Las Vegas Solar Installation: Everything You Need to Know

The Las Vegas solar industry is booming more than ever before - and rightfully so. Solar power is eco-friendly and renewable, which helps lower your carbon footprint. But these are not the only benefits of installing a solar system in your home. Here are the top reasons solar energy is worth it.

Several financing options make solar systems more affordable. Most solar companies partner with banks to offer solar loans. This is great if you don’t have enough money to pay upfront. 

Another financing option is government loans for solar panels. The Federal Housing Association (FHA) offers loans for financing solar energy systems when buying or refinancing your mortgage.

Additionally, solar panels are increasingly affordable, especially with the  extension of the federal residential solar tax credit. As a Las Vegas resident using solar systems, you can claim a 30% tax incentive on the cost of solar systems on your income taxes.

According to the Energy Information Administration,  the typical power bill is expected to rise this summer by 2% in any American household. This is bad news if you haven’t installed solar in your house. Because solar systems convert free energy from the sun into electricity, Las Vegas solar for businesses and homes offers an excellent opportunity to save money on electricity bills. 

How much you save depends on: 

• The amount of electricity you use monthly. 
• The size of your solar energy system (and how much energy it can generate). 

Larger solar systems are more money-saving in the long term because they collect more energy from the sun to meet your household's electricity needs. Here’s another way solar saves money.

Leased, third-party-owned panels allow you to host a solar energy system on your rooftop. And then, you buy back the electricity generated at a discounted rate. This is cheaper than paying for electricity from the power grid and locks in electricity bills for years. That way, you save money with solar.

Sunshine is enough for solar panels to produce power. They can generate sufficient electricity to power an average American home in all seasons, even in winter when there are more hours of darkness and fewer hours of daylight. Additionally, the U.S. Department of Energy has test centers nationwide to ensure solar panels can withstand harsh weather elements.

Solar allows you to produce your own electricity. As a result, you can keep the lights on when there’s a power disruption in the grid. Residential solar systems (and Las Vegas solar for businesses) can be paired with battery storage systems, which provide electricity regardless of the time of the day and weather. 

This makes perfect sense, considering battery technology is improving quickly. Additionally, financial incentives for energy storage are taking effect across the country.

Installing a solar energy system can boost your property’s value. Research has proven so. A Berkeley National Laboratory study revealed that home buyers consider solar panels as upgrades, just like a renovated kitchen. And buyers are willing to pay premium prices for a home with an average-sized solar array. 
However, solar will not necessarily add value to your home in all circumstances. While prepaid leases can occasionally make your home more valuable, a third-party-owned system may neutrally impact your property.

Cooper Roofing & Solar provides rooftop solar systems for residential and commercial properties in Las Vegas. Get a free estimate from solar experts.