Solar Panel Cost Guide in Dayton, NV (2024 Update)
- Dayton Solar Installation Cost: $13,137
- 25-Year Savings: $19,246
- Payback Period: 10.9 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Dayton
Let’s have a look at the average cost of solar in Dayton.
The average cost of a solar panel system in Dayton is 3 per watt.Because a 6.1-kW system is needed to cover the energy consumption of a typical home in Dayton, the average price of going solar will be about $13,137 after claiming the federal solar tax credit of 0.
Keep in mind that the figures above are only estimates based on the average energy use of Dayton homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.For most homeowners, the upfront investment in solar panels is worth paying. On average Dayton homeowners see about $19,000 in savings on energy bills over 20 years.
To calculate your potential ROI and connect with a local solar installer, click the button below.
Solar savings over time in Dayton
| Year | Return on Investment |
|---|---|
| 1 years | $-11,965 |
| 3 years | $-9,622 |
| 5 years | $-7,280 |
| 7 years | $-4,937 |
| 9 years | $-2,594 |
| 11 years | $-252 |
| 13 years | $2,091 |
| 15 years | $4,434 |
| 17 years | $6,776 |
| 19 years | $9,119 |
| 21 years | $11,462 |
| 23 years | $13,805 |
| 25 years | $16,147 |
Top Solar Installers in Dayton
Putting up solar panels by yourself can be a time-consuming undertaking, which is why using a solar installer is a good option for many homeowners. Solar warranties and repairs are usually included in the cost of installation when you sign a contract with a solar company as well, which can save you more money over time.
Working with a vetted solar company can help you make the most of your investment in solar. 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Dayton
Factors that Affect Solar Panel Costs in Dayton
Even though the average cost of a solar system in Dayton is $13,137, your final cost may differ. There are quite a few factors that can have a significant impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,080.There are a lot of different solar panel brands and the one you choose also affects the cost. Generally, the brands that have better efficiency tend to also cost more. Additionally, the type of equipment you’re looking to install can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
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 Dayton homeowners choose to finance their solar panel systems to make paying for solar more affordable.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay off the loan.
Solar Panel Installation Company
The last key cost factor you should take into consideration is the installer you choose. Given the massive popularity of green energy solutions in Dayton, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.You may notice national solar installers that have lower prices because of their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $16,082 | 11.4 years |
| 8 kW | $3.14 | $17,593 | $21,788 | 11.2 years |
| 10 kW | $3.08 | $21,560 | $27,666 | 10.9 years |
| 12 kW | $3.02 | $25,355 | $33,716 | 10.7 years |
| 14 kW | $2.96 | $28,977 | $39,940 | 10.5 years |
| 16 kW | $2.90 | $32,426 | $46,335 | 10.3 years |
| 18 kW | $2.83 | $35,703 | $52,903 | 10.1 years |
| 20 kW | $2.77 | $38,808 | $59,644 | 9.9 years |
How to Save on Solar Panels
The solar company you opt for will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, including:
- 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 likely has a solid reputation and is qualified to get the job done well. Another way you can check your installer’s reputation is by reading reviews.
- Warranty: Warranties that cover panel repairs and maintenance over around 25 years are the gold standard in the business, and offering that kind of warranty is one mark of a good company.
- Installation Process: When making the switch to solar energy, it’s essential to keep an open line of communication with your solar company. See to it that you understand how the installation process will go and the project completion timeline.
- Contract: Before signing a contract with a solar installer, be sure to read it through completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Dayton, NV Solar Cost FAQs
What is the average cost of installing solar panels in Dayton?
The average cost of solar panels in Dayton is about $15,400 for a 5-kW system and $30,800 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Dayton?
Leasing solar panels can be an option if you are unable to pay upfront or secure 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 financial benefits from going solar.
How will installing solar panels impact my property value?
Installing solar panels on your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Dayton is currently $425,646, which means you can expect a value of about $17,451 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Dayton is a worthwhile investment.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can 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 buy between 20 and 35 panels to cover 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.