Solar Panel Cost Guide in North Las Vegas, NV (Mar 2023)
- North Las Vegas Solar Installation Cost: $10,196
- 25-Year Savings: $24,901
- Payback Period: 7.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in North Las Vegas
Let's take a look at the average cost of solar panels in North Las Vegas.
The national average cost of solar panels is $2.66 per watt, but in North Las Vegas it's 2.52 per watt. To account for the typical energy usage of the average home in North Las Vegas, most homeowners require a 5.8-kilowatt system. Using the per-watt figure above, a solar installation costs around $10,196, or $14,580 before the federal solar tax credit of 30% is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar may vary based on your household energy use, the type of solar system you want, your solar contractor and more. For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $23,000 in savings on 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 North Las Vegas
| Year | Return on Investment |
|---|---|
| 1 years | $-8,792 |
| 3 years | $-5,984 |
| 5 years | $-3,177 |
| 7 years | $-369 |
| 9 years | $2,439 |
| 11 years | $5,247 |
| 13 years | $8,055 |
| 15 years | $10,862 |
| 17 years | $13,670 |
| 19 years | $16,478 |
| 21 years | $19,286 |
| 23 years | $22,093 |
| 25 years | $24,901 |
Top Solar Installers in North Las Vegas
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of a solar company can make swapping over to solar power much easier. Another great thing about using a reputable solar installer is that it'll likely provide warranties and free repairs, which help protect your solar investment.
You can work with a local solar installer to get a free estimate on how much your investment in solar could cost for your home. Here are some nearby:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 North Las Vegas
Factors that Affect Solar Panel Costs in North Las Vegas
For many North Las Vegas homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in North Las Vegas, 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
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That's why it's important to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs. There are a lot of different solar panel brands and the one you choose also changes the cost. Typically, the brands that offer higher efficiency tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a solid option because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. It's wise to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The final major cost factor you should keep in mind is the installer you choose. Given the massive popularity of sustainable energy solutions in North Las Vegas, you'll have lots of options to choose from, but each comes at different price points for labor and equipment. Some companies 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 find a company that provides the products, warranties and services you want and also is 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 | $25,424 | 7.6 years |
| 8 kW | $2.57 | $14,394 | $34,180 | 7.4 years |
| 10 kW | $2.52 | $17,640 | $43,078 | 7.3 years |
| 12 kW | $2.47 | $20,745 | $52,117 | 7.1 years |
| 14 kW | $2.42 | $23,708 | $61,297 | 7.0 years |
| 16 kW | $2.37 | $26,531 | $70,619 | 6.8 years |
| 18 kW | $2.32 | $29,212 | $80,081 | 6.7 years |
| 20 kW | $2.27 | $31,752 | $89,684 | 6.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
- Contract: Before you sign a contract with a solar installer, make sure to look it over completely so you understand the terms. Also, ask questions if you aren't sure about some of the terms, such as what to do if a part breaks or malfunctions and if there are any guarantees about energy production.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can verify your installer's reputation is by reading reviews.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to clarify any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
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 North Las Vegas, NV Solar Cost FAQs
What is the average cost of installing solar panels in North Las Vegas?
The average cost of solar panels in North Las Vegas is about $12,600 for a 5-kW system and $25,200 for a 10-kW system before the ITC, but the real cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in North Las Vegas?
A solar panel system isn't free in North Las Vegas, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
How much can I save on electricity bills after installing solar panels?
Solar panels can potentially eliminate your electricity bills depending on where you're located and the efficiency of your system. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $1,214.36 per year.
How often do you have to replace solar panels?
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 higher amount 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.