Solar Panels Cost 4.9k-14k in Fallon Station CDP, NV | October, 2024

Solar Panels Cost $4.9k-$14k in Fallon Station CDP, NV | October, 2024

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How much do solar panels cost in Fallon Station CDP, NV in 2024?

In Fallon Station CDP, NV in October, 2024, the current price per watt for solar panel installations is estimated at $3.52/W

In accordance with this rate, expect to pony up $3,520, on average, for every 1000 watts (or 1 kW) of solar energy your solar system can produce. In Fallon Station CDP, you can expect to spend approximately $12,320 for a 5 kW solar installation once the 30% federal income tax credit is factored in. It should be noted that a larger system could be necessary to adequately cover your energy requirements.

Choose your county from the menu on the left to find out the typical roof size and maximum solar panel capacity for homes in your area. Shown below is a breakdown of the price, payback period, and 20-year average savings for a 5 kW system in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Fallon Station CDP: $12,320US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Fallon Station CDP: 7 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Fallon Station CDP: $15,995US Average: $15,784

Solar Potential in Fallon Station CDP

Estimated system size and solar electricity production per median viable roof in
Fallon Station CDP.

Roof size 921sq. ft.
Capacity 12.88kW DC
Electricity 19.9kkWh AC per yr.

Electricity Costs in Fallon Station CDP, NV & What that Means for Your Solar Panel Pricing

In Fallon Station CDP, energy consumers usually see an average electric bill of $139.98 each month, with an average consumption of 848 kWh. Flats and other smaller residences with reduced energy requirements are included in this data.

The average rate for electricity in Fallon Station CDP, NV during October, 2024 is 16.5¢ per kWh.

Typical citizens in Fallon Station CDP may need a solar panel system of 6 kW or larger to cover their entire electricity consumption requirements. Before any incentives, a 6 kWsolar system is priced at approximately $21,120, after the 30% federal tax credit, the final cost is $14,784.

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Average solar panel costs by system size in Fallon Station CDP

Shown on the left and below is the cost analysis for multiple sizes of solar panel systems installed in Fallon Station CDP. The initial cost for more extensive solar systems is higher, but they also provide more significant electricity savings and larger income tax credits.

The solar panel cost calculator below and to the right details costs and benefits, using an average $139.98 electric bill in Fallon Station CDP For results that are more specific to you, modify the $139.98 to reflect your typical electricity bill.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $587 a year
Est. Price
$4,928
Savings from a 2kWthis system
  • Est. yearly production 3,455 kWh
  • Est. monthly savings $49
  • Full payback in 3 years
Environmental Impacts
  • Reduces CO2 emissions by 1.27 tons a year
  • Equivalent to planting 58 trees a year
  • Equivalent to driving 3,148 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $881 a year
Est. Price
$7,392
Savings from a 3kWthis system
  • Est. yearly production 5,182 kWh
  • Est. monthly savings $73
  • Full payback in 4 years
Environmental Impacts
  • Reduces CO2 emissions by 1.91 tons a year
  • Equivalent to planting 88 trees a year
  • Equivalent to driving 4,722 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,175 a year
Est. Price
$9,856
Savings from a 4kWthis system
  • Est. yearly production 6,909 kWh
  • Est. monthly savings $98
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.54 tons a year
  • Equivalent to planting 117 trees a year
  • Equivalent to driving 6,296 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,468 a year
Est. Price
$12,320
Savings from a 5kWthis system
  • Est. yearly production 8,637 kWh
  • Est. monthly savings $122
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 3.18 tons a year
  • Equivalent to planting 146 trees a year
  • Equivalent to driving 7,871 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,762 a year
Est. Price
$14,784
Savings from a 6kWthis system
  • Est. yearly production 10,364 kWh
  • Est. monthly savings $140
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 3.64 tons a year
  • Equivalent to planting 167 trees a year
  • Equivalent to driving 9,006 mi less a year

Fallon Station CDP Solar Panel Installation Incentives & Rebates | 2024

If you own a plot or small business in a rural area, the REAP Grant might cover between 80% and 100% of your photovoltaic or wind turbine installation costs. Wondering about your eligibility? Use our REAP Grant eligibility tool to check.

