Best Solar Panel Installation Companies in Nevada

Nevadans have a great opportunity to save money by getting their energy from a resource they have in abundance: sunlight. Nearly a quarter of the state’s electricity production comes from solar power, and few states get more peak sun hours than the Silver State.

So what’s the price for going solar? The good news is that it’s less than it used to be. The price of solar panels has nearly been slashed in half within the last decade, and newly expanded federal tax credits mean you’ll get 30% back on the cost of a solar panel installation. 

Nevadans can also take advantage of a key state-level incentive, net metering. This policy allows Nevadans to send surplus electricity they produce back to the electrical grid for a credit on future power bills, further reducing the cost of their bills.

Here’s what to know before making the decision to get solar panels — starting with the best solar installation companies operating within Nevada.

Best national solar panel companies in Nevada

There are 54 solar installers operating across Nevada, according to the Solar Energy Industries Association. As solar continues to grow in popularity, the number of solar companies will also likely increase. 

Based on our research, we’ve compiled a list of solar panel companies that excel in the industry. Be sure to do your own investigation into installers in your area before signing a contract. Here are a few Nevada solar installers to consider.

Palmetto Solar

Best overall

Solar panels are typically low maintenance equipment, but they’re also unfamiliar. If you want to reap the benefits of solar but will have a bit more peace of mind if someone else is making sure it’s working, Palmetto might be a good fit for you. Just remember to add the cost of Palmetto’s monitoring service in to your payback period calculations.

SunPower Solar

Best solar panels

If you’re looking for top-of-the-line solar panels, SunPower is your best choice. But don’t write it off if you’re looking for a less flashy installation that will get the job done. This year it started installing Qcells panels, which should make an installation from the longest-tenured company on our list available to more people.

Elevation

Whole home approach

Elevation’s focus on your home’s energy efficiency isn’t the norm in the industry. If you’re planning on addressing energy efficiency first, working with Elevation allows you to keep the whole process with one company. Elevation’s solar equipment comes from well-established and well-regarded companies. Elevation’s warranties on workmanship and weatherization could be a bit longer.

Tesla Solar

Most affordable

Tesla’s solar branch seems to be the least loved of Elon Musk’s ventures. Even Tesla’s Solar Roof seems to get more love.

If price is the thing you won’t budge on, consider Tesla. By all accounts, Tesla installs quality panels and makes the closest thing there is to a household name in solar storage: the Powerwall.

Where you might miss out is customer service. Discussion online seems to suggest Tesla’s service is a bit of a gamble.

Momentum Solar

All in-house installers

Momentum installs in 11 states without using subcontractors. While using in-house installers doesn’t guarantee a better experience, it does suggest you’re likely to get a more uniform experience from Momentum. The fact that Momentum backs its installations with a 25-year workmanship warranty hints at a strong belief in its crews’ ability. If Momentum is part of your search, consider the warranties against leaks that other companies offer. Momentum’s is five years, which isn’t the best.

Local solar panel companies in Nevada

How to determine which solar company in Nevada is best for me

When you hire a solar installer, you need to be as diligent as you’d be when you’re hiring any other type of contractor doing work on your home. You want to have a general understanding of the installation process, know what the contractor is offering and make sure that you’re working with a reputable business.

First and foremost, you want to know if your contractor is using in-house employees. Some solar installation companies hire subcontractors for solar panel system installation, and you want to know what that could mean for your installation process.

It’s also important to make sure that you’re contracting with an installer that offers the price, warranty, and host of available products and services that you’re happy with. Make sure to check in with your neighbors, the Better Business Bureau and online review sites to make sure a reputable company is working on your home as well.

It’s important to make sure you’re getting the best possible deal you can. To that end, consult with four to five companies and get bids from them before moving forward with a particular installer.

Cost of solar panels in Nevada 

Here’s a look at the average cash price for a typical solar panel system before factoring in tax credits incentives, according to data from FindEnergy.com. Your system’s overall cost will also depend heavily on whether you get a solar battery.

Here’s the average cash price, cost per watt and solar panel system size per state, according to data from FindEnergy.com. These prices don’t make considerations for rebates from tax credits or state incentives. Certain states don’t have any FindEnergy solar data and are grayed out on the map.

Nevada solar panel incentives or rebates

Solar panels are a significant investment. Thankfully, solar tax credits and incentives are available in Nevada to make the switch to solar more affordable.

