Solar Panel Cost Guide in Mesquite, NV (2024 Update)
- Mesquite Solar Installation Cost: $12,462
- 25-Year Savings: $17,441
- Payback Period: 10.1 Years
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Average Cost of Solar Panels in Mesquite
Find out how much it might cost to make the switch to solar in Mesquite.
The average cost of a solar panel system in Mesquite is 3 per watt.The average Mesquite homeowner needs a 5.8-kilowatt system, which would cost about $12,462 with the federal tax credit, or $17,821 before the 0 tax credit is applied.
These figures are only estimates, and the cost of going solar for you will differ based on the amount of energy your home requires and what company you go with.Many homeowners find going solar is a solid investment. The average homeowner in Mesquite can save about $20,000 on their energy bills over 20 years.
To receive a free estimate from a pre-vetted solar installer in Mesquite, you can click the button below.
Solar savings over time in Mesquite
| Year | Return on Investment |
|---|---|
| 1 years | $-11,266 |
| 3 years | $-8,874 |
| 5 years | $-6,482 |
| 7 years | $-4,089 |
| 9 years | $-1,697 |
| 11 years | $695 |
| 13 years | $3,088 |
| 15 years | $5,480 |
| 17 years | $7,872 |
| 19 years | $10,264 |
| 21 years | $12,657 |
| 23 years | $15,049 |
| 25 years | $17,441 |
Top Solar Installers in Mesquite
Trying to install solar panels on your own can be a stressful project, which is why getting a solar installer is a good option for many homeowners. The expertise that solar companies offer can be useful as well, particularly if you aren’t sure what kind of solar equipment you need.
You can get a free estimate from a local solar installer on how much solar panels could cost for your home. Here are some in Mesquite:
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Mesquite
Factors that Affect Solar Panel Costs in Mesquite
Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few primary factors that will push your cost above or below the average in Mesquite: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of installing solar panels. That’s why it’s important to accurately ascertain the size of the solar energy system needed for your home by figuring out your energy needs.The model of solar panels and equipment you get is another factor that will considerably influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to make decisions 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 looking into a solar system that’s in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Mesquite to be prohibitively costly, even if the investment pays off over time. Thankfully, almost every solar company in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time because of interest.However, the interest on solar loans also increases your total costs, so it’s important to include that in your estimate as well. You can always reduce the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
A final factor to keep in mind when trying to evaluate the cost of solar for your home or business in Mesquite is the company you get to install your solar panel system. Similar to choosing a company to install new cabinets, for instance, there’s no shortage of solar installers that offer a range of services at different price points.You may come across national solar installers that have lower prices because of their bigger brand name and access to bulk 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 | $3.20 | $13,453 | $18,469 | 10.5 years |
| 8 kW | $3.14 | $17,593 | $24,970 | 10.3 years |
| 10 kW | $3.08 | $21,560 | $31,644 | 10.1 years |
| 12 kW | $3.02 | $25,355 | $38,491 | 9.9 years |
| 14 kW | $2.96 | $28,977 | $45,509 | 9.7 years |
| 16 kW | $2.90 | $32,426 | $52,701 | 9.5 years |
| 18 kW | $2.83 | $35,703 | $60,064 | 9.3 years |
| 20 kW | $2.77 | $38,808 | $67,601 | 9.1 years |
How to Save on Solar Panels
There are many companies to choose from in Mesquite, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be difficult, so here are some tips to help you decide:
- Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by past customers and solar experts like EcoWatch.
- Warranty: If you’re concerned about the longevity of your solar system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Contract: It’s important to look over your solar installer’s contract well to understand what services they will provide, what the warranty covers and what you can expect about your solar system’s energy production.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their roof configurations and how much efficiency they need. Although there are many options for which brand 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 peruse their list of offerings before making your decision.
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
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Mesquite, NV Solar Cost FAQs
How much does it cost to install solar panels in Mesquite?
This is a hard question to answer precisely, because the cost depends on a variety of factors. Generally speaking, it costs about $15,400 for a 5-kW system and $30,800 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or more efficient panels, or if you have above-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Are solar panels free in Mesquite?
You can’t get solar panels for free in Mesquite. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
How much can I save on electricity bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on your location and the efficiency of your system. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,064.09 per year.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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.