Solar Panel Cost Guide in Paradise, NV (Sep 2022)

  • Paradise Solar Installation Cost: $10,196
  • 25-Year Savings: $25,296
  • Payback Period: 7.2 Years

See cost of a solar system near you:

GET QUOTES
EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Paradise

Let's take a look at the average cost of solar panels in Paradise.

The average cost of solar panels in Paradise is $3 per watt. Using this figure, a typical 5.8 would cost about $10,196 before the 30% federal solar tax credit is applied.

The true price you pay can be above or below the average in Paradise based on several factors, such as the model of solar panels you choose and the solar company you hire. Many homeowners find adopting solar power is a solid investment. The average homeowner in Paradise can save around $23,000 on their energy bills over 20 years.

Click the button below to get connected to a vetted solar panel company in Paradise for a customized estimate.

Solar savings over time in Paradise

Year Return on Investment
1 years $-8,776
3 years $-5,937
5 years $-3,098
7 years $-258
9 years $2,581
11 years $5,420
13 years $8,260
15 years $11,099
17 years $13,938
19 years $16,778
21 years $19,617
23 years $22,456
25 years $25,296

Top Solar Installers in Paradise

Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Using a solar company can make converting to solar power much easier. Also, companies with a good reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.

Working with a vetted solar company can help your solar project go smoothly. 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 Paradise

Factors that Affect Solar Panel Costs in Paradise

For many Paradise homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Paradise, with typical prices between $20,000 to $40,000. There are a few factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

The size of the solar energy system you need for your household is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by about $2,520. 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. However, higher efficiency could save you more in the long run on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Paradise average.

Solar Financing Terms

Many homeowners find the average cost of solar in Paradise to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans drastically decrease upfront costs for most homeowners, but they also result in higher prices over time because of interest. While solar loans make going solar more accessible for Paradise homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you make a larger down payment, though, you can cut back on how much interest you have to pay.

Solar Panel Installation Company

The last key cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Paradise, you'll have lots of options to choose from, but each comes at varying price points for labor and equipment. Larger national companies generally have lower costs, but some local companies compete with 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 $25,833 7.5 years
8 kW $2.57 $14,394 $34,727 7.3 years
10 kW $2.52 $17,640 $43,761 7.2 years
12 kW $2.47 $20,745 $52,937 7.0 years
14 kW $2.42 $23,708 $62,254 6.9 years
16 kW $2.37 $26,531 $71,711 6.8 years
18 kW $2.32 $29,212 $81,310 6.6 years
20 kW $2.27 $31,752 $91,051 6.5 years

Solar Incentives in Paradise

Name Southwest Gas Corporation - Residential Energy Efficiency Rebate Program
Website Visit here
More Info Click here

Name Southwest Gas Corporation - Smarter Greener Better Solar Water Heating Program
Website Visit here
More Info Click here

Name NV Energy - Clean Energy Incentive Program
Website Visit here
More Info Click here

Name Portfolio Energy Credits
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and how much efficiency they need. While there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to peruse their list of offerings before deciding.
  • Installation Process: Homeowners should make sure they understand how exactly the installation process will go, as well as important factors like the completion timeline.
  • Contract: Before signing a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for a long time 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 Paradise, NV Solar Cost FAQs

How much does it cost to install solar panels in Paradise?

This is a tough question to answer exactly, because the cost depends on many 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 cost more if you want additional solar equipment or more efficient panels, or if you have higher-than-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.

What other factors should I consider aside from cost when buying solar panels?

Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Is switching to solar power worth it?

Solar panels can be a good investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get enough 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?

Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.

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.

solar panel and sunny sky
Invest in clean solar energy, save thousands of dollars.

Save $$ on your electricity bill by getting a free quote today.

Follow us