Solar Panel Cost Guide in Winchester, NV (Oct 2022)

  • Winchester Solar Installation Cost: $10,196
  • 25-Year Savings: $25,296
  • Payback Period: 7.2 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Winchester

See how much it might cost to install solar panels in Winchester.

Currently, the national average cost of solar panels is $2.66 per watt. However, in Winchester, the average cost of solar panels is $3 per watt. Using this figure, a typical 5.8 would cost about $10,196 before the 30% federal solar tax credit is applied.

These figures are only averages, and the cost of going solar for you may look different based on your energy needs and what company you choose to go with. For many homeowners, the upfront cost of solar is worth paying. On average you could be looking at about $23,000 in savings on electricity bills over 20 years.

To get a free quote from a highly rated solar installer in Winchester, you can click the button below.

Solar savings over time in Winchester

Year Return on Investment
1 years $-8,776
3 years $-5,937
5 years $-3,098
7 years $-258
9 years $2,581
11 years $5,420
13 years $8,260
15 years $11,099
17 years $13,938
19 years $16,778
21 years $19,617
23 years $22,456
25 years $25,296

Top Solar Installers in Winchester

Many homeowners opt for a solar installer since installing solar panels by yourself can be a labor-intensive endeavor. Another perk of utilizing a solar company is that they can help you make the most of your investment by cutting back on future costs of repairs and replacements with the help of warranties and giving you information on local incentives you can take advantage of.

If you're on the hunt for a solar company in Winchester, the EcoWatch team has organized a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • 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 Winchester

Factors that Affect Solar Panel Costs in Winchester

Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that determine your overall cost in Winchester: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.

Solar Equipment

The size of the solar energy system you need to offset your energy usage is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $2,520. Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Winchester, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.

Solar Financing Terms

Many homeowners find the average cost of solar in Winchester to be too expensive, even if the investment pays off over time. Fortunately, almost every solar company in the area offers financing options. Solar loans substantially decrease upfront costs in most cases, but they also result in paying more over time due to interest. Although solar loans make going solar more accessible for Winchester homeowners, they can also add to the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can avoid paying as much in interest.

Solar Panel Installation Company

The solar installer you go with to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies in Winchester, and each can charge different amounts for labor and equipment. Additionally, some companies in Winchester 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 help you save 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 $25,833 7.5 years
8 kW $2.57 $14,394 $34,727 7.3 years
10 kW $2.52 $17,640 $43,761 7.2 years
12 kW $2.47 $20,745 $52,937 7.0 years
14 kW $2.42 $23,708 $62,254 6.9 years
16 kW $2.37 $26,531 $71,711 6.8 years
18 kW $2.32 $29,212 $81,310 6.6 years
20 kW $2.27 $31,752 $91,051 6.5 years

How to Save on Solar Panels

Since the kind of solar panels and the installer you choose has an impact on 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:

  • Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, durability and energy efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
  • Reputation: Make sure your solar 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 the EcoWatch team.
  • Contract: When reading through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios such as a system part breaking or if the company goes out of business.
  • Installation Process: Get detailed information from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Solar Financing

Blue Raven Solar

★★★★★
4.5

  • Industry-leading in-house financing
  • Competitive pricing
  • Excellent reputation
  • Doesn't offer solar batteries (coming 2022)

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

EcoWatch's Winchester, NV Solar Cost FAQs

How much does it cost to install solar panels in Winchester?

This is a difficult question to answer precisely, because the cost depends on a few different 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 higher quality panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less efficient solar panels.

Is cost the most important thing to keep in mind when buying solar panels?

Cost is without a doubt one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.

Does Winchester have a net metering program?

Most states have net metering programs of some kind. Through these, you can either receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

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 goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher 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.

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