Is solar worth it in Nevada? You’ve probably heard lots of rhetoric about long-term savings by now, but you’re still wondering if it’s worth the hassle and the initial investment.
With Nevada being one of thesunniest states in the U.S., homeowners stand to save big year-round by using solar energy. In this article, we’ll help you better understand the savings potential of solar energy so you can decide if solar is worth it for you.
Is Solar Worth it in Nevada?
Nevada is ranked 6th nationwide for solar conversion and is relatively inexpensive when it comes to purchasing solar equipment.
Most Nevada residents can benefit from solar energy because of the frequent availability of sunlight in the region. But there are other factors to consider, as well, such as:
Monthly Electricity Consumption
The main reason many homeowners want to install solar panels is to cut costs on electricity. But if your home consumes only a small amount of electricity, you may not save enough money to get a return on your investment.
The average electricity consumed in a household per month should be 500 kWh. In general, we say that homes with monthly electricity bills of $100 or more are good candidates for solar.
The Cost of Solar in Nevada
If you want to save energy costs, consider the cost of solar equipment and make a comparison with other sources of energy, such as electricity. According to the Tracking the Sun report by Lawrence Berkeley National Laboratory, solar panel system prices per watt in Nevada range from $2.04–$4.78 with system sizes of 5-kW–10.2 kW and cost between $10,113 and $48,867. The median price for a solar panel system in Nevada is $3.88 per watt, and the median size of a system is 7 kilowatts, resulting in an overall cost of about $27,318.
The Amount of Sun Your Roof Receives
Solar panels use sunlight to produce electricity used in households. For example, in Nevada, areas with adequate sunlight are the best fit for solar panels. If you are a resident of Nevada, you can use solar panels to convert the sunlight available to electricity.
The direction of your roof can impact the efficiency of solar panels. Individuals who reside in Nevada with roofs facing south receive adequate sunlight converted to electricity and used in households.
Nevada Homeowners Can Save Using Solar
Nevada homeowners are in a prime position to reap the benefits of solar energy. With year-round sunlight, there is ample opportunity to harvest energy from the sun and reduce your reliance on grid power.
But solar power isn’t the best choice for everyone. If you own your home and are spending $100 or more on electricity costs, there is a good chance that solar is worth it for you.
Solar Optimum is an award-winning, elite-certified energy provider for homeowners and businesses in Nevada. Contact us to learn more about the benefits of solar energy.
