Solar Panel Cost Guide in Pahrump, NV (Mar 2023)
- Pahrump Solar Installation Cost: $10,584
- 25-Year Savings: $24,699
- Payback Period: 7.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Pahrump
Find out what the average cost of solar panels are in Pahrump.
While the national average of solar panels is $2.66 per watt, solar panels in Pahrump generally cost about 2.52. To cover the typical energy needs of the average home in Pahrump, most homeowners require a 6.0-kilowatt system. Using the figure above, a solar installation costs about $10,584, or $15,135 before the federal solar tax credit of 30% is applied.
These figures are just averages, and how much solar costs for you will vary based on your energy needs and what company you want to go with. For most homeowners, the upfront investment in solar power is worth paying. On average you could be looking at about $22,000 in savings on electricity bills over 20 years.
You can click the button below to get connected with a top solar installer in Pahrump that can help you get a more accurate cost estimate for your home.
Solar savings over time in Pahrump
| Year | Return on Investment |
|---|---|
| 1 years | $-9,173 |
| 3 years | $-6,350 |
| 5 years | $-3,527 |
| 7 years | $-705 |
| 9 years | $2,118 |
| 11 years | $4,941 |
| 13 years | $7,763 |
| 15 years | $10,586 |
| 17 years | $13,408 |
| 19 years | $16,231 |
| 21 years | $19,054 |
| 23 years | $21,876 |
| 25 years | $24,699 |
Top Solar Installers in Pahrump
Trying to install solar panels yourself can be a stressful undertaking, which is why hiring a solar installation company is a good option for many homeowners. Solar warranties and repairs are typically included in the cost of installation when you sign a contract with a solar contractor as well, which can save you more money after your initial investment.
If you'd like to switch to solar energy but still aren't sure which solar panel installer to go with, here are our suggestions for providers near you:
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 Pahrump
Factors that Affect Solar Panel Costs in Pahrump
There are many criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. That's why it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Pahrump, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don't have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is out of reach, solar loans are a solid route because they reduce your upfront costs and let you pay for your system over five to seven years on average. It's a good idea 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 back the loan.
Solar Panel Installation Company
Lastly, the company you hire to install your solar panels can play a role in determining the cost. Pahrump's solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on 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 | $24,280 | 7.8 years |
| 8 kW | $2.57 | $14,394 | $32,656 | 7.6 years |
| 10 kW | $2.52 | $17,640 | $41,173 | 7.5 years |
| 12 kW | $2.47 | $20,745 | $49,831 | 7.3 years |
| 14 kW | $2.42 | $23,708 | $58,630 | 7.2 years |
| 16 kW | $2.37 | $26,531 | $67,570 | 7.0 years |
| 18 kW | $2.32 | $29,212 | $76,651 | 6.9 years |
| 20 kW | $2.27 | $31,752 | $85,874 | 6.7 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 models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Solar Panel Brands: Different companies will offer different brands and types of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
- Installation Process: When making the switch to solar energy, it's crucial to maintain an open line of communication with your solar panel installer. See to it that you understand how the installation process works and the project completion timeline.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on repairs and maintenance.
- Contract: Although reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and the terms of the warranty.
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 Pahrump, NV Solar Cost FAQs
How much does it cost to install solar panels in Pahrump?
The average cost of solar panels in Pahrump 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 kind of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Pahrump?
Solar panels aren't free in Pahrump, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can further reduce the cost.
Can you sell solar power back to the grid in Pahrump?
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 offer you credit toward your future power bills.
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 uses and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.