Adding residential solar panels comes with a 30% federal tax credit, available to most homeowners, making it a good option for many areas throughout the United States. Apart from the federal incentives, state and local programs also work to boost solar energy uptake.

A total of 16 solar incentive and rebate initiatives are available in Nevada from multiple utilities and government bodies.

Solar incentives in NV

Southwest Gas Corporation - Smarter Greener Better Solar Water Heating Program

Value:Up to $3,500

Residential, small commercial, and public-sector customers of the Southwest Gas Corporation may be entitled to rebates on new solar water heaters. The available rebate amount for each particular customer will depend on the capacity of their solar collectors and the expected heating performance. Additional details, including application forms, are available from the SWG website.

Revolving Loan Program

Value:Up to $1,000,000

The Nevada Governor's Office of Energy offers revolving loans to support new renewable energy investment and energy efficiency improvements across the state. Initial funding for the loan program was obtained from the 2009 federal stimulus package. Available principal per loan ranges from $100,000 to $1 million at market interest. Repayments will immediately "revolve" back into the loan pool to aid another borrower, with interest adding additional funding. Loans may be used for a breadth of energy efficiency projects, but they may not fund research projects, real estate purchases, or refinancing. Additional information is available from the NVGOE website.

Property Tax Abatement for Green Buildings

Value:Up to $100,000

In Nevada, new multi-family residential, commercial, or industrial property and renovation projects may be eligible for property tax abatements if they meet green construction standards. Eligible buildings should meet or exceed the requirements for LEED Silver certification and pursue formal accreditation from the US Green Building Council. Longer abatement periods are available for buildings earning Gold or Platinum certification. The maximum abatement period is 10 years. Businesses that produce manufactured goods should create at least 25 non-corporate jobs during the abatement period.

Southwest Gas Corporation - Residential Energy Efficiency Rebate Program

Value:Varies

Residential customers of the Southwest Gas Corporation may be entitled to rebates on new energy-efficient equipment and improvements. Available rebate offers will vary from time to time. Additional details, including application forms, are available from the SWG website.

Solar Contractor Licensing

Value:Varies

Contractors supervising the installation or repair of solar energy systems in Nevada should have the proper license from the state board. Valid licenses include C-37 and C-1 for solar water heating, C-2 for solar PV, C-21 for solar HVAC, and Classification A for large/utility-scale solar facilities. Workers performing the installation or repair of a solar energy system should have a photovoltaic installer's license. Applicants for this license will need to pass a state exam; if the applicant is a contractor, they will also need to present pertinent contracting licenses. Homeowners do not need a solar contracting license to install or repair their own solar devices.

NV Energy (Northern Nevada) - Business Energy Efficiency Rebate Program

Value:Varies

NV Energy (Northern Nevada) operates a rebate and incentive program to support large commercial, industrial, and public-sector customers making energy efficiency improvements. Available rebate offers will vary from time to time; current offers may apply to both new and existing facilities. Additional information is available through the NV Energy website.

NV Energy (Southern Nevada) - Business Energy Efficiency Rebate Program

Value:Varies

NV Energy (Southern Nevada) operates a rebate and incentive program to support large commercial, industrial, and public-sector customers making energy efficiency improvements. Available rebate offers will vary from time to time; current offers may apply to both new and existing facilities. Additional information is available through the NV Energy website.

NV Energy - Clean Energy Incentive Program

Value:Varies

SolarGenerations is a rebate and credit purchasing program for NV Energy's interconnected solar PV and thermal customers. Systems in northern and southern Nevada have equal opportunity to apply, though solar collectors must not exceed a maximum total capacity of 500 kW. Owners of participating small solar energy systems up to 25 kW will earn an up-front rebate of 50% of installation and interconnection costs. Larger systems will earn five years' worth of performance-based incentives (PBIs) in exchange for all renewable energy credits generated by the system through the period. PBI rates vary depending on the type of property and the rated capacity of the system. Additional information is available from the NV Energy website.

