SunPower was the most popular solar company among respondents in Nevada, according to our 2024 survey. Get a quote on your own solar system installation today.
Nevada is the third sunniest state in the U.S. Moreover, it ranks sixth in the SEIA’s national solar ranking. This makes it an excellent place to go solar, which is why an increasing number of Nevadans are seeking reliable solar installers. We at the MarketWatch Guides Team found that the best solar companies in Nevada are Momentum Solar, Elevation, Palmetto and Sunpower.
We selected the above solar companies after thorough research, consumer surveys and discussions with experts from the solar industry. We also use a detailed methodology to rate and review each provider we discuss.
Compare Nevada Solar Companies
In Nevada, the average cost of a solar energy system is about $2.51/W, which is significantly lower than the national average of $2.85/W. A typical, 5 kW system will cost around $12,500. Below is a table that outlines the pricing and other important details of Nevada’s best solar companies.
Company | Star Rating | Cost of an 8 kW System* | BBB Rating | Visit Site |
---|---|---|---|---|
$20,000–$25,000 | A+ | |||
$25,000–$27,500 | A+ | |||
$20,000–$25,000 | A+ | |||
$24,000–$36,000 | A+ | |||
$20,000–$25,000 | A- |
Company | BBB Rating | Star Rating | Cost of an 8 kW System* | Visit Site |
---|---|---|---|---|
A+ | $20,000–$25,000 | |||
A+ | $25,000–$27,500 | |||
A+ | $20,000–$25,000 | |||
A+ | $24,000–$36,000 | |||
A- | $20,000–$25,000 |
*Pricing is based on responses to two surveys we conducted in 2023 of 2,000 total homeowners with 8 kilowatt (kW) solar systems as well as pricing information obtained directly from SunPower, Tesla, Palmetto and local providers. Your cost may vary. BBB ratings are accurate as of November 2023.
Top 4 Solar Companies in Nevada of 2024
- Momentum: Our pick for easy integration
- Elevation: Our pick for whole-home integration
- Palmetto Solar: Our pick for protection plans
- SunPower: Most experienced
- Sunrun: Our pick for leasing options
What To Look for in a Solar Company
Solar power is one of the biggest home upgrades you can make. Considering its cost and complexity, it is important to consider the following important factors when choosing an installer.
Based on your home energy usage and other factors, a typical solar panel system can cost thousands of dollars. An expensive system will have a longer payback period.However, the cheapest systems can also have low savings due to poor performance. Choose a reliable installer who offers good quality equipment at reasonable pricing. You may even want to explore installers who offer alternative payment options such as solar loans, leases or power purchase agreements (PPA).
Choosing a trustworthy solar provider ensures high installation quality as well as reliable post-installation support, especially for warranties or maintenance.To check if a solar company is trustworthy, you can check its licenses and registrations online, as well as its existing customers’ reviews and ratings.
Solar energy is an excellent home upgrade, but it is not the only thing that can save you money. You can enjoy greater benefits by adding other home upgrades, such as improved insulation.Before going solar, you may also need other services for optimum performance and longevity of your panels.For example, your old roof may need replacement, or a part of a tree covering your roof may need removal. Several solar companies offer these related services. We suggest listing the possible services you may need before requesting solar quotes.
Our Recommendation
Nevada residents are blessed with strong sunlight as well as a multitude of solar installers. Homeowners looking for an experienced brand can go with SunPower, while those interested in easier payment options can go with Sunrun.
You may also want to research local companies like Sol-Up or Nevada Solar Group. Before choosing an installer, we recommend requesting free quotes from multiple solar companies. If you live in Las Vegas, be sure to check out our list of the best solar companies in your city!
Benefits of Going Solar in Nevada
- Electricity bill savings: The primary factor driving the tremendous growth of solar power in Nevada is its ability to reduce utility bills. While the savings may vary based on energy needs and other factors, a typical solar system can offset up to 100% of grid power consumption. This helps homeowners drastically reduce or sometimes eliminate their electricity costs. Over a lifespan of 25 years or more, a solar system can save tens of thousands of dollars by slashing electricity bills.
