Solar Panel Cost Guide in Las Vegas, NV (Sep 2022)

  • Las Vegas Solar Installation Cost: $10,196
  • 25-Year Savings: $25,275
  • 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 Las Vegas

Find out what the average cost of installing solar panels is in Las Vegas.

The national average cost of solar panels is $2.66 per watt, but in Las Vegas it's $3 per watt. The average solar panel system size in Las Vegas is around 5.8 kilowatts, meaning a cost of about $10,196 for a solar installation, or $7,545 after 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 consumption, the type of equipment you choose, your solar contractor and more. For most homeowners, the upfront investment in solar is worth paying. On average Las Vegas homeowners see about $23,000 in savings on energy bills over 20 years.

To receive a free quote from a highly rated solar installer in Las Vegas, you can click the button below.

Solar savings over time in Las Vegas

Year Return on Investment
1 years $-8,777
3 years $-5,939
5 years $-3,102
7 years $-264
9 years $2,573
11 years $5,411
13 years $8,249
15 years $11,086
17 years $13,924
19 years $16,762
21 years $19,599
23 years $22,437
25 years $25,275

Top Solar Installers in Las Vegas

Many homeowners opt for a solar installer since figuring out how to install solar panels by yourself can be a labor-intensive endeavor. A solar company can also help save you money in the long run by providing warranties, repairs and part replacements.

You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Las Vegas:

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 Las Vegas

Factors that Affect Solar Panel Costs in Las Vegas

Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that affect your total cost in Las Vegas: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.

Solar Equipment Size

The size of the solar energy system you need is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,520. The kind of solar panels and equipment you choose is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Furthermore, solar equipment is more than just the solar panels themselves. You'll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when searching for a solar system that falls within your budget.

Solar Financing Terms

For some homeowners, paying for a solar system out of pocket can be difficult. Solar loans are offered by most installers in Las Vegas, which can lower, or in some cases totally eliminate, your upfront costs to make solar more affordable. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal 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 installer you go with to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Las Vegas, and each can charge different amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have 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 $25,811 7.5 years
8 kW $2.57 $14,394 $34,697 7.3 years
10 kW $2.52 $17,640 $43,724 7.2 years
12 kW $2.47 $20,745 $52,892 7.0 years
14 kW $2.42 $23,708 $62,202 6.9 years
16 kW $2.37 $26,531 $71,652 6.8 years
18 kW $2.32 $29,212 $81,244 6.6 years
20 kW $2.27 $31,752 $90,976 6.5 years

Solar Incentives in Las Vegas

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

The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because picking a company can be difficult, we have some tips to help you, such as:

  • Warranty: Warranties that provide coverage for defective panels and repairs over around 25 years are the gold standard in the business, and offering such a warranty is one indication of a quality company.
  • Reputation: Make sure your solar installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like the EcoWatch team.
  • Solar Panel Brands: The kind of solar panel you'd like to get plays a part in which company you should choose, since different companies have different panels.
  • Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should acquire and what the project timeline is.

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 Las Vegas, NV Solar Cost FAQs

What is the average cost of installing solar panels in Las Vegas?

This is a tough question to answer exactly, because the cost depends on many factors. Broadly 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 be more expensive if you want extra solar equipment or more efficient panels, or if you have above-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.

Is cost the most important thing to consider when buying solar panels?

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

How will installing solar panels impact my home value?

Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."

How often do you have to replace solar panels?

Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.

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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