Solar Panel Cost Guide in Boulder City, NV (2024 Update)
- Boulder City Solar Installation Cost: $12,462
- 25-Year Savings: $23,617
- Payback Period: 9.2 Years
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Average Cost of Solar Panels in Boulder City
Let’s take a look at the average cost of solar in Boulder City.
While the national average of solar panels is $2.66 per watt, solar panels in Boulder City typically cost about 3.Using this figure, a typical 5.8-kW system would cost about $12,462 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may vary based on your household energy needs, the type of solar panels you choose, your solar contractor and more.But, once you've paid the upfront cost of installation, the savings for most homeowners is quite good, with a net average savings of about $22,000 over 20 years on utility bills.
You can click the button below to get connected with a vetted solar installer in Boulder City for a quote for your home.
Solar savings over time in Boulder City
| Year | Return on Investment |
|---|---|
| 1 years | $-11,175 |
| 3 years | $-8,601 |
| 5 years | $-6,026 |
| 7 years | $-3,452 |
| 9 years | $-877 |
| 11 years | $1,697 |
| 13 years | $4,271 |
| 15 years | $6,846 |
| 17 years | $9,420 |
| 19 years | $11,995 |
| 21 years | $14,569 |
| 23 years | $17,143 |
| 25 years | $19,718 |
Top Solar Installers in Boulder City
Many homeowners decide to use a solar installation company since trying to install solar panels on your own can be a lot of work. In addition, if you’d like to maximize your investment in solar energy, using a solar company can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives.
You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in Boulder City:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary 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 cover each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to spend around $3,080 per kilowatt in Boulder City.The type of solar panels and equipment you get is another factor that will largely affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment consists of more than just the solar panels themselves. You’ll also need to think about 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’s in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over many years, but they can also be a big investment. That’s why many Boulder City homeowners decide to finance their solar panel systems to offset upfront costs.When considering your overall cost, you should also calculate the interest you’ll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar company you hire to handle your switch to solar energy can play a part in your total costs. There are about 3 solar panel companies in Boulder City, and each can charge different amounts for labor and equipment.The size of the company sometimes plays the most considerable role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have more resources and better 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 promotion can bring their pricing down 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 | $3.20 | $13,453 | $21,645 | 9.6 years |
| 8 kW | $3.14 | $17,593 | $29,206 | 9.4 years |
| 10 kW | $3.08 | $21,560 | $36,938 | 9.2 years |
| 12 kW | $3.02 | $25,355 | $44,843 | 9.0 years |
| 14 kW | $2.96 | $28,977 | $52,921 | 8.8 years |
| 16 kW | $2.90 | $32,426 | $61,171 | 8.7 years |
| 18 kW | $2.83 | $35,703 | $69,593 | 8.5 years |
| 20 kW | $2.77 | $38,808 | $78,188 | 8.3 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 brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: If you’re worried about the durability of your solar energy system, verifying that your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: Review the contract terms closely to make sure you understand how much it will cost, project timeline rebates and warranties.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely offer quality solar panel installation and expertise.
- Solar Panel Brands: Different companies carry different brands and models of panels. If you prefer a specific brand, make sure the solar installer you’re considering has it.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $15,400 for a 5-kW system and $30,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. Conversely, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Is it better to lease or buy solar panels in Boulder City?
Leasing solar panels can be an option if you can’t afford to pay upfront or get a solar loan, but since you don’t own the system, you can’t take advantage of many solar incentives. Also your property value won’t increase, so you’ll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.
Is it worth going solar in Boulder City?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How long do solar panels last in Boulder City?
On average, solar panels can last 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.