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Top Solar Installers in Spring Valley
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Going with a solar company can make your swap to solar much easier. Another upside of going with a solar installer is that they can help you maximize your ROI by cutting back on future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some in Spring Valley:
See all of the solar companies in Spring Valley
Factors that Affect Solar Panel Costs in Spring Valley
There are several factors that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment Size
Size is one of the largest factors that affects the overall cost of going solar. That's why it's crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use. The brand of solar panels and equipment you choose is another factor that will substantially affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more pricey. Moreover, solar equipment consists of more than just the solar panels themselves. You'll also need to decide on 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
Many homeowners find the average cost of solar in Spring Valley to be prohibitively expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans remarkably decrease upfront costs for most homeowners, but they also lead to a higher cost over time due to interest. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to pay a larger down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the massive popularity of sustainable energy solutions in Spring Valley, you'll have lots of options to choose from, but each comes at various price points for labor and equipment. Some companies only sell high-quality, high-efficiency and high-price products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It's best to do some research and go with the company that offers the products, warranties and services you're looking for and also fit into your budget.
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||$11,636||$25,204||7.9 years|
|8 kW||$2.57||$15,217||$33,904||7.7 years|
|10 kW||$2.52||$18,648||$42,753||7.6 years|
|12 kW||$2.47||$21,930||$51,751||7.4 years|
|14 kW||$2.42||$25,063||$60,899||7.3 years|
|16 kW||$2.37||$28,047||$70,195||7.1 years|
|18 kW||$2.32||$30,881||$79,641||7.0 years|
|20 kW||$2.27||$33,566||$89,236||6.8 years|
Solar Incentives in Spring Valley
|Name||NV Energy - Clean Energy Incentive Program|
|Incentive Amount|| Solar (As of 9/24/18): |
Residential/Commercial/Industrial (25 kW or smaller): $0.20 / watt-AC
Low Income/Nonprofit/Public Entity (25 kW or smaller): $0.45 / watt-AC
Residential/Commercial/Industrial (greater than 25 kW): $0.0250 / kWh
Low Income/Nonprofit/Public Entity (greater than 25 kW): $0.0550 / kWh
Wind (As of 9/24/18):
Residential/Commercial/Industrial: $0.40 / watt-AC
Low Income/Nonprofit/Public Entity: $0.80 / watt-AC
|More Info||Click here|
How to Save on Solar Panels
Since the brand of solar panels and the installation company you choose significantly impact your costs and your system's efficiency, production, and durability, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Companies that have been operating for many years likely have a high reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Solar Panel Brands: Different companies will offer various brands and models of panels. If you want a specific brand, make sure the solar company you're considering has it.
- Installation Process: When making the switch to solar power, it's important to keep an open line of communication with your solar panel installer. Confirm that you understand how the installation process will go and the project timeline.
EcoWatch's Spring Valley, NV Solar Cost FAQs
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.