Tax incentives and rebates

Solar panel installation in Las Vegas, NV benefits from significant tax incentives and rebates. The Solar Investment Tax Credit (ITC) is the federal policy responsible for supporting the massive growth of solar energy across the USA. Under ITC and the Inflation Reduction Act (IRA), homeowners can get a 30% tax credit for installing solar systems on their property. Additionally, NV Energy Residential Energy Storage Incentives also lets homeowners add new batteries to their rooftop solar panel systems for additional rebates.

Boost property value

On average, homes with solar panels can sell for 4% more than the market rate. But in North Las Vegas, installing solar panels can increase your property value by 5.4% or $21,000.

Long-term energy saving

Long-term energy saving with solar panel installation in Las Vegas is substantial. With a payback period of 8.15 years, an average 5kW solar system can help North Las Vegas homeowners save $38,584 over 20 years. Additionally, initiatives like net metering or residential energy storage initiatives can help you receive bill credit and offset your monthly energy use from the grid.

Environment friendly

As one of the first US states to commit to 100% clean energy, Nevada has taken several steps to boost environmentally friendly energy alternatives across the state. With its readily available solar energy, North Las Vegas homeowners can contribute to this goal by installing solar systems on their properties.