Solar Panel Cost Guide in Spring Creek, NV (Sep 2022)

  • Spring Creek Solar Installation Cost: $11,660
  • 25-Year Savings: $13,258
  • Payback Period: 11.7 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Spring Creek

We break down average solar pricing in Spring Creek.

The national average cost of solar panels is $2.66 per watt, but in Spring Creek it's $3 per watt. The average solar panel system size in Spring Creek is around 6.6 kilowatts, meaning a cost of about $11,660 for a solar installation, or $8,628 after the 30% federal solar tax credit is applied.

Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy use, the type of solar panels you want to get, your solar contractor and more. Despite the high initial cost, the average Spring Creek homeowner can save around $14,000 on their power bills over 20 years, which is one of the perks of solar.

To see your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Spring Creek

Year Return on Investment
1 years $-10,663
3 years $-8,670
5 years $-6,676
7 years $-4,683
9 years $-2,690
11 years $-696
13 years $1,297
15 years $3,291
17 years $5,284
19 years $7,278
21 years $9,271
23 years $11,265
25 years $13,258

Top Solar Installers in Spring Creek

Although you can install solar panels by yourself, it involves extra effort and know-how. For that reason, most homeowners choose to go with a solar panel installer. Local solar installation companies can also help you maximize your return on investment by assisting with any local incentives you can benefit from and by providing warranties and repairs.

Working with a licensed solar installer 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 Spring Creek

Factors that Affect Solar Panel Costs in Spring Creek

Cost is often one of the most important factors for homeowners who are considering investing in solar. There are a few key factors that affect your total cost in Spring Creek: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.

Solar Equipment Size

When it comes to estimating the price of solar panels in Spring Creek, 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 figure out by looking at past power bills. Your total cost can increase by around $2,520 for each additional kilowatt you need. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Spring Creek, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Many homeowners find the average cost of solar in Spring Creek to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also result in a higher cost over time because of interest. Though solar loans make switching to solar energy more accessible for Spring Creek homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

Finally, the company you opt for to install your solar panels can influence how much you pay. Spring Creek's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their larger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.

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 $11,602 12.2 years
8 kW $2.57 $14,394 $15,751 11.9 years
10 kW $2.52 $17,640 $20,042 11.7 years
12 kW $2.47 $20,745 $24,474 11.5 years
14 kW $2.42 $23,708 $29,047 11.2 years
16 kW $2.37 $26,531 $33,761 11.0 years
18 kW $2.32 $29,212 $38,616 10.8 years
20 kW $2.27 $31,752 $43,612 10.5 years

Solar Incentives in Spring Creek

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 - Solar Thermal 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 a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
  • Contract: Before signing a contract with a solar company, make sure you read it through completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what the warranty covers and what services you can expect from them.
  • Solar Panel Brands: Each solar panel brand and model has varying levels of quality, durability and efficiency. They will come at different costs as well. The company you choose plays a role in which solar panel brands you have access to.
  • Installation Process: Make sure you're on the same page with the company in regard to how the installation process will go and what you need to do before your solar system is installed, such as updating your electrical system or roof.

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 Spring Creek, NV Solar Cost FAQs

What is the average cost of installing solar panels in Spring Creek?

The average cost of solar panels in Spring Creek is about $12,600 for a 5-kW system and $25,200 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.

Is it better to lease or buy solar panels in Spring Creek?

Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The downside is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.

Can you sell solar power back to the grid in Spring Creek?

Most states offer net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future electricity 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 Spring Creek?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had 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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