Solar Panel Cost Guide in North Las Vegas, NV (Aug 2022)

  • North Las Vegas Solar Installation Cost: $10,779
  • 25-Year Savings: $24,318
  • Payback Period: 7.7 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 7/19/2022

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Average Cost of Solar Panels in North Las Vegas

We go over average solar pricing in North Las Vegas.

Currently, the national average cost of solar panels is $2.66 per watt. However, in North Las Vegas, the typical cost of solar panels is $3 per watt. The average solar panel system size in North Las Vegas is around 5.8 kilowatts, meaning a cost of about $10,779 for a solar installation, or $7,976 after the federal solar tax credit is applied.

The prices above are just estimates to give you an idea of the cost of solar panels. The actual cost of going solar can vary quite a bit depending on several factors, such as how many panels you need, your energy usage and what company you go with. Many homeowners find adopting solar power is a rewarding investment. The average homeowner in North Las Vegas can save around $23,000 on their energy bills over 20 years.

For a free 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 $-9,375
3 years $-6,567
5 years $-3,759
7 years $-951
9 years $1,856
11 years $4,664
13 years $7,472
15 years $10,280
17 years $13,087
19 years $15,895
21 years $18,703
23 years $21,511
25 years $24,318

Top Solar Installers in North Las Vegas

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring a solar company can make your switch to solar much easier. Since solar panels are exposed to the elements every day, warranties and repairs from your solar installer can help you get the most out of your investment in solar panels by avoiding potential costs down the line.

Working with a vetted solar company can help you make the most of your investment in solar. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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

There are many factors that can determine your solar panel 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 Size

The cost of solar panels varies by thousands of dollars due to a few different factors. One of the key factors is the system size. Solar power systems with greater efficiency or power production need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $2,520. There are a lot of different solar panel brands and the one you choose also changes the cost. Usually, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Solar panels can save you money on utility bills over time, but they can also be a significant investment. That's why many North Las Vegas homeowners choose to finance their solar panel systems to make paying for solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you choose to go with a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

Finally, the company you get to install your solar panels can play a role in determining your pricing. North Las Vegas's solar companies all have different labor costs and add varying upcharges to equipment. The size of the company sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger companies.

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 $11,636 $24,795 8.0 years
8 kW $2.57 $15,217 $33,358 7.8 years
10 kW $2.52 $18,648 $42,070 7.7 years
12 kW $2.47 $21,930 $50,932 7.5 years
14 kW $2.42 $25,063 $59,943 7.4 years
16 kW $2.37 $28,047 $69,102 7.2 years
18 kW $2.32 $30,881 $78,412 7.1 years
20 kW $2.27 $33,566 $87,870 6.9 years

Solar Incentives in North Las Vegas

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name NV Energy - Clean Energy Incentive Program
Incentive Amount Solar (As of 9/24/18):
Residential/Commercial/Industrial (25 kW or smaller): $0.20 / watt-AC
Low Income/Nonprofit/Public Entity (25 kW or smaller): $0.45 / watt-AC
Residential/Commercial/Industrial (greater than 25 kW): $0.0250 / kWh
Low Income/Nonprofit/Public Entity (greater than 25 kW): $0.0550 / kWh

Wind (As of 9/24/18):
Residential/Commercial/Industrial: $0.40 / watt-AC
Low Income/Nonprofit/Public Entity: $0.80 / watt-AC
Website Visit here
More Info Click here

Name Portfolio Energy Credits
Incentive Amount Varies; higher value for solar PECs than other technologies
Website Visit here
More Info Click here

How to Save on Solar Panels

The company that does your solar panel installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:

  • Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
  • Contract: Review the contract terms carefully to make sure you understand the total cost, project completion timeline rebates and warranties.
  • Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
  • Warranty: An all-inclusive, long-term warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.

Best National Provider

SunPower

★★★★★
5.0

  • 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

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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

How much does it cost to install 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 certain factors like the model of solar panels you want, what size system you need and how much energy you use.

Should I lease or buy solar panels in North Las Vegas?

Leasing solar panels can be an option if you can't afford to pay upfront or get a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your property value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most bang for your buck from going solar.

How much can I save on energy bills after installing solar panels?

It is possible to erase your electricity bills with solar panels, but for most homeowners throughout North Las Vegas, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy needs and the average daily sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to install between 20 and 35 panels to cover their typical energy usage.

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.

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