Tuesday, November 14, 2017

Nevada Solar Systems - Increasingly Affordable and Cost Effective


Kevin D. Romney is a respected Las Vegas business executive who manages Radiant Solar Solutions and installs sonnenBatterie solar-energy residential systems that incorporate backup power and peak saving capacities. Active with the Bring Back Solar Alliance, Kevin D. Romney has engaged with state legislators in expanding the reach of rooftop solar throughout Nevada.

With states such as California and Arizona leading the way in residential solar power, Nevada ranks fourth nationwide in installed capacity and industry job creation. Approximately 500,000 Nevada homes operate on solar, with nearly 10 percent of total energy statewide coming from clean, renewable solar technologies.

On average, Las Vegas solar panels cost $3.45 per watt, with the average solar system in late 2016 costing less than $19,000, before incentives and rebates. Over the past five years, solar prices have decreased by nearly two-thirds, which has led many homeowners to install rooftop panels.

Among the key incentives in place is a solar panel rebate of $0.245 per watt of installed solar energy. The Federal Government also offers a 30% tax credit, which can translate into thousands of dollars of savings per system. The long-term economic benefits of such systems are well demonstrated, with savings averaging $26,710 over a two-decade period.