Valley Electric Association - Net Billing

Value:Varies

Residential and commercial renewable energy customers of the Valley Electric Association may be eligible to participate in net billing contracts. Generally, the net billing program only serves systems rated for less than 25 kW, but some special exceptions may be made for larger systems in the utility's interest. The utility will purchase net excess generation (NEG) from a customer's system at a rate of 75% of the average retail price. Payment takes the form of a credit on the customer's bill. Should credit amount exceed the customer's liability in any given month, credits can roll forward to subsequent cycles until the end of the year. At that time, the remaining excess credits cannot be claimed. Additional information is available from the VEA website.

Energy Portfolio Standard

Value:Varies

Nevada first adopted a renewable portfolio standard in 1997 to plan for statewide renewable energy investment. Current goals require 50% of retail electricity in Nevada to be generated using renewable technology by 2030. Qualifying technologies include solar, wind, biomass, hydroelectric, and "waste tires." Compliance is measured through a "portfolio energy credit" (PEC) system pegging one kilowatt of energy to a fluctuating dollar value. All renewable energy systems generate these credits, though utilities are expected to purchase some of their standard PEC quota from private customers using net billing contracts or other contractual agreements. Additional information is available through the Nevada Public Utility Commission website.

Net Metering

Value:Varies

Since 1997, private utilities in Nevada have been required to offer net metering contracts to their renewable energy customers. Any system under one megawatt in capacity can qualify for net metering, with all associated fees waived for systems under 25 kilowatts. Under net metering, the utility will install a bidirectional meter onto a customer's system determining the amount of net excess generation (NEG) sent back to the grid. The customer will receive a bill credit for this NEG at a fixed avoided-cost rate. Should generation exceed consumption for a given billing cycle, credits can move forward to subsequent cycles. Utilities may limit the total number of customers under net metering or restrict access to systems that supply more electricity than a customer regularly consumes.

Local Option - Special Improvement Districts

Value:Varies

NOTE: This law only allows for the creation of PACE districts. There are currently no operational PACE programs in Nevada. Communities and counties in Nevada may form or join property-assisted clean energy (PACE) districts. With the usual exception of single-family homes or multi-family residential property under five units, any property will be able to apply for specialized energy efficiency loans through their local PACE program. Maximum available principal, interest rates, and other terms and conditions will vary from program to program. Repayment takes the form of a property tax lien senior to mortgages; this means should the borrower sell their property, the new owner will be responsible for continuing loan payments. Additional information is available from the Nevada State Office of Energy.

NV Energy - Solar Thermal Heating Program

Value:Varies

Residential, small business, public sector, and nonprofit customers of NV Energy (Northern Nevada) may be entitled to rebates on new solar water, space, or pool heating systems. The new equipment should replace a conventional electric or gas heating system. The available rebate amount for any given customer is equal to half of the purchase price and installation costs of the system. Single-family homeowners may earn up to $3,000, with higher caps of $7,500 and $30,000 for businesses and nonprofits/government organizations respectively. Additional information is available from the NV Energy website.

Portfolio Energy Credits

Value:Varies

In Nevada, compliance with the state renewable portfolio standard is measured with Portfolio Energy Credits (PECs). In the absence of credit multipliers, one PEC represents the price of one kilowatt hour generated with renewable technology. Credit multipliers apply to different renewable technologies. Solar PV systems in use before January 2016 will generate 2.4 PECs per kilowatt hour. Systems after the date cutoff will generate a variety of smaller multipliers based on how the customer uses and maintains their system. NV Energy will buy credits from customers at an instantaneous fair market value. To begin generating and selling PECs, customers should register their energy system with the Nevada Public Utilities Commission.

Large Scale Renewable Energy Property Tax Abatement (Nevada State Office of Energy)

Value:Varies

In Nevada, businesses may qualify for a property tax abatement on large renewable energy systems or their respective components. Qualifying technologies include solar, wind, geothermal, hydroelectric, fuel cell, and some biomass. The maximum possible abatement is 55% for 20 years. The taxpayer should be prepared to keep their system operational for a minimum of ten years. They must also create a minimum number of construction jobs, including providing workers with health insurance and a minimum benefits package. Additional information is available from the Nevada State Office of Energy.

Renewable Energy Sales and Use Tax Abatement

Value:Varies

In Nevada, state sales tax abatements are available for certain mid-sized commercial renewable energy systems. An abatement lasts for three years and will lower tax rates on energy a system generates to 2.6%. Qualifying systems should be rated for at least 10 MW in capacity. Solar/geothermal systems exporting energy for at least 25,840,000 BTU of heat may also qualify. As a condition of receiving the abatement, property owners may be required to create construction jobs for Nevada residents. New positions should include health insurance and minimum benefits packages. Additional information is available from the Nevada State Office of Energy.

