Are Solar panels worth it in Nevada?
Due to the sunny climate, Nevada is a hub for solar energy. A recent study states that the state has the highest amount of solar installed per capita. Nevada falls under the top 10 solar installing states of the USA. Admittedly, the availability of sunshine makes it affordable for its citizens to switch to residential solar panels in Nevada. And keeping an eye on favorable conditions such as plenty of sunlight exposure, solar incentives, net metering, rebate programs, etc. Nevada is the best place for solar installation.
Is solar power worth it in Las Vegas?
Which Residential solar power should you install in Nevada to make it worth?
Finding the right solar power in Nevada can be confusing, but we are here for you. Now you can get customized residential solar as per your budget and concerns. But, one needs to know and understand some important aspects before getting a customized solar system in Nevada.
Although, the size of the installation largely affects the type of solar you’re getting. There are other factors that you should keep in mind while switching to home solar in Nevada. Furthermore, for how long you want to live risk-free, interpret which warranty period will be suitable for you. Wondering which solar panel to choose? Reach out to us to find the best residential solar in Nevada according to your needs.
How much energy can you get from Home solar in Nevada?
The amount of energy your solar can produce directly depends on the amount of sun exposure it gets. Favorably, in summers, the silver state Nevada gets seven hours of peak sunlight per day, which is huge. It allows your solar panel in Nevada to produce a significant amount of energy for you and help you save bucks in terms of reduced electricity bills.
Regardless of the huge dependency of the sunlight factor, you have zero control over it. However, there are certain factors that you can command- shading, the inclined angle of your panel, and the orientation of your panel system. Not to miss, the solar incentives programs and solar taxes in Nevada make residential solar a better alternative saving you a huge amount.
Rebates and Incentives in Nevada
The most favorable and reliable incentive in Nevada has to be the Federal Investment Tax Credit. Following this, you can now save 26% of the total cost of your solar system as a tax deduction on your federal taxes. For instance, if your solar system costs you $10,000, you can deduct an amount as huge as $2,600 from your federal taxes. In other words, the average cost of residential solar in Nevada is comparatively low to the existing electrical energy charges.
Apart from that, Nevada has established some great incentives for solar panel systems, making them extremely affordable. However, your area and utility company directly influences these additional incentives. Nevada’s solar access laws, NV Energy renewable generations rebate program, and the most suitable net metering incentive can be the right one for you- irrespective of what residential solar panels you choose in Nevada.
Does Solar Increase Home Value in Nevada?
Solar panel installation leads to an enhancement in the price of home value in Nevada. When a homeowner installs a solar setup at his home, the overall price of the property escalates. Later, if he wishes to sell out the property, he can claim a higher price because of the solar panels. Buyers prefer investing in a property that already has solar setups and is free from conventional energy dependence. So, if you are still in a doubt about whether or not to get solar panels installed at your property, do it now to reap maximum benefits.
How much do solar panels cost in Nevada?
The expense of solar installation per kilowatt is $2.60, and it comes with an average payback period of about 9.3 years. There are different important factors that influence the cost of solar panel installation, such as Government incentives, impressive electricity buy-back prices, Nevada state rebates, and so on.
Important solar installation factors to consider in Nevada
- Nevada receives ample sunlight throughout the year.
- The solar incentives offered by the Government motivate homeowners to switch to solar energy in Nevada.
- The Federal Investment Tax Credit ensures that you can save as much as 26% on the overall expenditure of solar panel installation in Nevada.
- Solar installation increases the value of any property in Nevada.
Nevada Net Metering for home solar
The amount of solar energy which seems extra to you can be sent back to the electrical grid with the help of net metering in Nevada. Thereby you can make some money. This extra energy can be used by another consumer who is facing issues like electricity blackout or lack of solar energy in cloudy weather.
Conclusion
Solar in Nevada is worth it.
The Nevada state is going head over heels on solar energy, and the credit goes to solar incentives it offers to the residents and its demographic. It’s high time for you to switch to a home solar panel system in Nevada, keeping in mind its benefits. Moreover, solar in Nevada helps you see reduced electricity bills and favors the environment- a win-win situation. However, choosing the best residential solar in Nevada can be a hectic task. But don’t worry; we have made it easier for you. Struggling to find the best residential solar panels in Nevada?
We at Clean energy savings USA can help you find the best fit for you. If you need any help with solar, please reach out to us for the best quick fix. We would love to help you out.