Solar Panel Cost Guide in Gardnerville Ranchos, NV (2024 Update)
- Gardnerville Ranchos Solar Installation Cost: $13,091
- 25-Year Savings: $19,283
- Payback Period: 10.9 Years
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Average Cost of Solar Panels in Gardnerville Ranchos
Find out how much it might cost to switch to solar power in Gardnerville Ranchos.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Gardnerville Ranchos, the typical cost of solar panels is 3 per watt.Because a 6.1-kW system is needed to cover the energy needs of a typical home in Gardnerville Ranchos, the average price of going solar will be about $13,091 after claiming the federal solar tax credit of 0.
These figures are only averages, and how much solar costs for you may look different based on the amount of energy your home requires and what company you choose to go with.For many homeowners, the upfront cost of solar is worth paying. On average Gardnerville Ranchos homeowners see about $19,000 in savings on utility bills over 20 years.
You can click the button below to get connected with a pre-vetted solar installer in Gardnerville Ranchos that can help you get a more accurate cost estimate for your home.
Solar savings over time in Gardnerville Ranchos
| Year | Return on Investment |
|---|---|
| 1 years | $-11,920 |
| 3 years | $-9,577 |
| 5 years | $-7,234 |
| 7 years | $-4,892 |
| 9 years | $-2,549 |
| 11 years | $-206 |
| 13 years | $2,136 |
| 15 years | $4,479 |
| 17 years | $6,822 |
| 19 years | $9,164 |
| 21 years | $11,507 |
| 23 years | $13,850 |
| 25 years | $16,193 |
Top Solar Installers in Gardnerville Ranchos
DIY solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Going with an installer can make converting to solar power much easier. Also, companies with a high reputation that cost more upfront could actually save you money in the long term with their warranties, repair services and expert design.
There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:
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 Gardnerville Ranchos
Factors that Affect Solar Panel Costs in Gardnerville Ranchos
The cost of installing a solar system in Gardnerville Ranchos can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The most significant one is your system size, and other factors include the equipment you choose, financing options and the solar installer you choose.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. That’s why it’s crucial to accurately ascertain the size of the solar energy system needed for your home by figuring out your average energy use.The type of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Moreover, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on 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 falls within your budget.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be financially overwhelming. Solar loans are provided by most installers in Gardnerville Ranchos, which can reduce, or in some cases eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also adds to your overall 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 making a larger down payment.
Solar Panel Installation Company
Finally, the company you get to install your solar panel system can play a role in determining how much you pay. Gardnerville Ranchos’s solar companies all have different labor costs and add varying upcharges to equipment. Larger national companies generally have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric car charger installation, they might be cheaper overall.
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 | $16,184 | 11.3 years |
| 8 kW | $3.14 | $17,593 | $21,924 | 11.1 years |
| 10 kW | $3.08 | $21,560 | $27,836 | 10.9 years |
| 12 kW | $3.02 | $25,355 | $33,921 | 10.7 years |
| 14 kW | $2.96 | $28,977 | $40,178 | 10.5 years |
| 16 kW | $2.90 | $32,426 | $46,608 | 10.3 years |
| 18 kW | $2.83 | $35,703 | $53,210 | 10.0 years |
| 20 kW | $2.77 | $38,808 | $59,985 | 9.8 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you find the right company for you, here are some tips to keep in mind:
- Warranty: A comprehensive, 25-year warranty can help keep your solar panels running for years to come and save you money on repairs and maintenance.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. A couple of ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Even though there are many options for which kind of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of options before deciding.
- Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, completion timeline rebates and warranties.
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 Gardnerville Ranchos, NV Solar Cost FAQs
What is the average cost of installing solar panels in Gardnerville Ranchos?
The average cost of solar panels in Gardnerville Ranchos 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.
Is cost the most important thing to consider when buying solar panels?
Cost is certainly one of the most important things to bear in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
Do solar panels increase how much your home is worth?
Solar panels can increase your property’s value significantly as long as you buy or finance your panels and don’t opt for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing solar panels."
How long do solar panels last in Gardnerville Ranchos?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases 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.