The average cost to install solar on a home in Nevada is $4.02 per watt, with about 80 percent of systems installed for $2.11 per watt to $5.01 per watt. This is higher than the average solar cost in the Mountain Region of $3.99 per watt.
The average size of a solar system in Nevada is 6.8 kilowatts, which would cost around $27,300 without any federal, state, or local incentives.
1 kilowatt of solar PV in Nevada produces an average of 1,642 kilowatt-hours of electricity per year, so a 6.8 kilowatt solar system would generate 11,163 kilowatt-hours of electricity every year. An average household in Nevada uses 10,956 kilowatt-hours of electricity in a year.
With an average state electricity price of 11 cents per kilowatt-hour, this solar system could save a household in Nevada $1,248 each year. At this rate of annual savings, the system could pay for itself in about 22 years assuming no additional system expenses. This is less than the expected 30-year lifespan of a typical solar panel.
Henderson: 20.3 kilowatt system installed for $1.62 per watt by Sunrun
Las Vegas: 9.0 kilowatt system installed for $2.05 per watt by Sunrun
Las Vegas: 7.2 kilowatt system installed for $2.05 per watt by Sunrun
North Las Vegas: 8.0 kilowatt system installed for $1.99 per watt by Sunrun
Las Vegas: 5.0 kilowatt system installed for $2.04 per watt by Sunrun
Las Vegas: 6.8 kilowatt system installed for $3.45 per watt by Vision Solar
Solar companies with some of the lowest system costs in Nevada include:
Sunrun, Premier Solar Solutions, Hamilton Solar, Vision Solar, Its Electric
Get more information about the best Nevada solar companies for low system costs.