Solar Panel Cost Guide in Sunrise Manor, NV (2024 Update)
- Sunrise Manor Solar Installation Cost: $12,462
- 25-Year Savings: $24,769
- Payback Period: 8.9 Years
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Average Cost of Solar Panels in Sunrise Manor
See how much it might cost to install solar panels in Sunrise Manor.
While the national average of solar panels is $2.66 per watt, solar panels in Sunrise Manor typically cost about 3.Using this figure, a typical 5.8-kW system would cost about $12,462 before the 0 federal solar tax credit is applied.
These figures are just estimates, and the cost of going solar for you will most likely look different based on factors unique to your home and what company you choose to go with.Many homeowners find installing a solar system is a fruitful investment. The average homeowner in Sunrise Manor can save about $23,000 on their power bills over 20 years.
To receive a free quote from a vetted solar installer in Sunrise Manor, you can click the button below.
Solar savings over time in Sunrise Manor
| 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 Sunrise Manor
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Taking advantage of a solar company can make your switch to solar power much easier. Plus, if you’re unsure what brand of solar panels and equipment you want, a solar company can help you figure that out after a site survey and consultation.
Working with a vetted solar company can help your solar project go smoothly. Here are our recommendations:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Sunrise Manor
Factors that Affect Solar Panel Costs in Sunrise Manor
There are several criteria that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
The size of the solar panel system you need, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by nearly $3,080. The kind of solar panels and equipment you want is another factor that will substantially impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Plus, 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 looking for a solar system that’s in your budget.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be a challenge. Solar loans are offered by most installers in Sunrise Manor, which can reduce, or in some cases eliminate, your upfront costs to make solar more affordable.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
Solar Panel Installation Company
The solar panel installation company you pick will impact your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor.Larger national companies usually have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional 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 | $3.20 | $13,453 | $22,841 | 9.3 years |
| 8 kW | $3.14 | $17,593 | $30,799 | 9.1 years |
| 10 kW | $3.08 | $21,560 | $38,930 | 8.9 years |
| 12 kW | $3.02 | $25,355 | $47,234 | 8.7 years |
| 14 kW | $2.96 | $28,977 | $55,710 | 8.6 years |
| 16 kW | $2.90 | $32,426 | $64,359 | 8.4 years |
| 18 kW | $2.83 | $35,703 | $73,180 | 8.2 years |
| 20 kW | $2.77 | $38,808 | $82,173 | 8.0 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company you choose greatly affects your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Installation Process: When making the switch to solar energy, it’s crucial to keep an open line of communication with your solar panel company. Confirm that you understand how the installation process works and the completion timeline.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Even though reading through a contract can take a lot of time, it’s important to do it thoroughly so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Sunrise Manor, NV Solar Cost FAQs
How much does it cost to install solar panels in Sunrise Manor?
The average cost of solar panels in Sunrise Manor is about $15,400 for a 5-kW system and $30,800 for a 10-kW system before the ITC, but the real cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Sunrise Manor?
A solar panel system isn’t free in Sunrise Manor, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.
Can solar panels significantly reduce my energy bills?
It is possible to eliminate your electricity bills with solar panels, but for most homeowners in Sunrise Manor, 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 contact a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Sunrise Manor?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger level 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.