Solar energy is on the rise in many different cities and states, so today we’re going to go over if residential solar in Las Vegas is worth it for you. We’ll lay out the many benefits of going solar while giving you the breakdown on pricing as well. Factoring in all of these will help any homeowner decide if going solar is for them or not. Let’s dive in and figure out if getting residential solar in Las Vegas is worth it.
What Are The Benefits Of Going Solar?
First off, we want to sort out the benefits of going solar. The benefits make a great starting place to just figure out why people are choosing to go solar and what you can get out of it if you do decide that going solar is for you. Here are the benefits of getting residential solar in Las Vegas:
- Reduces your electric bill
- Great return on investment, especially with energy savings
- Increases home value
- Better for the environment
- Many solar incentives to take advantage of
- Solar energy is easy to maintain
- Great for energy conservation
There are other benefits to going solar, but these are the benefits that homeowners are most likely to see and notice very soon after switching to solar energy.
How Much Does It Cost To Go Solar?
Homeowners typically are wondering about the price of going solar especially when deciding if it’s worth it for their family. There are many factors that go into determining the cost of your solar energy system. For example, the size, wattage, and location will factor into the pricing. With that being said, for the state of Nevada, the cost per watt is about $2.50 to $3 per watt, which makes an average system run for the homeowner around $14,000.
Remember that there are many incentives and tax exemptions that you can look into when you go solar. These incentives give you a bit of that initial investment back when it comes to tax time. Always hire a professional to install your solar panels and get up your solar energy system as this is an important job that must be done by a professional.
Do Solar Panels Add Value To Home In Nevada?
A great benefit that was mentioned earlier is that going solar can increase your home value. If you opt to choose residential solar in Las Vegas then you can expect to increase your home value by at least $12,000 right after installation. It then will go up from there as time goes on and as the system saves on energy. As the home saves more each year on energy, this will increase your home value each year as well. Going solar in Nevada is popular and many home buyers are looking for energy efficiency, so the home value is sure to go up even just from that aspect.
Is Solar Popular In Las Vegas?
Solar energy is actually very popular in Nevada and especially in Las Vegas. The city of Las Vegas has run on 100% renewable energy since 2016 and they are continually upholding this percentage. As of 2020, Las Vegas ranked in the top 10 for solar energy. So it’s safe to say that solar energy is very popular in Las Vegas. Thi snakes for a great selling feature if you’re looking to sell your house.
How Long Do Solar Panels Last?
Solar panels typically range based on how long they last, but on average they will be fully functioning as they did from day one for about 25 to 30 years. Once it hits two or three decades, these panels are ready to be discarded and recycled. This is because the solar panels will not work as well as they had previously, so it’s important to remember that these panels do not last forever. However, within this 30-year span, you’d have expected to save about $20,000 to $30,000 on energy bills.
Is Going Solar Worth It?
Getting residential solar in Las Vegas is ultimately up to you and what’s best for your family and situation. With that being said, there are a lot of different benefits that come from going solar and even with a high investment cost up front, solar energy pays off in the end. It’s a great way to save on energy, increase home value, appeal to more buyers, and help save the environment.
These benefits are only a few that you’ll be able to take advantage of after going solar. Remember though that you should always use a professional solar energy company to install and set up your solar energy system at your home. You can contact a solar energy company that works with residential solar in Las Vegas to get started with setting up your solar energy system as soon as possible.