Solar Panel Cost Guide in Dayton, NV (2024 Update)
- Dayton Solar Installation Cost: $13,137
- 25-Year Savings: $19,246
- Payback Period: 10.9 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Dayton
Let’s have a look at the average cost of solar in Dayton.
Although the national average of solar panels is $2.66 per watt, solar panels in Dayton typically cost around 3.The average Dayton homeowner needs a 6.1-kilowatt system, which would cost about $13,137 with the federal tax credit, or $18,786 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar will differ based on your household energy consumption, the type of solar panels you choose, your solar contractor and more.For many homeowners, the upfront cost of solar panels is worth paying. On average homeowners in Dayton see about $19,000 in savings on energy bills over 20 years.
For a free quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Dayton
Year | Return on Investment |
---|---|
1 years | $-11,965 |
3 years | $-9,622 |
5 years | $-7,280 |
7 years | $-4,937 |
9 years | $-2,594 |
11 years | $-252 |
13 years | $2,091 |
15 years | $4,434 |
17 years | $6,776 |
19 years | $9,119 |
21 years | $11,462 |
23 years | $13,805 |
25 years | $16,147 |
Top Solar Installers in Dayton
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Hiring a solar panel installer can make converting to solar power much easier. Plus, warranties and repairs from your solar panel installer can protect your investment and bring down the cost of maintenance over time.
If you’d like to go solar but still aren’t certain which solar installer to go with, here are our recommendations 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 Dayton
Factors that Affect Solar Panel Costs in Dayton
There are many criteria that can determine your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
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 electricity your household uses, the larger your system will likely need to be. You can expect to spend about $3,080 per kilowatt in Dayton.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Dayton, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are available from most installers in Dayton, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The final major cost factor you should keep in mind is the installer you choose. Given the massive popularity of renewable energy solutions in Dayton, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.The size of the company sometimes plays the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because they have access to more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down 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 | $16,082 | 11.4 years |
8 kW | $3.14 | $17,593 | $21,788 | 11.2 years |
10 kW | $3.08 | $21,560 | $27,666 | 10.9 years |
12 kW | $3.02 | $25,355 | $33,716 | 10.7 years |
14 kW | $2.96 | $28,977 | $39,940 | 10.5 years |
16 kW | $2.90 | $32,426 | $46,335 | 10.3 years |
18 kW | $2.83 | $35,703 | $52,903 | 10.1 years |
20 kW | $2.77 | $38,808 | $59,644 | 9.9 years |
How to Save on Solar Panels
Since the type of solar panels and the installation company 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:
- 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.
- Warranty: A quality company rises above other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
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 Dayton, NV Solar Cost FAQs
What is the average cost of installing solar panels in Dayton?
The average cost of solar panels in Dayton is about $15,400 for a 5-kW system and $30,800 for a 10-kW system before the ITC, but the actual cost will depend on certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Dayton?
Leasing solar panels can be an attractive choice, because it typically 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.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Dayton is currently $425,646, so you can expect a value of about $17,451 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Dayton is a worthwhile investment.
How many solar panels do I need 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 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 get between 20 and 35 panels to cover 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.