Are solar panels worth it in Nevada?

For those in Fallon Station CDP looking to stay in their homes past the payback period of their solar system, solar panels make excellent sense. With a 5 kW solar system in Fallon Station CDP, NV, the average savings over a 20 period is $21,275.2, with break even generally occurring at 7 years.

The cost of not having solar panels in Fallon Station CDP, NV

Besides missing out on the savings outlined above, not installing solar panels or an alternative backup energy source results in total reliance on your electric utility for electricity. Recent news examples have indicated that complete dependence on your utility provider isn't always ideal.

Every year, customers in Fallon Station CDP face approximately 0.95 outages each year. Outages typically last for an average of 99.74 minutes. Major occurrences like hurricanes, wildlife damage, or grid management errors can lead to a significant rise in these time frames.

Whether it comes with a backup battery or not, a solar panel system could reduce the strain of any future power interruptions you may encounter.

Power Outages

Currently, 0 customers are being tracked in Churchill County.

Learn more

Customers Out:

0

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What impacts the cost of solar panels in Fallon Station CDP, NV?

Your Energy Needs - Larger solar panel systems require more upfront investment, but the cost per watt declines as the size of the system grows. Installing a solar system that makes sufficient electricity to eliminate their electric bill is beneficial to most individuals, ensuring savings.

Make & Model - Solar panels and mounting equipment, like many other products, are offered in a variety of makes and models. The brand preferences of your selected installer can make it crucial to choose a highly rated company. The selection of better equipment can greatly better the long-term experience for buyers.

Solar Panel Type - Monocrystalline panels have become the industry standard, and it's easy to see why. Even with a higher cost, this technology generate more energy. Most installers opt for panels crafted using this material.

Your Property - Each property and home has its own characteristics. Factors such as uneven land, trees, or other obstacles can make the installation more challenging. These days, solar installers can utilize satellite images to evaluate your home and include these considerations into the preliminary cost estimate.

Labor Rates - Companies remunerate their employees in varying amounts, and these costs are transferred to consumers. It is frequently observed that businesses with higher wages receive superior reviews for their work and customer service.

Permitting & Interconnection - The cost of installation will be influenced by changing local permitting and utility interconnection fees. That said, quality local installers will be able to build these numbers into your initial quotes so there are no surprises.

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Who are the best solar installers in Fallon Station CDP?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Powur PBC

Del Mar, CA(866) 467-6987

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Micrometer Engineering

Scottsdale, AZ(602) 790-5749

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

IonSOLAR

Provo, UT(888) 781-7074

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.

Simple Power Solar

Reno, NV(775) 786-4006

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Installation of batteries for energy storage.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.

Dividend Finance

San Francisco, CA(415) 805-7000

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Hunt Electric

Salt Lake City, UT(801) 975-8844

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Monitoring of independent energy generation.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Knight Electric

Ogden, UT(801) 782-8219

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

PE Solar

Tempe, AZ(480) 264-0690

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Installation of batteries for energy storage.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

Infinity Energy

Rocklin, CA(888) 244-2513

Services

  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

LightEdison

Denver, CO(888) 966-6377

Services

  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Badass Energy

Claremont, CA(909) 320-9860

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Consulting on all things solar related.

Fallon Station CDP, NV Solar Panel Cost FAQs

  • During October, 2024, the average price for solar panel installations in Fallon Station CDP, NV is $3.52/W. The installation of a 5 kW solar panel system in Fallon Station CDP, NV will cost about $12,320 after federal tax credits.
  • At present, there are 16 rebates and incentives available to Nevada residents from various utility and government programs. Additionally, the vast majority qualify for the 30% federal tax credit.
  • Opting for cash payments results in the highest savings, but there are now multiple financing options for solar panels that are beneficial. Your initial quotes will often contain information about financing options provided by installers.
  • Yes, the average 5 kW solar panel payback time in Fallon Station CDP, NV is 7 years, with expected savings of $21,275.2 on electricity over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01