Solar Panel Cost Guide in Spring Creek, NV (2023 Update)
- Spring Creek Solar Installation Cost: $11,660
- 25-Year Savings: $13,258
- Payback Period: 11.7 Years
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Updated May 04, 2023
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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 2.52 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 $16,674 before the 30% federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in Spring Creek based on several factors, such as the type of solar panels you choose and the solar contractor you hire. With typical savings of about $14,000 on energy bills over 20 years, many homeowners in Spring Creek find going solar can be quite rewarding.
To receive a free quote from a pre-vetted solar installer in Spring Creek, you can 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
Trying to put up solar panels yourself can be a time-consuming undertaking, which is why getting a solar installer is a good option for many homeowners. The payback period on a solar system will vary based on factors like your location and energy usage, but going with a solar installer can shorten it. Your provider will be able to help you identify incentives available in your area.
There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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
The cost of installing a solar system in Spring Creek can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is the size of the system your home needs, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
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 gauge the size of the solar energy system needed for your home by figuring out your typical energy use. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more over time on your power bills. In addition, extra products, like solar batteries, can bump up your total well above the Spring Creek average.
Solar Financing Terms
Most solar companies in Spring Creek have solar loans, which reduce the initial cost of installing a solar system. However, the interest on solar loans also adds to your overall costs, so it's vital to consider that as well. You can always lower the total you pay in interest and sometimes even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you choose to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Spring Creek, and each can charge varying amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or add-on services like electric car 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 | $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 |
How to Save on Solar Panels
There are numerous companies available in Spring Creek, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, longevity and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
- Warranty: A comprehensive, long-term warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Contract: Review the contract terms carefully to make sure you understand the cost breakdown, project timeline incentives and warranties.
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
How much does it cost to install solar panels in Spring Creek?
This is a hard question to answer exactly, because the cost depends on many factors. Broadly 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 consumption. Conversely, you can spend less if you choose a smaller solar panel system or cheaper solar panels.
Are solar panels free in Spring Creek?
You can't get solar panels for free in Spring Creek. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you want to own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after switching to solar?
It is possible to erase your electricity bills with solar panels, but for most homeowners in Spring Creek, that will require at least a 10-kW system. Not all homes will have the roof space for that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.