Solar Panels Cost 4.0k-12k in Whitney CDP, NV | October, 2024

Solar Panels Cost $4.0k-$12k in Whitney CDP, NV | October, 2024

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

In Whitney CDP, NV, the price per watt of solar panels is around $2.86 per watt in October, 2024.

Put another way, solar panels will cost you about $2,860 per 1 kW (or 1000 watts) of generation capacity. In Whitney CDP, you can expect to spend around $10,010 for a 5 kW system once the 30% federal income tax credit is factored in. It's important to note that a more extensive system might be essential to meet your energy demands.

To the left, you can select your county to find the typical roof size and average maximum capacity for solar panel systems on homes in your area. See below a full breakdown of the {price|costs, 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.
Whitney CDP: $10,010US Average: $12,562
Average Payback Period The number of years until you break even on the solar investment.
Whitney CDP: 6 yearsUS Average: 7 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Whitney CDP: $19,295US Average: $15,784

Solar Potential in Whitney CDP

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

Roof size 822sq. ft.
Capacity 11.5kW DC
Electricity 18.7kkWh AC per yr.

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

For Whitney CDP energy consumers, the average electric bill is $139.98 per month, with a usage of 848 kWh. These numbers encompass apartments and other smaller homes with lower energy needs.

The mean rate for electricity in Whitney CDP, NV during October, 2024 is 16.5¢ per kWh.

In Whitney CDP, a system size of 6 kW or higher is needed for the average energy user to account for their full power usage demands. The cost of a a 6 kW solar installation is approximately $17,160 initially, but the federal tax credit provides a 30% credit, lowering your final cost to $12,012.

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Average solar panel costs by system size in Whitney CDP

Displayed below and to the left, you can find a detailed price breakdown for different solar panel system sizes set up in Whitney CDP. A larger solar array will expectedly cost more, but it will also provide more significant electricity savings and increased income tax credits.

In the solar panel cost calculator located down and to the right, you can examine a cost and benefit breakdown to match an average $139.98electric bill in Whitney CDP. To get customized results, just adjust the $139.98to match your usual electricity bill amount.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $587 a year
Est. Price
$4,004
Savings from a 2kWthis system
  • Est. yearly production 3,455 kWh
  • Est. monthly savings $49
  • Full payback in 2 years
Environmental Impacts
  • Reduces CO2 emissions by 2.27 tons a year
  • Equivalent to planting 104 trees a year
  • Equivalent to driving 5,613 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $881 a year
Est. Price
$6,006
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 3.4 tons a year
  • Equivalent to planting 156 trees a year
  • Equivalent to driving 8,420 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,175 a year
Est. Price
$8,008
Savings from a 4kWthis system
  • Est. yearly production 6,909 kWh
  • Est. monthly savings $98
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 4.54 tons a year
  • Equivalent to planting 208 trees a year
  • Equivalent to driving 11,227 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,468 a year
Est. Price
$10,010
Savings from a 5kWthis system
  • Est. yearly production 8,637 kWh
  • Est. monthly savings $122
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 5.67 tons a year
  • Equivalent to planting 260 trees a year
  • Equivalent to driving 14,033 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,762 a year
Est. Price
$12,012
Savings from a 6kWthis system
  • Est. yearly production 10,364 kWh
  • Est. monthly savings $140
  • Full payback in 7 years
Environmental Impacts
  • Reduces CO2 emissions by 6.49 tons a year
  • Equivalent to planting 298 trees a year
  • Equivalent to driving 16,058 mi less a year

Whitney CDP Solar Panel Installation Incentives & Rebates | 2024

Eligible rural small businesses and farms might have their photovoltaic or wind turbine installation costs covered by the REAP Grant, ranging from 80% to 100%. If you think you might be eligible, try our REAP Grant eligibility tool to check your qualification.

For those looking into residential solar, the 30% federal income tax credit is accessible to almost all homeowners, which makes solar a sensible option in many states. Alongside federal efforts, state and local programs help to support the use of solar power.

