Solar Panel Cost Guide in Johnson Lane, NV (2023 Update)
- Johnson Lane Solar Installation Cost: $10,711
- 25-Year Savings: $19,283
- Payback Period: 8.9 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Johnson Lane
We go over average solar pricing in Johnson Lane.
The average cost of a solar system in Johnson Lane is 2.52 per watt. The average solar panel system size in Johnson Lane is around 6.1 kilowatts, meaning a cost of about $10,707 for a solar installation, or $15,311 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy needs, the type of solar panels you want to get, your solar contractor and more. Many homeowners find going solar is a sound investment. The average homeowner in Johnson Lane can save around $19,000 on their electricity bills over 20 years.
Click the button below to get connected to a highly rated solar company in your area for a custom quote.
Solar savings over time in Johnson Lane
| Year | Return on Investment |
|---|---|
| 1 years | $-9,540 |
| 3 years | $-7,197 |
| 5 years | $-4,854 |
| 7 years | $-2,512 |
| 9 years | $-169 |
| 11 years | $2,174 |
| 13 years | $4,517 |
| 15 years | $6,859 |
| 17 years | $9,202 |
| 19 years | $11,545 |
| 21 years | $13,887 |
| 23 years | $16,230 |
| 25 years | $18,573 |
Top Solar Installers in Johnson Lane
Although it's possible to install solar panels by yourself, it takes extra labor and expertise. Because of that, most homeowners choose a solar panel installer. Another great thing about using a top solar installer is that it'll usually provide warranties and free repairs, which help protect your solar investment.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some near you:
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 Johnson Lane
Factors that Affect Solar Panel Costs in Johnson Lane
Though the average cost of a solar system in Johnson Lane is $10,707, 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
One of the most significant factors to consider when it comes to the cost of installing solar panels 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 spend around $2,520 per kilowatt in Johnson Lane. The type of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when looking for a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Johnson Lane have solar loans, which reduce your upfront costs of installing solar panels. When trying to figure out 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
The solar panel installer you pick will impact your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. Additionally, some companies in Johnson Lane know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you 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 | $18,631 | 9.3 years |
| 8 kW | $2.57 | $14,394 | $25,123 | 9.1 years |
| 10 kW | $2.52 | $17,640 | $31,756 | 8.9 years |
| 12 kW | $2.47 | $20,745 | $38,531 | 8.7 years |
| 14 kW | $2.42 | $23,708 | $45,447 | 8.6 years |
| 16 kW | $2.37 | $26,531 | $52,504 | 8.4 years |
| 18 kW | $2.32 | $29,212 | $59,702 | 8.2 years |
| 20 kW | $2.27 | $31,752 | $67,041 | 8.0 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose greatly influences your costs and your system's durability and efficiency, it's important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: It's important to read through your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the project timeline.
- Warranty: A high-quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: When making the switch to solar energy, it's necessary to keep an open line of communication with your solar panel company. Make sure you understand how the installation process works and the completion timeline.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you ask for their list of options before deciding.
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 Johnson Lane, NV Solar Cost FAQs
How much does it cost to install solar panels in Johnson Lane?
The average cost of solar panels in Johnson Lane 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 things like the model of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider aside from cost when buying solar panels?
Cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In areas where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Does Johnson Lane have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future utility bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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.