Solar Panel Cost Guide in Pahrump, NV (2024 Update)
- Pahrump Solar Installation Cost: $12,934
- 25-Year Savings: $24,701
- Payback Period: 9.2 Years
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Average Cost of Solar Panels in Pahrump
Find out what the average cost of a solar system is in Pahrump.
The average cost of a solar panel system in Pahrump is 3 per watt.To cover the typical energy usage of the average home in Pahrump, most homeowners require a 6.0-kilowatt system. Using the figure above, a solar installation costs around $12,934, or $18,496 before the federal solar tax credit of 0 is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy needs, the type of solar panels you want to get, your solar contractor and more.With average savings of about $22,000 on power bills over 20 years, many homeowners in Pahrump find going solar can be quite rewarding.
For a customized quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Pahrump
| Year | Return on Investment |
|---|---|
| 1 years | $-11,425 |
| 3 years | $-8,406 |
| 5 years | $-5,387 |
| 7 years | $-2,368 |
| 9 years | $650 |
| 11 years | $3,669 |
| 13 years | $6,688 |
| 15 years | $9,707 |
| 17 years | $12,726 |
| 19 years | $15,744 |
| 21 years | $18,763 |
| 23 years | $21,782 |
| 25 years | $24,801 |
Top Solar Installers in Pahrump
Although you can install solar panels by yourself, it requires extra labor and handiness. That's why most homeowners choose a solar panel installer. Some solar companies, especially local ones, can help you better understand incentives in Pahrump, optimizing your ROI.
If you're on the hunt for a solar installer in Pahrump, the EcoWatch team has put together 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
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 Pahrump
Factors that Affect Solar Panel Costs in Pahrump
Even though the average cost of a solar system in Pahrump is $12,934, your actual cost may be above or below the average. There are many factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to consider.
Solar Equipment
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, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power production use 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 $3,080.The type of 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, higher efficiency could save you more in the long run on your energy bills. Additionally, add-on products, such as solar batteries, can bump up your total well above the Pahrump average.
Solar Financing Terms
Most solar installers in Pahrump provide solar loans, which reduce the initial cost of installing solar panels.However, the interest on solar loans also adds to your all-in costs, so it’s crucial to take that into consideration as well. You can always bring down the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar panel installer you choose will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or extra services like electric car 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 | $3.20 | $13,453 | $21,834 | 9.5 years |
| 8 kW | $3.14 | $17,593 | $29,457 | 9.3 years |
| 10 kW | $3.08 | $21,560 | $37,253 | 9.2 years |
| 12 kW | $3.02 | $25,355 | $45,221 | 9.0 years |
| 14 kW | $2.96 | $28,977 | $53,361 | 8.8 years |
| 16 kW | $2.90 | $32,426 | $61,674 | 8.6 years |
| 18 kW | $2.83 | $35,703 | $70,160 | 8.4 years |
| 20 kW | $2.77 | $38,808 | $78,818 | 8.2 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because selecting a company can be a challenge, we have some tips to help you, such as:
- Contract: Before signing a contract with a solar company, make sure you 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 the warranty covers and what services you can expect from them.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years in most cases offer high-quality solar panel installation and expertise.
- Solar Panel Brands: The model of solar panel you need to get plays a role in which installer you should go with, since different companies offer different panels.
- Warranty: If you’re concerned about the longevity of your solar panel system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
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 Pahrump, NV Solar Cost FAQs
What is the average cost of installing solar panels in Pahrump?
The average cost of solar panels in Pahrump is about $15,400 for a 5-kW system and $30,800 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Pahrump?
You can’t get solar panels for free in Pahrump. 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.
Do solar panels increase your home value?
Buying or financing solar panels for your home can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Pahrump is currently $336,639, which means you could be looking at a value of about $13,802 more than houses without a solar system. The specific figures will vary, but most experts agree that installing solar panels in Pahrump is a rewarding investment.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.