Residents of Nevada can access 16 solar rebate and incentive programs from a range of utilities and governmental agencies.

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 Whitney CDP looking to stay in their homes past the payback period of their solar system, solar panels make excellent sense. Over a 20 year period, a 5 kW solar system in Whitney CDP, NV could save you approximately $23,585.2, with the average break even time being 6 years.

The cost of not having solar panels in Whitney CDP, NV

Without solar panels or another energy backup source, you miss out on the savings discussed earlier and are completely dependent on your electric utility for power. Numerous recent news reports have illustrated that total reliance on your utility isn't always the best idea.

Lately, utilities in Whitney CDP have reported an average of 0.95 outages per customer annually. Each outage lasts an average of 99.74 minutes. In the case of major events such as thunderstorms, overloaded power grids, or vandalism, this period can increase substantially.

Having a solar panel system, with or without a backup battery, could lessen the pressure of any future outages you may encounter.

Power Outages

Currently, 0 customers are being tracked in Clark County.

Learn more

Customers Out:

0

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

Your Energy Needs - Although the initial cost is greater, the cost per watt drops with larger solar panel systems. Installing a solar panel system that can cover the electric bill is advantageous to individuals because of the reduced long-term costs.

Make & Model - Solar panels and mounting equipment are offered in a wide variety of makes and models. The installer you select may have specific brand preferences, so it's crucial to choose a highly rated company. Better equipment generally result in an better long-term experience for the buyer.

Solar Panel Type - Monocrystalline panels have become the industry standard, and for good reason. These panels have a higher cost but yield more energy. Most installers in the industry utilize panels made of this material.

Your Property - Each property and home has its own characteristics. Factors like sloped land, trees, or additional hurdles can make the installation more challenging. Most solar installers currently use satellite imagery to assess your home and factor in these elements into the first cost estimate.

Labor Rates - Employees receive varied wages from different companies, and these costs are handed down to the consumers. Companies typically receive higher reviews for their services and customer service when they pay higher wages.

Permitting & Interconnection - The cost of your installation will be influenced by the local permitting and utility interconnection fees, which change depending on the area. Quality local installers will integrate these figures into your first estimates to prevent any surprises.

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Who are the best solar installers in Whitney 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.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

IonSOLAR

Provo, UT(888) 781-7074

Services

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

Simple Power Solar

Reno, NV(775) 786-4006

Services

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

SunPro Solar

Mandeville, LA(866) 599-3643

Services

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

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

Palmetto Solar

Charleston, SC(855) 339-1831

Services

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

SunPower Corporation

San Jose, CA(800) 786-7693

Services

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

Sunnova Energy

Houston, TX(866) 786-6682

Services

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

Sunrun

San Francisco, CA(833) 394-3384

Services

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

Knight Electric

Ogden, UT(801) 782-8219

Services

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

PE Solar

Tempe, AZ(480) 264-0690

Services

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

City Electric Supply

Dallas, TX(866) 634-9853

Services

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

Infinity Energy

Rocklin, CA(888) 244-2513

Services

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

LightEdison

Denver, CO(888) 966-6377

Services

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

Empire Solar Group

Salt Lake City, UT(800) 467-4562

Services

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

Badass Energy

Claremont, CA(909) 320-9860

Services

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

Whitney CDP, NV Solar Panel Cost FAQs

  • As of October, 2024, the average solar panel installation cost in Whitney CDP, NV has reached $2.86/W. After the federal tax credit, the estimated cost for a 5 kW solar panel system in Whitney CDP, NV is roughly $10,010.
  • Homeowners in Nevada can take advantage of 16 different rebates and incentives from a variety of utility companies and government agencies. Moreover, the 30% federal tax credit is accessible to nearly everyone.
  • Paying cash yields the most savings, but there are now several financing options for solar panels that are also financially beneficial. Many installers have partnerships with financing companies and will include this information in your initial quotes.
  • Yes, in Whitney CDP, NV, 5 kW solar panel systems typically pay off in 6 years, and users save around $23,585.2 in electricity costs over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-10-01