Solar Panel Cost Guide in Moapa Valley, NV (2024 Update)
- Moapa Valley Solar Installation Cost: $12,462
- 25-Year Savings: $20,557
- Payback Period: 10.1 Years
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Average Cost of Solar Panels in Moapa Valley
Here’s how much it might cost to install solar panels in Moapa Valley.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Moapa Valley, the typical cost of a solar system is 3 per watt.Because a 5.8-kW system is needed to cover the energy consumption of a typical home in Moapa Valley, the average price of going solar will be about $12,462 after claiming the federal solar tax credit of 0.
These figures are just estimates, and the cost of going solar for you will most likely differ based on factors unique to your home and what company you want to go with.For many homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $20,000 in savings on utility bills over 20 years.
To receive a free quote from a pre-vetted solar installation company in Moapa Valley, you can click the button below.
Solar savings over time in Moapa Valley
Year | Return on Investment |
---|---|
1 years | $-11,266 |
3 years | $-8,874 |
5 years | $-6,482 |
7 years | $-4,089 |
9 years | $-1,697 |
11 years | $695 |
13 years | $3,088 |
15 years | $5,480 |
17 years | $7,872 |
19 years | $10,264 |
21 years | $12,657 |
23 years | $15,049 |
25 years | $17,441 |
Top Solar Installers in Moapa Valley
Trying to install solar panels yourself can be a difficult task, which is why using a solar installer is a good option for many homeowners. The payback period on an investment in solar panels will vary depending on factors like your location and energy usage, but working with a solar installer can shorten that period. Your provider will be able to help you identify incentives available in your area.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
Best National Provider
SunPower
- 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
- 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 Moapa Valley
Factors that Affect Solar Panel Costs in Moapa Valley
There are several factors that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
When it comes to estimating the price of a solar panel system in Moapa Valley, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can gauge by looking at past electricity bills. Your total cost can increase by around $3,080 for each additional kilowatt you need.The brand and kind of equipment you get for your solar system can increase or decrease the price quite significantly. If you prefer a trusted 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 limited roof space 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 additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Moapa Valley to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar company in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also result in a higher cost over time because of 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 more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The final key cost factor you should consider is the installer you choose. Given the massive popularity of clean energy solutions in Moapa Valley, you’ll have many options to choose from, but each comes at various price points for labor and equipment.Additionally, some companies in Moapa Valley 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 walking you through the whole process. 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 | $3.20 | $13,453 | $18,469 | 10.5 years |
8 kW | $3.14 | $17,593 | $24,970 | 10.3 years |
10 kW | $3.08 | $21,560 | $31,644 | 10.1 years |
12 kW | $3.02 | $25,355 | $38,491 | 9.9 years |
14 kW | $2.96 | $28,977 | $45,509 | 9.7 years |
16 kW | $2.90 | $32,426 | $52,701 | 9.5 years |
18 kW | $2.83 | $35,703 | $60,064 | 9.3 years |
20 kW | $2.77 | $38,808 | $67,601 | 9.1 years |
How to Save on Solar Panels
Since the type of solar panels and the installer you choose has an impact on your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on repairs and maintenance.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like EcoWatch.
- Contract: Review the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
Best National Provider
SunPower
- 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
- 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 Moapa Valley, NV Solar Cost FAQs
What is the average cost of installing solar panels in Moapa Valley?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $15,400 for a 5-kW system and $30,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
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 keep in mind are the quality and durability of your solar panels.
Is switching to solar power worth it?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already fairly low, solar panels might not be for you.
What solar power system size is right for 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 generally 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.
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.