Solar Panel Savings in Ely, NV
Calculate how much you can save with solar panels in Ely, Nevada. Based on 6.4 peak sun hours/day and 13.7¢/kWh average electricity rate.
6.4
Peak Sun Hours/Day
13.7¢
Avg Rate (¢/kWh)
9.7 yr
Payback Period
$52k
25-Year Savings
Ely Solar Overview
Calculate Your Ely Solar Savings
Ely average: $123/mo
South-facing roofs produce the most energy
Add $8,000-$12,000 for whole-home battery backup
Annual Production
kWh/year
Annual Savings
per year
Net System Cost
after 30% ITC
Payback Period
break-even time
25-Year Total Savings
$52,330
Monthly Savings
$128
Federal Tax Credit
$6,228
Cumulative Savings vs System Cost
Cost Breakdown
| Item | Ely | National Avg |
|---|---|---|
| Gross System Cost (6kW) | $20,760 | $17,100 |
| Federal Tax Credit (30%) | -$6,228 | -$5,130 |
| Net System Cost | $14,532 | $11,970 |
| Cost Per Watt | $3.46/W | $2.85/W |
Solar Potential in Ely
Sun Hours vs National Average
Ely gets 42% more sun than the national average.
Climate Advantages
- 293 sunny days per year
- Average temperature: 65°F — moderate climate with good solar conditions
- Average roof size: 1,618 sq ft — enough for a 89-panel system
Ely Solar Incentives & Programs
Federal Investment Tax Credit (ITC)
30% of total system cost deducted from federal taxes. For a $20,760 system, that's a $6,228 credit. Valid through 2032.
Nevada State Incentives
NV Energy solar rebate program.
Net Metering — NV Energy
NV Energy offers net metering in Ely. Earn credits for excess solar energy sent to the grid, reducing your electric bill further.
Environmental Impact in Ely
4.7
Tons CO2 Offset/Year
77
Equivalent Trees Planted
1.1
Homes Worth of Energy
Based on 11,213 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.
Solar Energy in Ely, Nevada
Ely, Nevada receives an average of 6.4 peak sun hours per day, placing it among the best cities in the country for solar energy production. With electricity rates averaging 13.7¢ per kWh from NV Energy, below the national average, but with rates rising 2-3% annually, the long-term savings are still meaningful.
A typical 6kW solar system in Ely produces approximately 11,213 kWh per year, saving homeowners an estimated $1,532 annually. The system pays for itself in about 9.5 years, after which you enjoy essentially free electricity for the remaining 16+ years of the system's warranty life.
Ely has a solar penetration rate of 1.2% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 93.3 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.
Other Cities in Nevada
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Las Vegas, NV
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Sparks, NV
Frequently Asked Questions
How much do solar panels cost in Ely, NV?
The average cost of a 6kW solar panel system in Ely is approximately $20,760 before incentives ($3.46/watt). After the 30% federal Investment Tax Credit, the net cost is about $14,532. NV Energy solar rebate program.
How many peak sun hours does Ely get?
Ely, NV receives an average of 6.4 peak sun hours per day and approximately 293 sunny days per year. This is above the national average of 4.5 hours, making it an excellent location for solar energy.
What is the solar payback period in Ely?
The average solar payback period in Ely is approximately 9.7 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $52,330.
Does Ely have net metering?
Yes, Ely has access to net metering through NV Energy. This allows you to earn credits for excess solar energy sent to the grid, significantly improving your solar investment returns.
Is solar worth it in Ely, NV?
Absolutely. With a 9.7-year payback period and $52,330 in 25-year savings, solar is an excellent investment in Ely. The 30% federal tax credit and local incentives help make solar financially attractive.