The Residential Clean Energy Credit is a federal solar tax incentive that credits 30% of the total cost of a solar system back to consumers. If you purchase a solar panel system in Nevada, you are eligible for this tax credit. The Residential Clean Energy Credit, formerly known as the Investment Tax Credit or ITC, was increased from 26% to 30% and extended after the Inflation Reduction Act was passed in August 2022. Based on Nevada’s median solar panel system cost, you could save as much as $8,194 with the federal tax credit.

You can apply for the Residential Clean Energy Credit by following the IRS-provided instructions and filling out form 5695 (PDF). Once the IRS approves your application, you will receive your 30% savings in credit when you file your federal tax return.

Nevada also offers net metering programs as an incentive for going solar. Net metering allows you to sell excess solar energy back to the grid in exchange for credits on your energy bill. These programs have undergone several updates in the last few years. Currently, consumers who live in the utility company NV Energy’s service area will receive a credit valued at 75% of the retail rate of electricity for the solar energy they send to the grid. Consumers living in Valley Electric Association’s service area will receive credits equal to 75% of the rate they pay the utility company.

Nevada does not have a property tax or sales tax exemption. If adding solar panels increases the value of your home, your property taxes could increase. 

Read more: Want something smaller than a whole-home solar system? See our picks for the best portable solar panels and solar generators.

How to pay for solar panels in Nevada

As with any major purchase, you will want to think about how to finance the cost of solar panels. Keep in mind, the money from the tax credit won’t be yours until after you’ve filed your taxes for the year the panels are installed. It’s also important to factor in the solar payback period, which is the time it takes to recoup your upfront investment and when savings begins. 

Here are some ways to pay for solar panels:

Solar loan: Your solar installer likely has a relationship with a bank or other financial institution to offer a loan designed for solar panels. This can be a great deal, but you’ll want to get multiple offers to ensure the rates and terms are the best.

Lease or power purchase agreement: Some solar companies allow you to lease your system or enter a power purchase agreement. If you choose to lease, you won’t own the solar system, you’ll just pay for use of the equipment. Entering a power purchase agreement means you’ll buy solar energy generated from the solar company to power your home. The price you’ll pay is usually lower than the retail rate from your local utility company. Note that not all incentives are available with a lease or power purchase agreement.

Personal loan: You can also borrow the money through a personal loan. The main difference between a personal loan and a home equity loan is that a personal loan is typically unsecured. That means your house isn’t at risk. The downside is they tend to have shorter terms and higher interest rates than home equity products.

Cash: This approach only works if you happen to have thousands of dollars sitting around in a bank account. If you don’t have that yet, but you want solar panels in the future, consider saving money in a high-yield savings account. Interest rates are high right now, and this can help you save faster.

Home equity: You don’t have to use a loan from your solar company. Financial institutions offer home equity loans and lines of credit (or HELOCs) that are commonly used for home improvement projects. These loans can be used for basically any purpose, and they may be a good fit for your solar project. Shop around and make sure you’re getting the best deal.

Installation factors to consider

Investing in solar panels is a big financial decision. Considering this investment from every angle before signing a contract is important. Some installation factors to consider are:

• Your home’s roof. The shape, size and slope of your home’s roof will determine how much power solar panels produce. The Department of Energy states solar panels will be most efficient on roofs sloping between 15 and 40 degrees. Before installing solar panels, you should also consider whether your roof needs repair or replacement. Older roofs may not be able to handle the installation process.

• HOA and neighborhood requirements. Nevada law prohibits HOAs from banning or restricting solar panel systems. Currently, this law states HOAs can’t “unreasonably restrict” the efficiency of solar systems by more than 10%. Still, your neighborhood may have specific requirements or processes for solar installation. Be sure to check ahead of time about whether there are any approval steps you need to take.

• Insuring your solar system. After installing a solar system, you should contact your homeowner’s insurance agency to update your policy so it covers the solar system. Most homeowners’ policies cover solar panels and don’t require a separate policy, but check with your agency for specific details.

• Where you live. Solar panels generate electricity in direct and indirect sunlight. However, they’ll generate more power when they receive at least four hours of direct sun each day. Solar systems in Nevada should run efficiently as the state normally receives more sunny days each year than the US average. But if your home gets shade coverage throughout the day, a solar panel system will not produce as much power as it would in direct sun.

• Renting your home. If you live in an apartment or rent your home, you will need to ask your landlord or rental management company if you can install solar panels. If the answer is no, community solar programs are an alternative option. These programs let you subscribe to solar power produced by panels at another location (usually near your home) and get a credit on your energy bills. The subscription price is lower than the value of the credit you receive. 

How we found the best solar companies 

Nevada solar power FAQs