Get a Quote from Our Solar Specialists

Cost Calculator

This calculator compares three 25-year options: No Solar System, PPA or Lease, and Purchasing.

No Solar vs PPA vs Purchase Comparison

$ / kWh

Solar System Production

kW DC
kWh
Used to calculate total lifetime energy needs.

$ / kWh
The โ€œlocked-inโ€ starting price.
How much your PPA rate increases every year.

Nevada average starting range:
$0.08 – $0.12


$ / Watt

*Current median price in Las Vegas

No Solar
$0
25-Year Utility Cost
  • Year 1 Avg Bill $0 / mo
  • Year 25 Avg Bill $0 / mo
  • Equity Built None

Current NV Energy Rate

PPA / Lease
$0
25-Year PPA Cost
  • Year 1 Avg Bill $0 / mo
  • Year 25 Avg Bill $0 / mo

Learn more about PPAs

Purchase
$0
Net System Cost (Paid Off)
  • Power Cost (Yrs 10-25) $0 (Free)
  • MaintenanceHomeowner

Microinverter reliability

How much maintenance

25-Year Cost Comparison
No Solar Utility Cost (Assuming 4% inflation)
PPA Cost (With 2.9% escalator)
Purchased (Net Out-of-Pocket)
FeatureSolar PPA / LeaseSystem Ownership
Upfront Cost$0 DownHigh (Or requires a loan)
Maintenance & RepairsSolar company covers all repairs and monitoring.You are responsible (covered by warranties).
Selling the HomeSelling a home with a PPA can be challenging, as many buyers may be hesitant to take over a contract initiated by someone else.Homes with solar sold for 6.9% more than homes without solar panels, on average. Easy transaction.
Long-Term ValueMaybe cheaper than the grid, but you never stop paying the bill.Power generated is free once the system is paid off.

Disadvantages of PPA / Lease

  • No added property value
  • Difficulty selling your home
  • Locked into a contract that can be sold without your consent
  • Uncapped escalator clause
  • Vague performance guarantees
  • Same-day signing pressure
  • No written buyout schedule
  • Missed payments can result in liens on your home.

For more information: Solar Equity Solutions, Solar Reviews

Contract Insights

    Disclaimer: This calculator models the cost of the energy produced by the solar system. It assumes your system covers 100% of your usage and models a standard 0.5% annual panel degradation. Ownership cost is shown as the Net Cash Price (Principal) for a direct comparison of total outlay; financing the purchase with a loan will add interest costs not shown here.