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.
The national average cost of solar panels is $2.66 per watt, but in Moapa Valley it’s 3 per watt.To cover the typical energy usage of the average home in Moapa Valley, most homeowners require a 5.8-kilowatt system. Using the figure above, a solar installation costs around $12,462, or $17,821 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of going solar can vary depending on multiple factors, such as how many panels you need, your energy usage and what installation company you go with.Even with the high initial cost, the average Moapa Valley homeowner can save around $20,000 on their energy bills over 20 years, which is one of the advantages of solar.
Click the button below to get connected to a top solar company in Moapa Valley for a customized quote.
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
Although it's possible to install solar panels by yourself, it involves extra time and know-how. That's one of the reasons almost all homeowners choose a solar panel installer. The payback period of solar panels will vary based on factors like your location and energy consumption, but working with a solar installer can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.
If you’d like to switch to solar energy but still aren’t certain which solar panel installer to go with, here are our recommendations for providers 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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Moapa Valley
Factors that Affect Solar Panel Costs in Moapa Valley
The cost of installing a solar system in Moapa Valley can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The size of the solar panel system you need for your household, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $3,080. The brand and type of equipment you want for your solar system can increase or decrease the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price 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 will be looking at a higher equipment cost, but this can typically lead to greater 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 Moapa Valley to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar installer in the area offers financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in a higher cost 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 more than the principal cost. Making a larger down payment or finding a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can have an effect on your total costs. There are about 3 solar installation companies in Moapa Valley, and each can charge varying amounts for labor and equipment.Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and find a company that offers the products, warranties and services you’re looking for and also fit into 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 | $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
The company that does your system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be difficult, we have some tips to help you, such as:
- Warranty: If you’re concerned about the durability of your solar panels, making sure your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- Reputation: Make sure your solar company has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by past customers and solar experts like the EcoWatch team.
- Contract: When reading over your solar company’s contract, ask for clarification about any terms you’re not sure of and be sure you understand what happens in scenarios such as a system part breaking or the company going out of business.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Moapa Valley, NV Solar Cost FAQs
What is the average cost of installing solar panels in Moapa Valley?
The average cost of solar panels in Moapa Valley is about $15,400 for a 5-kW system and $30,800 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to keep in mind 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.