Why You Should Install Solar at Your Las Vegas Home
Solar technology is a fairly new concept. However, with increased strain on fossil fuels, solar energy will be the next eco-friendly alternative. That aside, if you live in Las Vegas, you may wonder if installing a solar panel benefits your home.
Certainly, solar energy has remarkable benefits worth considering.
Read on to understand the benefits of installing solar in Las Vegas.
Reduce Your Energy Bills
The most outstanding benefit of solar energy is reducing the home energy bill. According to KTNV Las Vegas, an average home in Las Vegas pays a monthly electricity bill of $110.76 and an annual cost of $1,329. On the other hand, a solar panel with a 1 kW rating can generate 750-850 Kilowatt hour (kWh) of energy every year.
Assuming you live in a 2,500 square foot home in Las Vegas, installing an 8.17 kW solar system can produce enough power for your home needs. Since Nevada receives sunshine almost 300 days a year, installing solar in Las Vegas means you can generate your energy and significantly reduce electricity bills.
Reduce Environmental Pollution
Solar panels are incredible eco-friendly energy sources. The UN Chronicle affirms that solar technology is less carbon-intensive and produces no notable emissions during generation. Moreover, life cycle assessments of solar power technology demonstrate a smaller carbon footprint than traditional fossil fuels.
For this reason, investing in solar for your Las Vegas home reduces dependency on fossil fuels that pollute the environment. As a result, you’ll eliminate the carbon footprint that is presently a major contributor to environmental degradation.
Enjoy Incentives and Tax Credits
Many incentives are available to Las Vegas residents with solar panels in their homes. For this reason, Nevada is popularly known as a solar-friendly state.
One such incentive is the Net metering system. Under the program, you can generate surplus energy from your solar system and sell the excess energy to an approved utility company.
Before then, you must connect your solar system to the country’s national electric grid. As a result, your preferred utility provider will monitor your output and retain the excess energy. Meanwhile, you’ll continue taping from the general electric grid, provided the solar energy output remains consistent. The surplus energy is an incentive to your bill, leading to a lower electricity bill in the long run.
Increase the Resale Value
Many homeowners often wonder if installing solar in Las Vegas can add home value. The good news is that a home with a fully installed solar system has more resale value than one without a solar system.
Picture this, assuming you found identical homes in the same location and with similar features. However, one home has a highly efficient solar system that covers the monthly energy bill while the others don’t. Wouldn’t you buy the home with solar panels so you save on energy costs?
According to Zillow, a home with a solar system can fetch 4.1% more resale value than a home without solar energy. Therefore, a home with a market value of $200,000 means an additional $8,200 on the total resale value.
Prospective buyers with substantial energy requirements prefer solar-equipped homes because they know they will save on energy costs. In addition, solar-equipped homes will likely have related amenities such as heated floors and water heating systems.
Final Thoughts: Is Solar Energy Worth Anything?
A solar system is a worthwhile investment in Las Vegas. Installing solar enables you to lower utility bills and generate clean, sufficient energy. Additionally, it increases home value, so you fetch a higher resale value in the long run.
Cooper Roofing & Solar specializes in rooftop solar installation services across Nevada. If you’re ready to reduce your carbon footprint and save on energy bills, contact us for a free project estimate.