How to Switch to Solar Power?
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Sit back while we take care of the design and permits and government incentive application for your solar panels. All you have to do is give us your approval to move forward!
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Solar Panel Installation in Nevada
Going solar in Nevada is easy an easy decision for homeowners – with gorgeous sunshine year-round and helpful tax incentives available to homeowners. In fact, Nevada has a solar access law that protects the homeowner’s right to install panels and generate electricity with their solar system.
How Much Can I Save?
Making the switch to solar means taking the steps to use a cleaner, price-protected energy source that can help lower your monthly utility bills. On average, homeowners can save $500-$600 their first year and between $29,099 – $39,369 for the lifetime of their panels.
- Many see a huge electricity bill offset
- The average monthly electricity bill in Nevada is more than $100
- With the Investment Tax Credit (ITC), you can reduce the cost of your PV solar energy system by 30%
How It Works
You’ve probably seen solar panels popping up more frequently around your neighborhood and wondered about how it all works. Luckily, the switch to solar and understanding how solar energy works is simple.
When sunlight hits the photovoltaic (PV) panels, electrons become excited, creating a direct current (DC) of electricity. This current is fed into an inverter, which converts DC electricity into alternating current (AC) electricity so it can be used by appliances in your home.
Nevada net metering gives credits to solar homeowners for the extra electricity that your solar panels generate.
Solar Incentives in Nevada
Claiming the ITC is easy. All you need to do is complete IRS Form 5695, “Residential Energy Credits,” and include the final result of that form on IRS Schedule 3/Form 1040. That being said, it’s important to note that this deal will not last forever. The time to make the switch is now.
The ITC is a 30% tax credit for solar systems on residential and commercial properties. The residential and commercial solar ITC has helped the U.S. solar industry grow by more than 10,000% since it was implemented in 2006, with an average annual growth of 50% over the last decade alone. Most recently, congress has passed a two year delay of the ITC phase down in 2020 allowing more homeowners to be eligible.
Although Nevada is known as the Silver State, it has some of the strongest sun in the country. It is no wonder that the Solar Energy Industries Association ranked Nevada as number five in its Top 10 Solar States.
Momentum Solar is in Nevada
Momentum Solar is known for its’ “no-strings-attached” offering — homeowners can go solar for little-to-no money out of pocket and, oftentimes, have the benefit of a lower electric bill. Affordable roof repairs or replacements are offered for homes that are being prepped for installation.
Momentum Solar is committed to helping Nevadans convert to clean, solar energy. We provide guidance at every step in the process, which includes helping you determine the best way to finance your system. In Nevada, three options are available to you:
- Pay upfront for your system: If you are able to, paying for your system outright offers substantial savings over time.
- Take out a loan: Many homeowners don’t have enough money to pay for their system outright, but taking out a loan allows them go solar sooner. There are several types of loans available and we can help you find the best one for your financial situation. With a loan, you’ll be able to get a solar system installed on your property for $0 down so you can start experiencing cost savings sooner. Once the loan is paid off, you’ll own your system.