Solar Panel Cost Guide in Fernley, NV (2025 Update)
- Fernley Solar Installation Cost: $13,137
- 25-Year Savings: $16,147
- Payback Period: 10.9 Years
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Average Cost of Solar Panels in Fernley
We break down average solar pricing in Fernley.
The national average cost of solar panels is $2.66 per watt, but in Fernley it’s 3 per watt.Since a 6.1-kW system is needed to cover the energy needs of a typical home in Fernley, the average price of going solar will be about $13,137 after claiming the federal solar tax credit of 0.
These figures are only estimates, and the cost of going solar for you will most likely look different based on factors unique to your home and what company you go with.Despite the significant upfront cost, the average Fernley homeowner can save around $19,000 on their power bills over 20 years, which is one of the positives of solar.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Fernley
| 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 Fernley
Many homeowners opt for a solar panel company since trying to put up solar panels yourself can be time-consuming. Another great thing about choosing a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar system over time.
If you're looking for a solar installer in Fernley, the EcoWatch team has compiled a list of our top suggestions here:
See all of the solar companies in Fernley
Factors that Affect Solar Panel Costs in Fernley
Although the average cost of a solar system in Fernley is $13,137, your final cost may differ. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,080. The brand and type of equipment you choose for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often have a higher price tag than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have a small roof or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Fernley to be prohibitively expensive, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest.You’ll have to consider the long-term cost of loans, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs remarkably.
Solar Panel Installation Company
The solar installation company you select will play a role in your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It’s best to do some research and decide on the company that has the products, warranties and services you’re looking for and also is 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 | $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
Since the model of solar panels and the installation company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Warranty: A comprehensive, long-term warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
- 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 good reputation and is qualified to do the job well. Another way you can verify your installer’s reputation is by reading reviews.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you go with.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
EcoWatch's Fernley, NV Solar Cost FAQs
How much does it cost to install solar panels in Fernley?
The average cost of solar panels in Fernley is about $15,400 for a 5-kW system and $30,800 for a 10-kW system before the ITC, but the actual cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Fernley?
Solar panels aren’t free in Fernley, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels eliminate my energy bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Fernley, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels should I get to power my home?
To figure out what solar panel system size 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 home 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.