Go Solar Today.
Lower your electric bill, increase your property value, reduce your tax liability, and help the environment.
A top 5 state in solar energy production, Nevada offers its homeowners some of the most generous tax credits, rebates and incentives in the nation.The Renewable Generations Rebate Program is one of them, offering Nevada Energy customers a major opportunity to get paid for their solar panel systems. Homeowners taking advantage of this rebate are getting $1.35 per watt generated, maxing out at $13,500. That’s a lot of green for going green.
Participants in the Renewable Generations Rebate Program must also take part in Nevada Energy’s net metering program, which pays homeowners for the electricity their solar panel systems produce. Basically any excess energy, meaning electricity produced beyond what you’re using each month in your home, is credited to your account, and that credit is carried forward indefinitely. I bet you never thought your energy company would be paying you!
Homeowners in Nevada are eligible for a property tax exemption equal to 100% of the value of their solar panel systems. There is no maximum and homeowners can take advantage of the exemption for all fiscal years following the installation of the system.
The ITC, also known as The Federal Investment Tax Credit, is also available to Nevada homeowners who purchase their solar panel system outright. This credit amounts to 30% of your solar system’s cost after deducting the value of your state rebates. But this one isn’t going to be around forever. By the end of 2019 ITC credits will drop from 30% to 26%. The following year, after 12/31/2020, the tax credits for installations will drop to 22%. This is one of many reasons why it makes sense to go solar now.
Lease agreements and loan terms can be customized based on your needs, resulting in complete solar panel system installations with zero out of pocket upfront for the homeowner. Our specialists will work with you hand in hand to ensure you take advantage of all the state and federal incentives, credits, and rebates that are available to the Nevada homeowner. We’ll even handle all of the paperwork, streamlining the process for you to get your solar panel system installed hassle free. So just sit back and watch as your energy bill gets crunched in half.
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