Solar Panel Cost Guide in North Las Vegas, NV (2023 Update)
- North Las Vegas Solar Installation Cost: $10,196
- 25-Year Savings: $24,901
- Payback Period: 7.3 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in North Las Vegas
Find out how much it might cost to go solar in North Las Vegas.
In North Las Vegas, solar panels cost about 2.52 per watt on average. Since a 5.8-kW system is needed to cover the energy costs of a typical home in North Las Vegas, the average price of going solar will be about $10,196 after claiming the federal solar tax credit of 30%.
These figures are just averages, and your own solar costs will vary based on your specific situation and what company you want to go with. Even with the significant upfront cost, the average North Las Vegas homeowner can save around $23,000 on their power bills over 20 years, which is one of the positives of solar.
You can click the button below to get connected with a vetted solar installer in North Las Vegas that can help you get a more accurate cost estimate for your home.
Solar savings over time in North Las Vegas
| 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 North Las Vegas
Many homeowners opt for a solar installer since figuring out how to install solar panels on your own can be time-consuming. Solar warranties and repairs are typically included in the cost of installation when you go with a solar company as well, which can save you more money over time.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some 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
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 install solar panels 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 several factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher 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. The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more in the long run on your power bills. In addition, extra products, like solar batteries, can bring your total well above the North Las Vegas average.
Solar Financing Terms
Many homeowners find the average cost of solar in North Las Vegas to be prohibitively steep, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to paying more over time due to interest. When considering your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The solar installer you go with to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar installation companies in North Las Vegas, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric vehicle charger installation, they might be cheaper overall.
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 many companies to choose from in North Las Vegas, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or if the company goes out of business.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to get the job done well. Another way you can verify your installer's reputation is by reading reviews.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and what the project timeline is.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and energy needs. Although there are many options for which model of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before making your decision.
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 North Las Vegas, NV Solar Cost FAQs
What is the average cost of installing solar panels in North Las Vegas?
This is a hard question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $12,600 for a 5-kW system and $25,200 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
Are solar panels free in North Las Vegas?
You can't get solar panels for free in North Las Vegas. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
Is making the switch to solar worth it?
Solar panels can be a fruitful investment for most 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.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger 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.