Solar Panel Cost Guide in Spring Creek, NV (2024 Update)
- Spring Creek Solar Installation Cost: $14,257
- 25-Year Savings: $13,253
- Payback Period: 14.3 Years
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Average Cost of Solar Panels in Spring Creek
Find out how much it might cost to make the switch to solar in Spring Creek.
Although the national average of solar panels is $2.66 per watt, solar panels in Spring Creek typically cost about 3.The average solar panel system size in Spring Creek is around 6.6 kilowatts, meaning a cost of about $14,257 for a solar installation, or $20,388 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Spring Creek homeowner. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor.With typical savings of about $14,000 on power bills over 20 years, many homeowners in Spring Creek find installing solar panels has a decent ROI.
To receive a free quote from a pre-vetted solar company in Spring Creek, you can click the button below.
Solar savings over time in Spring Creek
| Year | Return on Investment |
|---|---|
| 1 years | $-13,086 |
| 3 years | $-10,743 |
| 5 years | $-8,400 |
| 7 years | $-6,057 |
| 9 years | $-3,715 |
| 11 years | $-1,372 |
| 13 years | $971 |
| 15 years | $3,313 |
| 17 years | $5,656 |
| 19 years | $7,999 |
| 21 years | $10,341 |
| 23 years | $12,684 |
| 25 years | $15,027 |
Top Solar Installers in Spring Creek
When going solar, many homeowners choose to hire a solar installer since DIY solar panel installation can be a difficult project. The payback period of solar panels will vary based on factors like your roof configuration and energy needs, but working with a solar company can shorten it. Your provider will be able to help you apply for incentives available in your area.
If you’d like to go solar but still aren’t certain which solar system company to go with, here are our recommendations for providers near you:
Best National Provider
SunPower
- 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
- 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
See all of the solar companies in Spring Creek
Factors that Affect Solar Panel Costs in Spring Creek
Cost is typically one of the most important factors for homeowners wanting to invest in solar. There are a few primary factors that determine your overall cost in Spring Creek: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar system 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 consumption, which you can gauge by looking at past electricity bills. Your total cost can increase by about $3,080 for each additional kilowatt you need.The model of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Spring Creek have solar loans, which reduce your upfront costs of installing a solar system.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the original cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Spring Creek is the company you get to install your solar panel system. As with choosing a company to install new cabinets, for example, there’s no shortage of solar installers that provide a range of services at different costs.The size of the company sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing down to compete with bigger names.
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 | $9,156 | 14.9 years |
| 8 kW | $3.14 | $17,593 | $12,553 | 14.6 years |
| 10 kW | $3.08 | $21,560 | $16,122 | 14.3 years |
| 12 kW | $3.02 | $25,355 | $19,864 | 14.0 years |
| 14 kW | $2.96 | $28,977 | $23,778 | 13.7 years |
| 16 kW | $2.90 | $32,426 | $27,865 | 13.4 years |
| 18 kW | $2.83 | $35,703 | $32,125 | 13.2 years |
| 20 kW | $2.77 | $38,808 | $36,556 | 12.9 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 brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Contract: Read the contract terms thoroughly to make sure you understand the cost breakdown, project timeline rebates and warranties.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- Reputation: Make sure your solar installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by previous customers and solar experts like EcoWatch.
- Installation Process: When going solar, it’s important to keep an open line of communication with your solar panel company. See to it that you understand how the installation process will go and the project timeline.
Best National Provider
SunPower
- 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
- 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
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 $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.
Is cost the most important thing to think about when buying solar panels?
The initial 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 solar panels eliminate my energy bills?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Spring Creek, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need 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.