Solar Panel Cost Guide in Whitney, NV (2024 Update)
- Whitney Solar Installation Cost: $12,462
- 25-Year Savings: $25,295
- Payback Period: 8.8 Years
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Average Cost of Solar Panels in Whitney
See how much it might cost to go solar in Whitney.
In Whitney, solar panels cost about 3 per watt on average.The average solar panel system size in Whitney is around 5.8 kilowatts, meaning a cost of about $12,462 for a solar installation, or $17,821 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Whitney homeowner. The cost 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.Despite the large initial cost, the average Whitney homeowner can save around $23,000 on their power bills over 20 years, which is one of the advantages of solar.
To see your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Whitney
| 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 Whitney
Many homeowners opt for a solar panel installer since trying to install solar panels on your own can be a lot of work. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and system component replacements.
Working with a vetted solar installer can make going solar easier. 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 Whitney
Factors that Affect Solar Panel Costs in Whitney
The cost of installing a solar system in Whitney can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power production need better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $3,080.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Whitney, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Whitney provide solar loans, which reduce the initial cost of installing solar panels.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 can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs considerably.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Whitney is the company you hire to install your solar panel system. As with choosing a company to renovate your kitchen, for example, there are plenty of solar installers that offer a range of services for different budgets.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or specials to compete with those larger companies.
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 | $23,387 | 9.1 years |
| 8 kW | $3.14 | $17,593 | $31,528 | 9.0 years |
| 10 kW | $3.08 | $21,560 | $39,841 | 8.8 years |
| 12 kW | $3.02 | $25,355 | $48,327 | 8.6 years |
| 14 kW | $2.96 | $28,977 | $56,985 | 8.4 years |
| 16 kW | $2.90 | $32,426 | $65,816 | 8.3 years |
| 18 kW | $2.83 | $35,703 | $74,819 | 8.1 years |
| 20 kW | $2.77 | $38,808 | $83,995 | 7.9 years |
How to Save on Solar Panels
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Since choosing a company can be a challenge, we have some tips to help you, such as:
- Contract: Read the contract terms closely to make sure you understand the total cost, completion timeline incentives and warranties.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you should know with your solar company, such as what permits you should acquire and what the project timeline is.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
- Solar Panel Brands: The kind of solar panel you need to install plays a part in which installer you should go with, since different companies have different panels.
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 Whitney, NV Solar Cost FAQs
How much does it cost to install solar panels in Whitney?
The average cost of solar panels in Whitney 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 certain factors such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Whitney?
Leasing solar panels can be an attractive choice, because it usually comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to maximize your savings.
Does Whitney have a net metering program?
Most states offer net metering programs of some kind. Through these, you can either receive compensation for the extra power your system generates or or receive credits to put toward future electricity bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How many solar panels should I get to power my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.