Solar Panel Cost Guide in Mesquite, NV (2023 Update)
- Mesquite Solar Installation Cost: $10,196
- 25-Year Savings: $20,558
- Payback Period: 8.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Mesquite
Here's how much it might cost to make the switch to solar in Mesquite.
The national average cost of solar panels is $2.66 per watt, but in Mesquite it's 2.52 per watt. Since a 5.8-kW system is needed to cover the energy costs of a typical home in Mesquite, the average price of going solar will be about $10,196 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average energy use of Mesquite homeowners. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find installing a solar system is a sound investment. The average homeowner in Mesquite can save around $20,000 on their energy bills over 20 years.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Mesquite
| Year | Return on Investment |
|---|---|
| 1 years | $-8,966 |
| 3 years | $-6,505 |
| 5 years | $-4,045 |
| 7 years | $-1,585 |
| 9 years | $875 |
| 11 years | $3,336 |
| 13 years | $5,796 |
| 15 years | $8,256 |
| 17 years | $10,717 |
| 19 years | $13,177 |
| 21 years | $15,637 |
| 23 years | $18,098 |
| 25 years | $20,558 |
Top Solar Installers in Mesquite
Many homeowners opt for a solar installer since trying to put up solar panels yourself can be time-consuming. Companies can also provide access to a large variety of the best solar panels and help you pick which one will be best for your home.
If you're searching for a solar installer in Mesquite, the EcoWatch team has organized a list of our top suggestions here:
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 Mesquite
Factors that Affect Solar Panel Costs in Mesquite
For many Mesquite homeowners, the decision to install solar panels depends on cost. However, the range of solar installation costs can be quite wide in Mesquite, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher 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. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Mesquite, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be difficult. Solar loans are provided by most installers in Mesquite, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The last major cost factor you should keep in mind is the installer you choose. Given the massive popularity of green energy solutions in Mesquite, you'll have plenty of options to choose from, but each comes at varying price points 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 additional services like electric car 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 | $20,915 | 8.6 years |
| 8 kW | $2.57 | $14,394 | $28,169 | 8.5 years |
| 10 kW | $2.52 | $17,640 | $35,564 | 8.3 years |
| 12 kW | $2.47 | $20,745 | $43,100 | 8.1 years |
| 14 kW | $2.42 | $23,708 | $50,778 | 8.0 years |
| 16 kW | $2.37 | $26,531 | $58,596 | 7.8 years |
| 18 kW | $2.32 | $29,212 | $66,556 | 7.6 years |
| 20 kW | $2.27 | $31,752 | $74,657 | 7.5 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:
- Contract: Before you sign a contract with a solar installer, be sure to read it through fully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and if there are any guarantees about energy production.
- Solar Panel Brands: The model of solar panel you'd like to install plays a part in which installer you should go with, since different companies offer different panels.
- Warranty: A high-quality company stands out from other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable 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 research your installer's reputation is by reading reviews.
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 Mesquite, NV Solar Cost FAQs
What is the average cost of installing solar panels in Mesquite?
This is a tough question to answer exactly, 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 be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Mesquite?
You can't get solar panels for free in Mesquite. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How will solar panels impact my property value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Mesquite is currently $236,054, so you could be looking at a value of about $9,678 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Mesquite is a rewarding investment.
How long do solar panels last in Mesquite?
Although 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 their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use 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.