Solar Panel Cost Guide in Enterprise, NV (Sep 2022)

  • Enterprise Solar Installation Cost: $10,196
  • 25-Year Savings: $25,296
  • Payback Period: 7.2 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Enterprise

Find out what the average cost of solar panel installation is in Enterprise.

In Enterprise, solar panels cost about $3 per watt on average. To account for the typical energy usage of the average home in Enterprise, most homeowners require a 5.8-kilowatt system. Using the figure above, a solar installation costs around $10,196, or $7,545 after the federal solar tax credit of 30% is applied.

How much you pay can be higher or lower than the average in Enterprise depending on several factors, such as the brand of solar panels you choose and the solar company you hire. Even with the high initial cost, the average Enterprise homeowner can save around $23,000 on their electricity bills over 20 years, which is one of the perks of solar.

Click the button below to get connected to a vetted solar panel company in your area for a custom estimate.

Solar savings over time in Enterprise

Year Return on Investment
1 years $-8,776
3 years $-5,937
5 years $-3,098
7 years $-258
9 years $2,581
11 years $5,420
13 years $8,260
15 years $11,099
17 years $13,938
19 years $16,778
21 years $19,617
23 years $22,456
25 years $25,296

Top Solar Installers in Enterprise

When going solar, many homeowners choose to go with a solar company since handling can be a challenging project. A solar installer can also help save you money over the lifespan of your system by providing warranties, repairs and component replacements.

Working with a vetted solar installer can help your solar project go smoothly. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Enterprise

Factors that Affect Solar Panel Costs in Enterprise

The cost of installing a solar system in Enterprise can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.

Solar Equipment Size

The cost of solar panels varies by thousands of dollars due to some different factors. One of the major factors is the system size. Solar power systems that have better efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,520. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more over time on your energy bills. In addition, extra products, such as solar batteries, can bump up your total well above the Enterprise average.

Solar Financing Terms

Most solar companies in Enterprise provide solar loans, which reduce your upfront costs of installing solar panels. While solar loans make adopting solar energy more accessible for Enterprise homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

A final factor to keep in mind when trying to estimate the cost of solar for your home or business in Enterprise is the company you hire to install your solar system. As with choosing a company to install new cabinets, for example, there's no shortage of solar installers that provide a range of services at different costs. Additionally, some companies in Enterprise are more knowledgeable about local solar incentives and can help you take advantage of additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save more money in the long run.

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 $25,833 7.5 years
8 kW $2.57 $14,394 $34,727 7.3 years
10 kW $2.52 $17,640 $43,761 7.2 years
12 kW $2.47 $20,745 $52,937 7.0 years
14 kW $2.42 $23,708 $62,254 6.9 years
16 kW $2.37 $26,531 $71,711 6.8 years
18 kW $2.32 $29,212 $81,310 6.6 years
20 kW $2.27 $31,752 $91,051 6.5 years

Solar Incentives in Enterprise

Name Southwest Gas Corporation - Residential Energy Efficiency Rebate Program
Website Visit here
More Info Click here

Name Southwest Gas Corporation - Smarter Greener Better Solar Water Heating Program
Website Visit here
More Info Click here

Name NV Energy - Clean Energy Incentive Program
Website Visit here
More Info Click here

Name Portfolio Energy Credits
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:

  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
  • Installation Process: When going solar, it's necessary to keep an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project timeline.
  • Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Even though there are many options for which brand of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to take a look at their list of offerings before making your decision.
  • Contract: When reading over your solar company's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system component breaking or the company going out of business.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Enterprise, NV Solar Cost FAQs

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

The average cost of solar panels in Enterprise is about $12,600 for a 5-kW system and $25,200 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the kind of solar panels you want, what size system you need and how much energy you use.

What other factors should I consider in addition to cost when buying solar panels?

Cost is certainly one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Is it worth going solar in Enterprise?

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.

What solar power system size is right for my home?

To figure out how many solar panels you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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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