How To Save Money With Solar Power

If you’re considering switching to solar energy in Las Vegas, NV, Lifetime Solar has cost-effective options that can save you money by maximizing your initial and long-term savings. Your NV Energy bills will only continue to rise, but good AC is a necessity in the desert, and what would our local economy be like without a whole lot of lights? Fortunately, solar panel installation only gets more affordable. Let us show you how.

A Great City For Solar Energy

When it comes to saving money with solar panels, location means everything: more sunlight = more savings. The Vegas Valley receives over 300 days of sunshine a year, making it the ideal city for solar installation.

Solar Panel Incentives In Las Vegas

Although your solar panels will involve an upfront investment, they help you save a lot of money. By installing commercial or home solar panels, you may be eligible for both federal and local solar rebates. You’ll also save on your monthly power bills, which adds up over time.

• Solar Tax Credits – As of 2020, you can receive a 26% federal investment tax credit on your income taxes if you install residential solar panels. You’ll need to act fast, though, because this incentive will be reduced to 22% in 2021, and will disappear entirely for homeowners by 2022. Commercial solar will be eligible for a permanent 10% tax credit after 2022. Check with your accountant to ensure eligibility and exact savings.
• Net Metering – Private solar energy systems are connected to the local electric grid, which in Las Vegas is maintained by NV Energy. On the days when your panels generate more energy than your household can use, the excess energy gets sent “backward” into the city’s power grid, and you can receive credit for it.
• Long-Term Energy Savings – With solar panels, you’ll be able to save on your utility bills because you’ll be using significantly less electricity from NV Energy’s power grid. At Lifetime Solar, our SunPower solar panels come with a 25-year warranty, so you’ll be able to reap at least two-and-a-half decades’ worth of energy bill savings.

Save Money With Lifetime Solar

Our solar company offers you both panel system design and installation services. We’re proud to be an authorized dealer of SunPower solar panels in Las Vegas. Contact Lifetime Solar today and learn more about how to maximize your solar savings and get your free quote.