Top 6 Reasons to Install Solar in Las Vegas
With energy costs continuing to rise worldwide, going solar in Las Vegas continues to be a hot topic. If you’re wondering whether installing rooftop solar panels might be a good idea for your home or business, you’re in the right place. Here’s a look at some of the reasons why this could be one of the smartest decisions you make this year.
1. Save Money on your Electric Bill
Many people switch to solar to lower their energy consumption. Since the Vegas area gets approximately 300 days of sunshine each year, you’ll typically be able to generate enough energy each day to fully power your home. This can significantly reduce, or in some cases even eliminate your electric bills.
2. Reduce Your Carbon Footprint
Global warming and climate change are significant problems that aren’t going away any time soon. This is one reason why the state of Nevada has committed to a Renewable Portfolio Standard, setting a goal of generating 50% of its energy using renewable energy sources by 2030.
When you install solar in Las Vegas, you become part of the solution rather than contributing to the problem. Your solar system will allow you to significantly reduce your consumption of fossil fuels and your dependence on traditional energy sources.
3. Take Advantage of the Solar Investment Tax Credit
The federal government is currently offering a solar investment tax credit equal to 30% of the total cost of your solar panel system. This provides you with a dollar-for-dollar reduction in the amount of income taxes you would otherwise owe.
For example, if you spent $20,000 on your solar system, you would receive a tax credit of $6,000. If the total amount of income taxes owed was $7,000, the credit would reduce this to $1,000.
4. Enjoy the Protection of Solar Access Laws
Nevada’s Solar Access Laws protect the right of residents and business owners to install solar panels on their property. This means you won’t have to fight your homeowner’s association (HOA), local government, or any other organization when it comes to making the decision to switch to solar.
5. Earn Money with Nevada’s Net Metering System
One huge advantage of going solar in Las Vegas is the ability to earn money through the state’s net metering system. This allows you to sell the excess energy your solar panels produce back to the utility company. Currently, both NV Energy and Valley Electric Association provide credits worth 75% of the retail rate. These credits can help offset the initial cost of installing your new solar system.
6. Increase Your Property Value
Going solar can also be a very smart investment. Installing solar panels on your home is considered an “upgrade,” similar to renovating your kitchen or master bathroom. The Appraisal Journal found that for every $1 your solar system reduces your annual utility bill, your home value increases by approximately $20.
For example, if your annual energy bill decreases by $1,000 after installing your solar system, you can assume that the system added approximately $20,000 to your home’s value.
Explore Solar Installation for Your Las Vegas Home or Business!
As you can see, going solar in Las Vegas can be a great idea! Before you make the switch, be sure to find a solar professional with roofing experience to complete your installation.
At Cooper Roofing & Solar, our experts use advanced solar installation techniques to ensure your system is safe, stable, and will last for decades. You can also trust that we will complete your installation without damage to your roof, gutters, chimney, or skylights. Contact us today to learn more and request a free estimate.