Going solar also comes with some upfront expenses. Fortunately, homeowners don’t have to spend their entire life’s savings to take the leap. This article will list some of the ways that Clark County homeowners can go solar on a budget.
How to Go Solar On A Budget
That’s right! Quality solar equipment and professional installation doesn’t have to cost a fortune. Here are some steps you can take to reduce the upfront costs and go solar on a budget:
1. Take Advantage of Solar Incentives
There are many federal and local state solar incentives that you can research as you plan your solar panel installation. Homeowners in Clark County can take advantage of the federal solar tax credit, which offers a 30% credit to residents who buy and install solar panels. If you add battery storage to your system at the time of purchase, you can claim a 30% credit on that expense, as well.
Different states use different policies to incentivize and bill those who generate solar energy. These approaches can directly impact the cost-effectiveness of mounting solar panels on your roof.
To find out what incentives apply to your home, visit the DSIRE website. All you need to do is enter your zip code, and you will receive a comprehensive list of all the incentives and policies available in your state.
2. Choose Smart Financing
States, solar companies, and other entities usually provide financing options to help homeowners cover the initial costs. So, if you don’t want to drain your savings account, look into low interest financing options where you live.
Be sure to explore different financing alternatives and compare the costs involved. For instance, you may find that different financing structures are more beneficial to you depending on your situation.
3. Get Multiple Quotes
If you are going solar on a budget in Clark County, seek quotes from different local installers to see which providers are the most competitive. But don’t just accept the lowest quote. You’ll need to dig a little deeper to see what exactly is included in the quote. Look for thing such as:
- What products are they recommending? DIfferent makes and models come with different price tags.
- How experienced is the installer? Less experienced installers may do an inferior job or even cause damage to the roof and/or equipment.
- What warranties are included? You shouldn’t settle for less than a 25-year warranty on equipment, installation, roofing, and performance.
Consider looking for references, reviews, and ratings to learn more about these service providers before making a purchase decision.
4. Choose American Made Solar Panels
A lot of solar panels are manufactured in China. And while these panels have historically been more affordable, recent tariffs and economic inflation have increased the price of imported solar panels. In fact, many installers are facing inventory shortages which is driving the prices of imports even higher.
Brands such as Solar4America that are manufactured in the U.S are more readily available and generally come with a lower price tag than some big name brands.
Get the Best Quotes with Solar Optimum
Are you looking to go solar on a budget? Solar Optimum wants to help you! In addition to solar panel financing and helping you claim federal and state rebates, we also offer monthly promotions to help you see savings immediately.
Contact us today to see what offers are available to homeowners in Las Vegas, Henderson, North Las Vegas, South Las Vegas, Blue Diamond , and Summerville.
