Solar Panel Cost Guide in Boulder City, NV (2024 Update)
- Boulder City Solar Installation Cost: $12,462
- 25-Year Savings: $23,617
- Payback Period: 9.2 Years
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Average Cost of Solar Panels in Boulder City
Let’s take a look at the average cost of solar in Boulder City.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Boulder City, the typical cost of solar panels is 3 per watt.The average solar panel system size in Boulder City 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.
These figures are only estimates, and your own solar costs may look different based on the amount of energy your home requires and what company you want to go with.But, once you've paid the initial cost of installation, the savings for most homeowners is usually fruitful, with a net average savings of about $22,000 over 20 years on power bills.
For a free quote from a local solar installer that has been pre-vetted by the EcoWatch team, click the button below.
Solar savings over time in Boulder City
| Year | Return on Investment |
|---|---|
| 1 years | $-11,175 |
| 3 years | $-8,601 |
| 5 years | $-6,026 |
| 7 years | $-3,452 |
| 9 years | $-877 |
| 11 years | $1,697 |
| 13 years | $4,271 |
| 15 years | $6,846 |
| 17 years | $9,420 |
| 19 years | $11,995 |
| 21 years | $14,569 |
| 23 years | $17,143 |
| 25 years | $19,718 |
Top Solar Installers in Boulder City
When making the switch to solar, many homeowners decide to hire a solar company since overseeing your solar installation yourself can be a time-consuming project. Also, if you’d like to maximize your investment in solar power, using a solar installer can help with that as well. Different providers can offer repairs, expertise on solar panel installation and sometimes even information on local incentives, rebates and net metering programs.
If you’d like to start using solar energy but still aren’t sure which solar company to go with, here are our suggestions for providers nearby:
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 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 Boulder City
Factors that Affect Solar Panel Costs in Boulder City
There are several criteria that can determine your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar system.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels 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 spend around $3,080 per kilowatt in Boulder City.The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your energy bills. Additionally, add-on products, such as solar batteries, can bring your total well above the Boulder City average.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular choice because they reduce your upfront costs and let you pay for your system over five to seven years on average.However, the interest on solar loans also increases your all-in costs, so it’s crucial to keep that in mind as well. You can always lower the total you pay in interest and in some cases even your APR by putting more money down.
Solar Panel Installation Company
The last key cost factor you should consider is the installer you choose. Given the massive popularity of green energy solutions in Boulder City, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The company’s size can sometimes play the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices due to access to more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger 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 | $21,645 | 9.6 years |
| 8 kW | $3.14 | $17,593 | $29,206 | 9.4 years |
| 10 kW | $3.08 | $21,560 | $36,938 | 9.2 years |
| 12 kW | $3.02 | $25,355 | $44,843 | 9.0 years |
| 14 kW | $2.96 | $28,977 | $52,921 | 8.8 years |
| 16 kW | $2.90 | $32,426 | $61,171 | 8.7 years |
| 18 kW | $2.83 | $35,703 | $69,593 | 8.5 years |
| 20 kW | $2.77 | $38,808 | $78,188 | 8.3 years |
How to Save on Solar Panels
There are many solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you select the right company for you, here are some tips to keep in mind:
- Warranty: Each company may offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Read the contract terms closely to make sure you understand how much it will cost, project timeline rebates and warranties.
- Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely provide good-quality solar panel installation and expertise.
- Solar Panel Brands: Not all solar companies offer the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you go with.
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 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 Boulder City, NV Solar Cost FAQs
How much does it cost to install solar panels in Boulder City?
The average cost of solar panels in Boulder City 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 kind of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Boulder City?
Leasing solar panels can be an attractive choice, because it commonly comes with low or $0 upfront payments. The drawback 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 incentives and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Is making the switch to solar worth it?
Whether or not solar panels are worth it depends on some different factors like local electricity rates and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can choose to replace them after having them for that long or you can keep using them at a lower efficiency.
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.