and durable solar panels
  • Pros iconBest solar battery on the market
  • Con iconSome reported issues with customer service
  • Con iconCustomer service varies by local dealer

Best Warranty Coverage

Sunpro Solar

4.0

  • Pros iconIndustry-leading warranty coverage
  • Pros iconExpansive service area
  • Con iconSome reported communication issues
  • Con iconNo leases or PPAs

See all of the solar companies in Omaha

Factors that Affect Solar Panel Costs in Omaha

There are many factors that can play into your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.

Solar Equipment Size

The size of the solar energy system you need for your household is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $2,830. The model of solar panels and equipment you choose is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment is more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.

Solar Financing Terms

Many homeowners find the average cost of solar in Omaha to be too steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in paying more over time due to interest. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs significantly.

Solar Panel Installation Company

The solar panel installer you choose will influence your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. The company's size sometimes plays the most significant role in the cost. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing lower to compete with bigger names.

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 $12,574 12.7 years
8 kW $2.89 $17,089 $17,100 12.5 years
10 kW $2.83 $20,942 $21,794 12.3 years
12 kW $2.77 $24,628 $26,655 12.0 years
14 kW $2.72 $28,146 $31,684 11.8 years
16 kW $2.66 $31,497 $36,880 11.5 years
18 kW $2.60 $34,680 $42,244 11.3 years
20 kW $2.55 $37,696 $47,775 11.0 years

Solar Incentives in Omaha

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 choose will impact not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should take into account, including:

  • Contract: Read the contract terms closely to make sure you understand the overall cost, project timeline incentives and warranties.
  • Installation Process: When going solar, it's important to keep an open line of communication with your solar installer. Make sure you understand how the installation process will go and the completion timeline.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely have a good reputation and are qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
  • Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a large role in the company you opt for.

Best National Provider

SunPower

5.0

  • Pros iconMost efficient panels on the market
  • Pros iconNational coverage
  • Pros iconCradle to Cradle sustainability certification
  • Pros iconGreat warranty coverage
  • Con iconExpensive
  • Con iconCustomer service varies by local dealer

Best Technology

Tesla Energy

4.5

  • Pros iconPrice-match guarantee
  • Pros iconSleek, efficient, and durable solar panels
  • Pros iconBest solar battery on the market
  • Con iconSome reported issues with customer service
  • Con iconCustomer service varies by local dealer

Best Warranty Coverage

Sunpro Solar

4.0

  • Pros iconIndustry-leading warranty coverage
  • Pros iconExpansive service area
  • Con iconSome reported communication issues
  • Con iconNo leases or PPAs

EcoWatch's Omaha, NE Solar Cost FAQs

What is the average cost of installing solar panels in Omaha?

This is a difficult question to answer precisely, because the cost depends on many 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. You can expect to pay more if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

Are solar panels free in Omaha?

You can't get solar panels for free in Omaha. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.

Is going solar worth it?

Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and the amount of direct sunlight your roof gets.

How long do solar panels last in Omaha?

On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.

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.

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