Solar Panel Cost Guide in Dayton, NV (2023 Update)
- Dayton Solar Installation Cost: $10,743
- 25-Year Savings: $19,251
- Payback Period: 9.0 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Dayton
Let's have a look at the average cost of solar panels in Dayton.
The national average cost of solar panels is $2.66 per watt, but in Dayton it's 2.52 per watt. Since a 6.1-kW system is needed to cover the energy costs of a typical home in Dayton, the average price of going solar will be about $10,743 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average Dayton homeowner. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Even with the large initial cost, the average Dayton homeowner can save around $19,000 on their electricity bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a pre-vetted solar company in Dayton for a quote for your home.
Solar savings over time in Dayton
| Year | Return on Investment |
|---|---|
| 1 years | $-9,543 |
| 3 years | $-7,144 |
| 5 years | $-4,744 |
| 7 years | $-2,345 |
| 9 years | $55 |
| 11 years | $2,454 |
| 13 years | $4,854 |
| 15 years | $7,253 |
| 17 years | $9,653 |
| 19 years | $12,052 |
| 21 years | $14,452 |
| 23 years | $16,851 |
| 25 years | $19,251 |
Top Solar Installers in Dayton
When making the switch to solar, many homeowners opt to use a solar installation company since installing a solar system yourself can be a time-consuming project. The expertise that solar companies provide can be invaluable as well, especially if you aren't sure what kind of solar equipment would be right for your home.
There are various licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Dayton
Factors that Affect Solar Panel Costs in Dayton
The cost of installing a solar system in Dayton can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to pay around $2,520 per kilowatt in Dayton. There are a lot of different solar panel brands and the one you pick also affects the cost. Generally, the brands that are more efficient tend to also cost more. Plus, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar companies in Dayton offer solar loans, which reduce your upfront costs of installing solar. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
Finally, the company you opt for to install your solar panels can affect the cost. Dayton's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.
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 | $18,528 | 9.3 years |
| 8 kW | $2.57 | $14,394 | $24,986 | 9.1 years |
| 10 kW | $2.52 | $17,640 | $31,586 | 9.0 years |
| 12 kW | $2.47 | $20,745 | $38,326 | 8.8 years |
| 14 kW | $2.42 | $23,708 | $45,208 | 8.6 years |
| 16 kW | $2.37 | $26,531 | $52,231 | 8.4 years |
| 18 kW | $2.32 | $29,212 | $59,395 | 8.2 years |
| 20 kW | $2.27 | $31,752 | $66,700 | 8.1 years |
How to Save on Solar Panels
The company that does your system 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 a tough decision, we have some tips to help you, such as:
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Reputation: Your solar installer should have a solid reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians that hold a certification from the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from past customers.
- Contract: It's important to look over your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a big role in the company you choose.
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 Dayton, NV Solar Cost FAQs
What is the average cost of installing solar panels in Dayton?
This is a hard question to answer precisely, because the cost depends on a few different factors. Generally speaking, it costs about $12,600 for a 5-kW system and $25,200 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. On the flip side, you can spend less if you want a smaller solar panel system or cheaper solar panels.
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 don't have access to 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 savings from going solar.
Is it worth going solar in Dayton?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.