Solar Panel Cost Guide in Nellis AFB, NV (2023 Update)
- Nellis AFB Solar Installation Cost: $10,196
- 25-Year Savings: $23,716
- Payback Period: 7.5 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Nellis AFB
We go over average solar pricing in Nellis AFB.
While the national average of solar panels is $2.66 per watt, solar panels in Nellis AFB typically cost around 2.52. Because a 5.8-kW system is needed to cover the energy costs of a typical home in Nellis AFB, the average price of going solar will be about $10,196 after claiming the federal solar tax credit of 30%.
The true cost of your system can be higher or lower than the average in Nellis AFB depending on a variety of factors, such as the model of solar panels you choose and the solar contractor you hire. With average savings of about $22,000 on utility bills over 20 years, many homeowners in Nellis AFB find investing in solar can pay off big.
You can click the button below to get connected with a vetted solar installer in Nellis AFB that can help you get a more accurate cost estimate for your home.
Solar savings over time in Nellis AFB
| Year | Return on Investment |
|---|---|
| 1 years | $-8,859 |
| 3 years | $-6,184 |
| 5 years | $-3,509 |
| 7 years | $-834 |
| 9 years | $1,841 |
| 11 years | $4,516 |
| 13 years | $7,191 |
| 15 years | $9,865 |
| 17 years | $12,540 |
| 19 years | $15,215 |
| 21 years | $17,890 |
| 23 years | $20,565 |
| 25 years | $23,240 |
Top Solar Installers in Nellis AFB
Many homeowners opt for a solar panel installer since trying to put up solar panels by yourself can be time-consuming. Plus, if you aren't sure what brand of solar panels and equipment you need, a solar company can help you find the right equipment for you after a site survey and consultation.
If you're on the hunt for a solar installer in Nellis AFB, we've 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 Nellis AFB
Factors that Affect Solar Panel Costs in Nellis AFB
Cost is typically one of the most important factors for homeowners who are considering investing in solar. There are a few primary factors that affect your total cost in Nellis AFB: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use. The brand of solar panels and equipment you want is another factor that will greatly affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions about 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's in your budget.
Solar Financing Terms
Solar panels can save you money on power bills over time, but they can also be a significant investment. That's why many Nellis AFB homeowners choose to finance their solar panel systems to make going solar more affordable. However, the interest on solar loans also adds to your total costs, so it's crucial to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
A final factor to consider when trying to figure out the cost of solar for your home or business in Nellis AFB is the company you choose to install your PV system. As with choosing a company to renovate your kitchen, for instance, you'll have many options for solar installers that offer a range of services at different costs. Companies that only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come at a higher cost. It's best to do some research and decide on the company that provides the products, warranties and services you're looking for and also fits within 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 | $2.62 | $11,007 | $24,194 | 7.8 years |
| 8 kW | $2.57 | $14,394 | $32,541 | 7.7 years |
| 10 kW | $2.52 | $17,640 | $41,029 | 7.5 years |
| 12 kW | $2.47 | $20,745 | $49,658 | 7.4 years |
| 14 kW | $2.42 | $23,708 | $58,428 | 7.2 years |
| 16 kW | $2.37 | $26,531 | $67,340 | 7.1 years |
| 18 kW | $2.32 | $29,212 | $76,392 | 6.9 years |
| 20 kW | $2.27 | $31,752 | $85,586 | 6.8 years |
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose significantly impacts your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Different companies will have different brands and kinds of panels. If you know you want a specific brand, make sure the solar installer you're considering has it.
- Reputation: Long-standing companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer support, such as part repairs and replacements.
- Warranty: If you're concerned about the longevity of your solar panels, verifying that your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Installation Process: An important thing to understand when adopting solar power is the installation process itself. Be sure to clarify any details you should know with your solar installer, such as what permits you should acquire and what the project timeline is.
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 Nellis AFB, NV Solar Cost FAQs
What is the average cost of installing solar panels in Nellis AFB?
The average cost of solar panels in Nellis AFB is about $12,600 for a 5-kW system and $25,200 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Nellis AFB?
You can't get solar panels for free in Nellis AFB. 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'd prefer to own your solar panels, you can finance them with a solar loan.
Can you sell solar power back to the grid in Nellis AFB?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future electricity bills.
How long do solar panels last in Nellis AFB?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level of energy production.
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.