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Are Solar Panels Free In Nevada?

How to get free solar panels in Nevada

Are Solar Panels Free In Nevada?

If you live in the state of Nevada, you may be eligible to have free solar panels installed on your home.

In this overview, we'll walk you through the process of getting free solar panels in Nevada, including the qualifying criteria and the best options for working with a state-licensed installer.

Keep reading to learn more or get in touch with our experts to discuss the specific details for your home!

Find out if you qualify for Nevada savings programs!

Do I Qualify?

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Step 1: Review Your Options

  • Cash Purchase 

A cash purchase of your solar system (outright payment) is a type of solar payment that hands you eligibility for solar incentives and rebate programs. This usually yields the best return on investment after over 25 years of acquisition. Forget about the high initial payment; cash purchase gives you the best financial return.  

  • Personal Loan 

Personal loan purchases come with a zero or low upfront payment. If you make a solar panel purchase through a personal loan, you are eligible for solar rebates and incentive programs; the problem is that you retain a saving cost relatively low compared to outright payment. 

Moreover, the payback time on your solar panel acquisition largely depends on your utility company's interest rate, solar size, upfront cost, and energy efficiency. And lastly, you have between two and seven years of solar acquisition for repayment of your lease based on the agreement. 

  • Solar Leases or PPAs

If you want a no-cost maintenance method to acquire your solar energy, PPA is excellent for you. It's an easy way for homeowners to purchase a solar system with zero upfront payment. But the fact that you don't own the solar equipment adds zero to no value to your home, making it best suited for non-residential usage. 

In addition, you can sign PPAs for up to 20 to 25 years. However, the most significant disadvantage is that you give up the NV solar rebate and incentive programs benefits to the actual solar system owner. 

Other Financial Benefits of Solar Panels in Nevada

Apart from the programs that offer free solar panels, Nevada offers additional incentives to homeowners who wish to use solar panels to power their homes. Some of the prominent financial benefits of solar panels in Nevada are:

  • Property Tax Exemption: Installing solar panels in your home makes you eligible for a property tax exemption on the increased value of your property.
  • Federal Solar Tax Credit: Homeowners who install solar panels can avail a federal tax credit of 30% of the total cost of the system.
  • Solar Renewable Energy Certificates (SRECs): Nevada homeowners can earn Solar Renewable Energy Credits (SRECs) by selling the excess electricity produced from their solar panels to utility companies. This helps to offset the initial investment costs of installing solar panels.

Step 2: Find Out if Your Home Qualifies

Depending on your location and home specifications in Nevada, you may be eligible for different solar programs that offer various advantages. We highly recommend that you consult with a local solar specialist to explore your installation and purchasing options. Failing to apply for the appropriate programs before starting an installation could result in significant savings being missed.

Find out if you qualify for Nevada savings programs!

Do I Qualify?

Please enter a zip code

Step 3: Get a State-Licensed Installation

If you reside in Nevada and are interested in using solar energy to power your home or business, it is crucial to partner with a licensed professional solar company. This will help you qualify for the appropriate programs, maximize your savings, and guarantee a safe and reliable installation.

Get in touch with our Nevada-based solar experts at EcoGen America, and we will guide you through the entire process. We will assist you in applying for the best programs and ensure a secure and top-quality installation.

Our mission is to deliver the advantages of solar power to all our customers throughout the State of Nevada.

Want to see how much you could save with solar?

Our team will guide you through the best options for your home.

No obligation.

Author & Solar Energy Expert

James Kahle, a revered voice in the energy domain, enlightens homeowners about the benefits of solar. Catch James soaking up the sun while playing basketball or immersed in the pages of a book.

If you live in the state of Nevada, you may be eligible to have free solar panels installed on your home.

Find out if you qualify for 0% down solar financing. 

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