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Solar Panel Cost in Nevada

Average costs, savings, and incentives for solar installations across Nevada.

$2.80
Avg Cost/Watt
6.2 hrs/day
Peak Sun Hours
$0.115/kWh
Electricity Rate
Avoided Cost
Net Metering

Estimated Savings for a Typical Nevada Home

Based on a $150/month electric bill

System Size
7 kW
Gross Cost
$19,635
Federal Credit
-$5,891
State Incentive
-$1,000
Net Cost
$12,745
Annual Savings
$1,460
Payback Period
8.7 yrs
25-Year Savings
$37,126
CO₂ Offset/yr
11,680 lbs

Nevada Solar Incentives

30%

Federal Investment Tax Credit (ITC)

Deduct 30% of your total solar installation cost from your federal taxes. Available through 2032 with no dollar cap.

$1,000

Nevada State Incentive

Nevada offers a property tax abatement for solar installations.

Net Metering Policy: Avoided Cost

Top utility in Nevada: NV Energy. View full incentives detail →

Solar Costs by City in Nevada

City Annual Savings Payback (yrs) Population Utility
Las Vegas$1,46010641,903NV Energy
Henderson$1,4607.8320,189NV Energy
Reno$1,4608.3264,165NV Energy
North Las Vegas$1,4608.4262,527NV Energy
Sparks$1,4609.3105,006NV Energy
Carson City$1,4607.958,639NV Energy
Fernley$1,46010.320,733NV Energy
Elko$1,4608.620,078NV Energy
Mesquite$1,4608.318,177NV Energy
Boulder City$1,4609.315,023Boulder City Municipal

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Quick Facts: Nevada

  • ⚡ Avg rate: $0.115/kWh
  • 🌞 Peak sun: 6.2 hrs/day
  • 🏭 Top utility: NV Energy
  • 📋 Net metering: Avoided Cost
View all Nevada incentives →