Solar Savings Calculator for Reno, NV

Homeowners in Reno pay an average of $148/month for electricity through NV Energy. With 5.8 peak sun hours per day, solar panels can significantly reduce your energy costs.

$148
Avg Monthly Bill
16¢/kWh
Electricity Rate
5.8h/day
Peak Sun Hours
$51,463
Est. 25-Year Savings

Calculate Your Savings in Reno

Adjust Your Details for Reno, NV

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
5.6 kW
Panel Count
14 panels
Total System Cost
$14,840
Federal Tax Credit (30%)
-$4,452
Net Cost
$10,388
Annual Savings
$1,776
Payback Period
5.8 years
25-Year Savings
$51,463
Return on Investment
495%

* Estimates based on 5.8 peak sun hours/day in Reno, NV, system cost of $2.65/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Reno

Utility & Permits

Utility Company
NV Energy
Permit Cost
$350
Permit Timeline
2-4 weeks
Net Metering
partial

System Estimates

Recommended Size
5.6 kW
Panel Count
14 panels
Gross Cost
$14,840
Net Cost (after credits)
$10,388

Available Incentives for Reno, NV

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Nevada Net Metering

Credits for excess solar energy exported to the grid at 75% of the retail electricity rate.

75% of retail rate for exports

Other Cities in Nevada

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