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Nevada State 54 solar panels available
6.09 hours of peak sunlight
Nevada offers a decent amount of sunlight – enough to substantially offset your electricity bills
Send any excess power to the grid — the utilities are required by law to purchase it
8 years payback period
A solar power system in Nevada pays for itself a couple of times during its lifespan
Reduce the cost of your system by 26%
Get a quarter of the PV system cost off your taxes with the Federal Solar Tax Credit
The law is on your side
Nevada allows solar easements, which protect the landowner’s right to access sunlight
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The US government wants more people to go solar: it’s a modern and green way of getting energy. This is why the Solar Investment Tax Credit (ITC) program was developed. It allows American citizens to claim 30% of the cost of their installation as an income tax deduction. The cost here is not only solar panels, but also shipping, installation expenses and more. For example, if your system overall made you spend $10,000, the government returns you $3,000. To claim the ITC, complete all the necessary forms and submit them when filing your taxes.
Solar laws in Nevada oblige all investor-owned utilities to offer net metering. Net Metering allows residential solar owners to put the excess electricity into the utility grid instead of storing it with batteries. When you sell your solar power to the grid, you receive credits that can be used to offset your next bills. The value of the credits is equal to 75% of the retail rate. These conditions won’t change for 20 years after a customer joins the program.
Portfolio Energy Credits are certificates granted to any person or entity upon generation of each kWh of clean electricity. Unlike with Net Metering, you don’t need to sell any electricity to get credits. There are two web platforms to store and sell them: NVTREC and WREGIS. The value of PECs is always changing, which makes them similar to stock market assets. Based on the available data, selling PECs could mean anywhere from $300 to $1,000 annually for a 10 kW solar system. To participate, register your system with the Public Utilities commission of Nevada.
A solar easement contract is a written agreement between you and another party, for example, your neighbor. This type of contract helps to ensure that your solar panels in Nevada will always have adequate sun exposure, protecting you from potential obstacles. It is voluntary, but can not be cancelled unless a specific clause is included in the document. Once signed, it is tied to the land, not the owner. It must include the following elements:
It is legal to install solar panels on your house in Nevada. The state has several laws to protect its residents from unreasonable restrictions, including those implemented by homeowners associations (HOAs). Thus, any prohibition shall be considered unlawful. The legislation grants HOAs the right to place size or aesthetic requirements, but only if they are sensible, meaning they do not decrease performance by more than 10%.
Something you should remember:
Being one of the states with the highest wildfire exposure in the country, Nevada is a place where strong winds and power outages are a real issue. Solar panels can survive most hurricanes, and they can lend you a helping hand in case of a blackout. Several utilities in Nevada implement planned outages programs to mitigate wildfires. Thousands of homes may be left without electricity due to these measures or infrastructural damages. According to the Environmental Protection Agency, the regularity and strength of natural disasters are growing – all the more reason to give solar panels a try.
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