*Note - The Public Utility Commission has made changes to net-metering (see "News" tab) and may change the return on investment. Owning a residential solar power systems still has a good return on investment. The new rulings however did not have a favorable result for leasing companies. Here are some of the outcomes from the ruling.
- NV Energy Rebates are still in effect
- The 30% federal investment tax credit has been extended
- The 3% net energy metering cap has been lifted
- Most residential solar PV customers have a return-on-investment from 7 to 12 years
- Solar modules are designed to last 30 to 40 years and have warranties from 25 to 30 years
Please contact us for a more detailed explanations and proposals.Show us your power bill and we will develop your free power bill analysis and proposal so you can see your return on investment.
Several factors influence the cost of solar power system for your home, including:
- Assumes installation roof mounted at 20 degree angle facing due south (other directions have less production).
- Assumes electrical service is capable of accepting a solar PV power system without modification.
- Assumes no shading of solar PV modules.
- Other aspects affecting the price and size of your solar PV system include your current annual energy usage and NV Energy rebate availability.
- Actual power bill will be used to determine actual solar PV pricing and incentives
- The 30 percent federal investment tax credit* qualifies for residential solar PV systems.
Your residential solar consultant will provide you with a more detailed proposal and information.
*Consult your tax professional for more information on your individual tax credit.