- Protection against rising power costs: Over the past few decades, electricity prices in Nevada, like everywhere else, have steadily gone up. Unfortunately, certain policies and legislation will be pushing Nevada’s power prices even higher in 2023, creating a steep rise of over 50%. However, homeowners with solar panels that offset a majority of the grid consumption are the least affected by such a cost increase.
- Reduced carbon footprint: The advantages of solar power extend beyond just financial. Since they generate clean, renewable energy from sunlight, solar panels emit no greenhouse gases. On the other hand, fossil fuels, which make up a large part of Nevada’s energy mix, are responsible for significant carbon emissions, which lead to a warming climate.
- Security against blackouts: Nevada does not have frequent power outages, partly because it does not have frequent severe weather events. However, as the climate changes and extreme weather becomes more likely, the possibility of blackouts rises.Homes with solar power and a battery backup system are better equipped to fight power outages that render daily life difficult. Large battery banks can run an entire house, while smaller ones can keep essential appliances like refrigerators running for a few days.
- Increased property value: Several studies show that the market value of a house with solar panels is typically higher than that of a similar house without solar. Research by Zillow shows that the value of a house increases by 4.1% on average when solar is installed on it. Considering Nevada’s average home price of $412,415, this means an increase of about $17,000. Solar experts suggest that this value can be even higher in some places.
Nevada Solar Incentives
Nevada lacks a solid incentive program for solar, unlike some of its neighboring states. However, that does not deter its residents from switching to solar power, thanks to ample sunlight as well as substantial savings from the federal tax credit. Below is a look at solar incentives for Nevada residents.
Federal Incentives
The federal solar tax credit, also known as the investment tax credit (ITC) is available to all U.S. residents and therefore all Nevadans. It allows solar panel buyers to deduct up to 30% of their system’s cost from their following year’s income taxes. This is equivalent to getting a 30% rebate on their system. Considering Nevada’s typical system cost of $12,500, the incentive can save about $3,750.
Statewide Incentives
Residents of the Silver State can also benefit from the following statewide incentives.
Incentive | Savings | Explanation |
Net metering | Savings vary | Solar customers with a grid interconnection can send excess energy from their system to the grid in exchange for energy credits. However, the value of credits varies with utility companies. For example, NV Energy assigns energy credits at a value of 75% of the retail rate. |
Solar Access Laws | No direct savings | Nevada’s access laws prevent covenants, deeds, contracts, ordinances or other legal instruments from restricting property owners from installing a rooftop solar energy system. Homeowners can also enter into a “solar easement” with their neighbors to ensure their panels receive proper sunlight. |
Local Incentives
- NV Energy’s Powershift program: Nevadans living in the service area of NV Energy can benefit from the Powershift program. It offers a direct rebate of up to $3,000 for a solar system with energy storage. To be eligible, the system must be 4 to 100 kW in capacity.
Frequently Asked Questions About Solar Companies in Nevada
A large number of solar companies operate in Nevada, serving residents in Las Vegas, Reno, Henderson, Sparks and most other locations. It is impossible to select just one solar energy company as Nevada’s best. That said, the top few solar panel companies in Nevada are SunPower, Sunrun, ADT Solar, Momentum and Green Home Systems.
Nevada residents can generate huge amounts of solar power, thanks to its above-average levels of sunshine. Additionally, the federal tax credit and other incentives can help boost the savings from a solar power system. This, combined with the variety of solar companies in Nevada, makes solar power worth it in the state.
The state of Nevada does not have any policy that can offer free solar panels to homeowners. However, Nevadans can lease a solar system instead of purchasing it, which includes only monthly payments toward using the energy from the system.
According to the Solar Energy Industries Association (SEIA), Nevada has 112 solar companies in total. Out of these, 15 are manufacturers of solar components, 52 are installers and the remaining 45 provide other related services.