Solar Panel Cost Guide in West Wendover, NV (2023 Update)
- West Wendover Solar Installation Cost: $11,665
- 25-Year Savings: $12,687
- Payback Period: 12.0 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in West Wendover
Here's how much it might cost to switch to solar power in West Wendover.
Currently, the national average cost of solar panels is $2.66 per watt. However, in West Wendover, the typical cost of a solar system is 2.52 per watt. The average solar panel system size in West Wendover 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.
Remember that the numbers above are only averages. The price you'll end up paying for solar may look quite different based on your household energy needs, the type of solar system you want, your solar contractor and more. But, once you've paid the upfront cost of installation, the savings for most homeowners is typically fruitful, with a net average savings of about $14,000 over 20 years on energy bills.
Click the button below to get connected to a reputable solar company in your area for a customized quote.
Solar savings over time in West Wendover
| Year | Return on Investment |
|---|---|
| 1 years | $-10,797 |
| 3 years | $-9,062 |
| 5 years | $-7,326 |
| 7 years | $-5,591 |
| 9 years | $-3,855 |
| 11 years | $-2,120 |
| 13 years | $-384 |
| 15 years | $1,351 |
| 17 years | $3,087 |
| 19 years | $4,822 |
| 21 years | $6,558 |
| 23 years | $8,293 |
| 25 years | $10,028 |
Top Solar Installers in West Wendover
Although you can install solar panels on your own, it requires extra energy and know-how. That's why the majority of homeowners choose to go with a solar panel installer. The expertise that solar companies offer can be valuable as well, especially if you aren't sure what type of solar equipment you need.
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
See all of the solar companies in West Wendover
Factors that Affect Solar Panel Costs in West Wendover
Cost is usually one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that determine your overall cost in West Wendover: solar equipment and system size, financing options and the solar installation company you choose. We'll cover each of these briefly below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay about $2,520 per kilowatt in West Wendover. The kind of solar panels and equipment you want is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more expensive. Moreover, solar equipment goes beyond 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
If paying for a solar system in cash is too expensive, solar loans are a popular option because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you can only 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 interest rate could reduce your costs considerably.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in West Wendover is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there's no shortage of solar installers that provide a range of services at different costs. Additionally, some companies in West Wendover know more about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $11,088 | 12.5 years |
| 8 kW | $2.57 | $14,394 | $15,066 | 12.2 years |
| 10 kW | $2.52 | $17,640 | $19,185 | 12.0 years |
| 12 kW | $2.47 | $20,745 | $23,446 | 11.7 years |
| 14 kW | $2.42 | $23,708 | $27,847 | 11.5 years |
| 16 kW | $2.37 | $26,531 | $32,390 | 11.3 years |
| 18 kW | $2.32 | $29,212 | $37,074 | 11.0 years |
| 20 kW | $2.27 | $31,752 | $41,899 | 10.8 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since selecting a company can be a challenge, we have some tips to help you, such as:
- Solar Panel Brands: Different companies will carry different brands and kinds of panels. If you want a specific brand, make sure the solar panel company you're considering has it.
- Contract: Before you sign a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you're not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Reputation: Solar installers that have great reviews from their customers and that have been in business for many years in most cases provide quality solar panel installation and expertise.
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the completion timeline.
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 West Wendover, NV Solar Cost FAQs
How much does it cost to install solar panels in West Wendover?
The average cost of solar panels in West Wendover 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 stuff like the kind of solar panels you want, what size system you need and how much energy you use.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a crucial factor to consider, but whether it's the most important for you depends on why you decided to go solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to consider are the quality and durability of your solar panels.
Can you sell solar power back to the grid in West Wendover?
Most states offer net metering programs of some kind. Through these, you can receive compensation for the extra power your system generates or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average home 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.