There are numerous benefits to solar energy, which explains why more residents and businesses are going solar every day. Many benefits await property owners who convert to solar energy, including slashing or eliminating electric bill costs, increasing their property’s value, generating revenue, and for commercial customers – getting good publicity, which can lead to more business. Like any other consumer goods, however, there are various factors to consider when deciding whether or not solar is a good fit for you. Before calling up the closest Las Vegas solar company to install solar on your property, you’ll have to evaluate your roof’s condition, how you’ll connect to the grid, whether you want to own the system or lease it, and more.
Most solar panels Las Vegas end up on rooftops, which typically collect plenty of sunlight and are good choices for saving space. What many people don’t realize, however, is that the age, shape, weight load, and type of roof factor into the cost of a solar system installation. A general rule of thumb is that solar energy systems should not be installed on buildings with roofs that are halfway or more through their lifespan. Roofs start to sag and leak as they age, which can pose safety hazards and lead to more costly roof repairs down the road. Your chosen installer should perform a roof evaluation to determine its viability during the initial consultation.
Connecting to the Grid
Although they’re required to provide rebates for solar, third party utility providers vary in the credit rates they offer for their customers’ solar installations. They can also set their own rules for connecting to the grid. Before you choose to use solar panels Las Vegas, it’s a good idea to check with your utility company first to determine what their policy is for solar. Some questions to ask include how long it will take to get your system attached to the grid, how and when you’ll get credit for electricity produced, and whether or not you’ll need to pay connection fees.
As with buying a house or car, you have the option of either buying or leasing a solar energy system. Fully owning a system is often recommended for those who have adequate financial capital. In 2018, the average cost of a residential solar electric system in Nevada, before rebates, ranges from $17,000 – $18,500. In price per watt, that’s about $3.40. With the federal tax credit and state incentives applied, homeowners can expect to break even on their system installations in 10 or 11 years. The alternative option is leasing, which requires a minimal or even zero percent down payment. Customers choosing to lease will save the expense of paying for a system up front. If you choose to lease, be sure to find out whether you, your utility company, or your installer will end up owning the system at the end of the lease term.
Lastly, although you’re probably eager to get a solar system up and running on your property, don’t just go with the first Las Vegas solar company you find. Spend some time shopping around first, which you can do online or by asking others you know who they used for their solar system installations. Aim to get at least five quotes and customer reviews before selecting an installer.