The Pros and Cons and Solar Energy for Homeowners in Clark County, Nevada

Cons of Solar Energy

Solar energy can be a great way to save money and reduce your carbon footprint, but that doesn’t mean every homeowner will experience the same benefits. Here are some reasons why solar may not be right for you:

Equipment Costs

When you switch to solar energy, you can expect some upfront costs, but that is the case with any home investment. Solar panels and systems are not cheap, and you are making a change to your property. Costs can vary depending on several factors, but the initial cost generally falls between $15,000 to $25,000. You’ll need to make a significant down payment before you can reap the long-term cost benefits of solar.

Do You Use A Lot of Energy?

You are getting your energy from a grid that has stored power, and it is all borrowed. Calculate how much power your home needs daily and calculate the amount of energy a solar system can produce for your home. Will you make enough, or will you still need to pull a large portion of power from the grid? That can determine if the system you are looking at is sufficient or if you need to go with a more practical option. 

Pros of Solar Energy

While you may have some objections to getting a solar system in Clark County, there are some great benefits. Here are some of the ways solar energy can improve your life and your community:

Environmentally Friendly

When you invest in solar energy, you invest in the environment and a renewable energy resource. This is enough for many residents to move to a plentiful energy option, especially in Nevada. You can choose panels and power walls that absorb the energy and provide storage for excess energy. If you stay on the grid, you can allow others to benefit from your excess energy, reducing the need for traditional energy resources.

Tax and Energy Incentive

While there are a lot of upfront costs to getting a solar panel system for your home in Clark County, there are some tax incentives and rebates available to help offset those initial costs. For example, nder the current Federal Investment Tax Credit, homeowners who purchase a solar system in 2022 can save 26% on the total cost.

Reduced Energy Bill

If your home produces more energy than you use, you may be able to get an incentive or credit from your energy company that helps with your overall costs. Having a reduced energy bill is one thing when you are producing most or all of your energy. It is even better to overproduce and have a credit on your account to offset future costs when you cannot generate as much energy.