Solar Panel Cost Guide in Paradise, NV (2024 Update)

  • Paradise Solar Installation Cost: $12,462
  • 25-Year Savings: $25,295
  • Payback Period: 8.8 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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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

See how much it might cost to install solar panels in Paradise.

The national average cost of solar panels is $2.66 per watt, but in Paradise it’s 3 per watt.Since a 5.8-kW system is needed to cover the energy consumption of a typical home in Paradise, the average price of going solar will be about $12,462 after claiming the federal solar tax credit of 0.

Remember that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy use, the type of solar system you want, your solar contractor and more.Many homeowners find adopting solar power is a sound investment. The average homeowner in Paradise can save about $23,000 on their energy bills over 20 years.

To calculate your potential savings and connect with a local solar installer, click the button below.

Solar savings over time in Paradise

Year Return on Investment
1 years $-11,125
3 years $-8,450
5 years $-5,775
7 years $-3,100
9 years $-425
11 years $2,250
13 years $4,925
15 years $7,600
17 years $10,275
19 years $12,949
21 years $15,624
23 years $18,299
25 years $20,974

Top Solar Installers in Paradise

When switching to solar energy, many homeowners opt to go with a solar installation company since putting up solar panels yourself can be a time-consuming project. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance over time.

You can get a free estimate from a local solar installer on the cost of solar panels for your home. Here are some in Paradise:

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

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 go solar comes down to 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

When it comes to estimating the price of a solar system in Paradise, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home’s energy usage, which you can gauge by looking at past electricity bills. Your overall cost can increase by about $3,080 for each additional kilowatt you need.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Paradise, where sunlight is abundant, efficiency can quickly pay off. Also, if you have a small roof or limited 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

Solar panels can save you money on utility bills over many years, but they can also be a significant investment. That’s why many Paradise homeowners choose to finance their solar panel systems to offset upfront costs.However, the interest on solar loans also increases your overall costs, so it’s important to consider that 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

Finally, the company you choose to install your solar system can affect your pricing. Paradise’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Paradise know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could help you save more money in the long run.

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 $23,387 9.1 years
8 kW $3.14 $17,593 $31,528 9.0 years
10 kW $3.08 $21,560 $39,841 8.8 years
12 kW $3.02 $25,355 $48,327 8.6 years
14 kW $2.96 $28,977 $56,985 8.4 years
16 kW $2.90 $32,426 $65,816 8.3 years
18 kW $2.83 $35,703 $74,819 8.1 years
20 kW $2.77 $38,808 $83,995 7.9 years

How to Save on Solar Panels

The solar installer you choose will be a major factor in determining not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should keep in mind, such as:

  • Installation Process: An important thing to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you should know with your solar company, such as what permits you should secure and how long the project will take.
  • Reputation: Solar panel companies that have great reviews from their customers and that have been operating for many years in most cases provide quality solar panel installation and expertise.
  • Contract: It’s important to read your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
  • Warranty: An all-inclusive, long-term warranty can help keep your solar panels running for years to come 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

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

What is the average cost of installing solar panels in Paradise?

This is a tough question to answer precisely, because the cost depends on a variety of factors. Broadly speaking, it costs about $15,400 for a 5-kW system and $30,800 for a 10-kW system after the ITC is applied. You can expect to pay more if you want additional solar equipment or higher quality panels, or if you have above-average energy usage. On the other hand, you can spend less if you opt for a smaller solar panel system or less efficient solar panels.

Is cost the most important consideration when buying solar panels?

The upfront cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can trump the cost. Other factors that are important to think about are the quality and durability of your solar panels.

Can you sell solar power back to the grid in Paradise?

Most states have net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.

How long do solar panels last in Paradise?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is the amount of 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 continue to use 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.

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