Solar Panel Installation Contractors in Las Vegas, NV
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Solar Panel Installation in Las Vegas
Las Vegas is a place known to use huge amounts of energy to keep its entertainment industry working. Fortunately, this beautiful Nevada city is blessed with tons of sunshine year round, and especially during summertime. Solar panel installation in Las Vegas is on the rise, and for good reason. Recently, the Solar Energy Industries Association (SEIA) placed the whole state ranked at number 5 in the Top U.S. Solar States.
As a result, it strengthened the call for more residents and businesses to switch to a more energy efficient power source, solar energy. To encourage more people to do such, the state has offered solar panel installation incentives and rebates to help its Las Vegas residents save more money.
Best Solar Power Incentives in Las Vegas
Las Vegas, plus other Nevada towns and cities, are offered great solar incentives when they install solar panels for electricity generation. The top two solar incentives include:
Nevada Solar Investment Tax Credit
The Federal ITC (Investment Tax Credit) is one of the best ways for lowering your solar expenses. You can reimburse about 25% of your solar expenses, including the equipment and installation costs, from federal taxes.
Nevada Solar Access Rights Incentive
Not only Las Vegas, but the entire state of Nevada follows Solar Access Laws that uphold a resident’s right for solar panel installation and energy generation. No contract or document can prevent property owners from solar panel installation, which helps you to generate your electricity at minimal to no cost.
So, what are you waiting for? Search for the best solar panel installers in Las Vegas and generate sustainable electricity today. Aside from lowering your utility expenses, utilizing solar energy also helps save the planet.
How Much Does Solar Installation Cost in Las Vegas?
The cost for solar panel installation in Las Vegas, NV can range between $12,500 to $17,432 for the average sized home that will need a 5 kilowatt solar panel system. The total cost for solar installation may vary depending on local labor rates and a few other factors that your solar contractor can help guide you through.
How Does the Nevada Solar Incentive and Rebate System Work?
Because of the lucrative offer of solar incentives and rebates, many Las Vegas homeowners decided to do solar panel installation over the past few years. The Nevada (NV) Energy Renewable Generations Rebate Program is the state utility’s initiative to encourage more homeowners and businessmen to shift from traditional energy to solar energy.
You become eligible to join the rebate program if you place and utilize a solar energy systems on your property. Nevada Energy will give back $0.15 for every watt to the ratepayers if they opt for solar energy installation. If you are curious to see if this incentive is available for your home we suggest speaking with a local Las Vegas solar installer and discuss your options and figuring out what exactly the cost of solar panels will be.
Solar Net Metering in Las Vegas – How It Works
Solar net metering in Las Vegas allows homeowners to gain credit by selling electricity they generate through solar energy back to their local utility company. The rules vary depending on the Nevada utility company that you use.
- NV Energy is the Nevada State utility company. Its customers have credits of about 95% of the electricity rate for their solar power. Because of the high positive response among property owners for solar panel installation, credits for new customers decreased in value. The current credit values for new applicants lowered by 7%, considering a 75% minimum credit value rate for every 80 megawatts of solar panel installed.
- Valley Electric Association is a private non-profit utility company in Nevada. If you installed a solar panel to generate electricity and you are under their service territory, you can have credits for your solar electricity for the same rate that you usually pay your utilities. It means that if you installed the proper solar panel size for your property, you can use your credits to cover your electricity consumption for one whole year.
Solar Buying Guide for Las Vegas, Nevada
Since Las Vegas, Nevada residents enjoy approximately 300 days of pure sunshine each year, why not use this free energy source to reduce monthly utility bills. With temperatures topping the 100-degree mark during the summer and dropping to an average low of 34-degrees in January, Las Vegas HVAC systems work overtime maintaining inside comfort levels, leading to hefty electric bills. Solar panel installation can cut your power bills down significantly or even earn you an energy credit from your utility company. Las Vegas residents considering a solar panel installation often do not know where to begin. The following solar installation guide will help point you in the right direction by covering the initial steps necessary to achieve solar power in Las Vegas, Nevada.
Getting Started With Solar in Nevada
The first order of business when purchasing a solar panel system is to obtain the services of a local, solar contractor. While you can certainly purchase solar panels from the internet and attempt to install them yourself, installation is complicated and often times the panels sold on the web are inferior to those supplied by a solar contractor or company. Since solar panels and their related components are expensive, it is recommended in this buying guide that you hire a professional for the project. This will ensure that you receive an efficient system, maximized energy production and a professional installation installed correctly and most importantly, safely.
Selecting a solar contractor requires receiving at least three written estimates from reputable companies. In addition, you should also ask for copies of their state license and insurance coverage to verify their legitimacy. You can verify contractor license status through the Nevada State Contractors Board or by clicking here. In addition, follow up with insurance verification by contacting the applicable insurance company and check with the BBB “Better Business Bureau” for customer complaints and/or recent legal actions.
Solar Permits in Las Vegas, Nevada
Solar panel installation requires a building permit in Las Vegas, Nevada. While you can apply for the permit yourself, this should fall under the responsibilities of your solar contractor. Homeowners and licensed contractors can apply for a building permit through the City of Las Vegas online permitting website by clicking here. In addition, you can apply for a building permit in person by visiting the Clark County Building Department, 4701 W. Russell Road, Las Vegas NV 89118-2231. Office hours are Monday thru Friday (excluding holidays) 7:30 A.M. to 4:00 P.M. For more information call (702) 455-3000.
Solar Power Options in Las Vegas
The two most common forms of solar power used in residential construction are solar panels for electricity production and solar or thermal water heating. Listed below is a brief introduction to these systems.
Solar photovoltaic “PV”
Photovoltaic systems—solar panels—are fabricated using semiconducting materials that produce direct current—DC—electricity when they are exposed to sunlight. The direct current travels to an inverter which is necessary to convert DC electricity to alternating current—AC—electricity to power your home or business. Your PV system can connect to the grid “grid-tie system” — or be independent “off grid system” of the power grid. Off-grid systems use storage batteries to supply power when conditions are not conducive — nighttime — for solar power production. Hybrid systems connect to the grid but also include storage batteries. In the event of a power outage, your home would receive power stored in the batteries.
Solar thermal water heaters use a series of tubes in a collector that concentrate sunlight to heat water directly or a non-freezing heat-transfer fluid. The heat-transfer fluid is non-toxic and resists freezing making it ideal for areas that are subjected to freezing temperatures during the winter months.
Reducing the Costs of Solar Power Installation in Las Vegas
Many programs around the United States and available to Las Vegas residents are designed to lower the costs of solar panel installation. Most notably is the federal government’s 30-percent tax credit. The credit, extended through 2019, is a dollar for dollar tax credit, not a deduction, which amounts to a huge savings on the cost of a solar panel system. Click here to view IRS form 5695, which covers residential energy credits.
You can also search for additional rebate and incentive programs in Las Vegas by visiting the DSIRE “Database for State Incentives for Renewables and Efficiency” website. Simply enter your zip code in the search box and view the results.
Most home improvements that add value to your property will also increase your property taxes. The state of Nevada has enacted a solar property tax abatement. This means that even though you can expect your property value to increase after a solar panel installation, your property taxes will not rise.
Solar Panels – Return on Investment
Financially speaking, solar power is a great investment with annual returns averaging 10 to 15-percent. However, while a high-efficiency solar panel system will offset the monthly costs of electricity immediately, it could take several years for the solar panels’ payback to even out.