Solar Panel Cost Guide in Fremont, NE (2024 Update)
- Fremont Solar Installation Cost: $23,967
- 25-Year Savings: $22,603
- Payback Period: 14.4 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Fremont
Let’s take a look at the average cost of solar in Fremont.
The average cost of a solar panel system in Fremont is 4 per watt.The average Fremont homeowner needs a 9.6-kilowatt system, which would cost about $23,967 with the federal tax credit, or $34,273 before the 0 tax credit is applied.
The true cost of your system can be higher or lower than the average in Fremont based on a few factors, such as the type of solar panels you choose and the solar installer you hire.For many homeowners, the upfront investment in solar power is worth paying. On average homeowners in Fremont see about $17,000 in savings on utility bills over 20 years.
To get a free estimate from a top solar installer in Fremont, you can click the button below.
Solar savings over time in Fremont
| Year | Return on Investment |
|---|---|
| 1 years | $-22,667 |
| 3 years | $-20,067 |
| 5 years | $-17,467 |
| 7 years | $-14,867 |
| 9 years | $-12,268 |
| 11 years | $-9,668 |
| 13 years | $-7,068 |
| 15 years | $-4,468 |
| 17 years | $-1,868 |
| 19 years | $732 |
| 21 years | $3,331 |
| 23 years | $5,931 |
| 25 years | $8,531 |
Top Solar Installers in Fremont
When making the switch to solar, many homeowners choose to use a solar company since putting up a solar system yourself can be a time-consuming project. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives you can take advantage of and by offering warranties and repairs.
If you’d like to make the switch to solar but still aren’t sure which solar system installer to go with, here are our suggestions for providers near you:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Fremont
Factors that Affect Solar Panel Costs in Fremont
The cost of installing a solar system in Fremont can vary by more than $10,000 from home to home. Your actual cost is determined by several factors. The largest one is your system size, and other factors include equipment choices, financing options and the solar company you choose.
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 consumes, the larger your system will likely need to be. You can expect to pay around $3,580 per kilowatt in Fremont.The model of solar panels and equipment you get is another factor that will considerably influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Plus, solar equipment is more than just the solar panels themselves. You’ll also need to think about the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that’s in your budget.
Solar Financing Terms
Solar panels can save you money on utility bills over time, but they can also be a big investment. That’s why many Fremont homeowners decide to finance their solar panel systems to offset upfront costs.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to 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 remarkably.
Solar Panel Installation Company
A final consideration when trying to estimate the cost of solar for your home or business in Fremont is the company you hire to install your PV system. As with choosing a company to install new cabinets, for example, you’ll have many options for solar installers that offer a range of services for different budgets.You may see national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions 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 | $3.72 | $15,637 | $10,429 | 15.0 years |
| 8 kW | $3.65 | $20,449 | $14,306 | 14.7 years |
| 10 kW | $3.58 | $25,060 | $18,384 | 14.4 years |
| 12 kW | $3.51 | $29,471 | $22,662 | 14.1 years |
| 14 kW | $3.44 | $33,681 | $27,141 | 13.8 years |
| 16 kW | $3.37 | $37,690 | $31,820 | 13.6 years |
| 18 kW | $3.29 | $41,499 | $36,699 | 13.3 years |
| 20 kW | $3.22 | $45,108 | $41,780 | 13.0 years |
How to Save on Solar Panels
Since the kind of solar panels and the installation company you choose significantly influences your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: The kind of solar panel you need to get plays a part in which installer you should opt for, since different companies have access to different panels.
- 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: Homeowners should make sure they know how exactly the installation process will go, as well as important factors like the project completion timeline.
- Contract: When reading over your solar company’s contract, ask questions about any terms you’re not sure of and make sure you understand what happens in scenarios such as a system component breaking or if the company goes out of business.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Fremont, NE Solar Cost FAQs
What is the average cost of installing solar panels in Fremont?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $17,900 for a 5-kW system and $35,800 for a 10-kW system after the ITC is applied. It will be more expensive if you want extra solar equipment or more efficient panels, or if you have higher-than-average energy consumption. On the flip side, you can spend less if you opt for a smaller solar panel system or less expensive solar panels.
Is cost the most important thing to think about when buying solar panels?
The initial cost is a key factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In places where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to think about are the quality and durability of your solar panels.
Do solar panels increase your home value?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the amount of sunlight your roof gets. You can 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.