Solar Panel Cost Guide in Boulder City, NV (2023 Update)
- Boulder City Solar Installation Cost: $10,196
- 25-Year Savings: $23,617
- Payback Period: 7.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Boulder City
We go over average solar pricing in Boulder City.
The average cost of a solar panel system in Boulder City is 2.52 per watt. The average Boulder City homeowner needs a 5.8-kilowatt system, which would cost about $10,196 with the federal tax credit, or $14,580 before the 30% tax credit is applied.
The actual price you pay can be higher or lower than the average in Boulder City depending on several factors, such as the brand of solar panels you choose and the solar contractor you hire. With typical savings of about $22,000 on power bills over 20 years, many homeowners in Boulder City find installing solar panels can pay off big.
To get a free quote from a top solar installer in Boulder City, you can click the button below.
Solar savings over time in Boulder City
| Year | Return on Investment |
|---|---|
| 1 years | $-8,909 |
| 3 years | $-6,335 |
| 5 years | $-3,760 |
| 7 years | $-1,186 |
| 9 years | $1,388 |
| 11 years | $3,963 |
| 13 years | $6,537 |
| 15 years | $9,112 |
| 17 years | $11,686 |
| 19 years | $14,261 |
| 21 years | $16,835 |
| 23 years | $19,409 |
| 25 years | $21,984 |
Top Solar Installers in Boulder City
Many homeowners decide to use a solar panel company since figuring out how to install solar panels by yourself can be hard. Also, companies with an outstanding reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
See all of the solar companies in Boulder City
Factors that Affect Solar Panel Costs in Boulder City
Cost is often one of the most important factors for homeowners wanting to invest in solar. There are a few key factors that will push your cost above or below the average in Boulder City: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar panel system in Boulder City, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can determine by looking at past electricity bills. Your overall cost can increase by about $2,520 for each additional kilowatt you need. The brand of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Furthermore, 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 looking into a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Boulder City to be prohibitively steep, even if the investment pays off over time. Fortunately, almost every solar company in the area provides access to financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also lead to paying more over time because of interest. However, the interest on solar loans also increases your overall costs, so it's crucial to keep that in mind as well. You can always bring down the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
Finally, the company you hire to install your solar system can affect your pricing. Boulder City's solar companies all have different labor costs and add varying upcharges to 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 at a higher cost. It's best to do some research and decide on the company that provides the products, warranties and services you want and also fits 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 | $2.62 | $11,007 | $24,092 | 7.8 years |
| 8 kW | $2.57 | $14,394 | $32,404 | 7.7 years |
| 10 kW | $2.52 | $17,640 | $40,858 | 7.5 years |
| 12 kW | $2.47 | $20,745 | $49,453 | 7.4 years |
| 14 kW | $2.42 | $23,708 | $58,189 | 7.2 years |
| 16 kW | $2.37 | $26,531 | $67,067 | 7.1 years |
| 18 kW | $2.32 | $29,212 | $76,085 | 6.9 years |
| 20 kW | $2.27 | $31,752 | $85,244 | 6.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Installation Process: An important thing to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and how long the project will take.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, completion timeline rebates and warranties.
- Warranty: Each company may offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: Different companies offer different brands and kinds of panels. If you want a specific brand, make sure the solar panel installer you're considering has it.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
EcoWatch's Boulder City, NV Solar Cost FAQs
What is the average cost of installing solar panels in Boulder City?
The average cost of solar panels in Boulder City is about $12,600 for a 5-kW system and $25,200 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Boulder City?
You can't get solar panels for free in Boulder City. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd prefer to own your solar panels, you can finance them with a solar loan.
Does Boulder City have a net metering program?
The majority of states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future electricity bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Boulder City?
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 larger 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.