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Years of Experience
Nevada Energy Rates Skyrocketing
NVenergy rates have gone up over 50% in the last year
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Contact Information
Phone : (702) 570-8711
Email : info@gosolarnv.net
Residential solar power systems typically consist of solar panels, an inverter, and a battery backup (optional). The solar panels are installed on the roof or on a ground-mounted structure, where they can capture sunlight and convert it into electricity.
The inverter then converts the direct current (DC) power generated by the solar panels into alternating current (AC) power that can be used in the home. The AC power is then sent to the home’s electrical panel, where it can be distributed to power the home’s electrical devices and appliances.
If a battery backup is installed, excess solar energy generated during the day can be stored in the battery to be used at night or during power outages. This can help homeowners save money on their electricity bills and provide backup power during emergencies.
Many residential solar power systems are also connected to the grid, which allows excess solar energy to be sent back to the utility company for credit or compensation. This is known as net metering and can further reduce a homeowner’s electricity costs.
Overall, residential solar power systems offer a sustainable and cost-effective alternative to traditional electricity sources, while also reducing a home’s carbon footprint.
Are you tired of paying more and more for your electricity bill every month? Did you know that NV Energy rates have increased by over 40% in the last year alone?
The outlook for the growth of the solar industry in the next 10 years is positive. According to the International Energy Agency (IEA), solar energy is set to become the largest source of electricity by 2035, with solar capacity expected to grow by 10% to 13% annually.
The cost of solar power is also expected to continue to decrease, making it increasingly competitive with fossil fuels. The Solar Energy Industries Association (SEIA) predicts that the United States will install 324 GW of solar power by 2030, a more than five-fold increase from 2020 levels.
This growth is driven by falling costs, supportive policies, and increasing demand for clean energy. In addition, advancements in solar technology, such as improvements in energy storage, grid integration, and efficiency, are expected to further drive the growth of the solar industry in the next decade.
A Power Purchase Agreement (PPA) can offer several benefits to homeowners who are considering solar energy:
No upfront costs: With a PPA, there is no need for the homeowner to pay any upfront costs for the installation of the solar panels. This can make solar energy more accessible to homeowners who cannot afford to pay for a system outright.
Lower energy bills: By signing a PPA, the homeowner agrees to purchase electricity generated by the solar panels at a fixed rate per kilowatt-hour (kWh). Typically, this rate is lower than what the homeowner would pay for electricity from the utility company, resulting in lower energy bills.
Predictable energy costs: Since the rate per kWh is fixed for the duration of the PPA, the homeowner can budget for predictable energy costs over the length of the agreement, which is typically 20 years.
Maintenance and repairs: The solar company that owns the panels is responsible for maintenance and repairs, reducing the burden on the homeowner.
Environmental benefits: Solar energy is a clean and renewable source of energy, which can help reduce the homeowner’s carbon footprint and contribute to a more sustainable future.
Overall, a PPA can be a good option for homeowners who want to switch to solar energy but do not want to pay upfront costs or take on the responsibility of maintenance and repairs.
Go Solar and Save Money!
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Why Choose Us?
Going solar can help fight inflation of energy rates in several ways
Fixed energy costs: When you install solar panels, you are essentially locking in your energy costs for the life of the panels (usually around 25-30 years). This means that you won’t be affected by any future increases in energy rates, which can be especially beneficial during times of high inflation.
Energy independence: By producing your own energy with solar panels, you are less reliant on the grid and the energy rates set by utility companies. This can give you greater control over your energy costs and protect you from future rate increases.
Return on investment: Installing solar panels can provide a significant return on investment over time, as you can potentially generate more energy than you need and sell it back to the grid. This can offset your initial installation costs and provide long-term savings on your energy bills.
Environmental benefits: Solar energy is a clean and renewable source of energy, which can help reduce your carbon footprint and contribute to a healthier environment.
Overall, going solar can help protect you against rising energy costs and provide long-term financial and environmental benefits.
Benefits
Solar Power Purchase Agreement (PPA):
A solar PPA is an agreement between you and a solar provider in which the provider installs and maintains the solar panels on your property, and you purchase the energy generated by the panels at a set rate per kilowatt-hour. This can be a good option if you don’t have the upfront capital to purchase the system outright or if you want to avoid the maintenance and repair costs associated with owning a solar system.
Benefits:
Little or no upfront cost
The solar provider is responsible for installation, maintenance, and repairs
You typically pay a lower rate for energy than you would with your utility company
Drawbacks:
You don’t own the system, which means you can’t benefit from the incentives and tax credits associated with owning a solar system
You’re locked into a long-term contract, typically 10-25 years
The rate you pay for energy may increase over time, which means you could end up paying more than you would with a cash or loan purchase
Cash Purchase:
A cash purchase involves paying for the solar system upfront with cash or financing through a personal loan. This option can be a good choice if you have the capital to invest in the system and want to benefit from the long-term cost savings of solar.
Benefits:
You own the system and can benefit from the incentives and tax credits associated with owning a solar system
You can save money over the long-term by avoiding the interest payments associated with solar loans
You’re not locked into a long-term contract
Drawbacks:
Requires a large upfront investment
Solar Loan:
A solar loan is a financing option in which you borrow money to purchase the solar system, and then make monthly payments on the loan over time. This can be a good option if you want to own the system and benefit from the incentives and tax credits associated with owning a solar system but don’t have the cash upfront to make the purchase.
Benefits:
You own the system and can benefit from the incentives and tax credits associated with owning a solar system
You can spread out the cost of the system over time, making it more affordable
You can save money over the long-term by avoiding the high energy rates of your utility company
Drawbacks:
Requires a credit check and approval process
You’ll pay interest on the loan, which can increase the overall cost of the system
Overview
We Complete 400+ Project Yearly Successfully
You own the system and can benefit from the incentives and tax credits associated with owning a solar system
You can spread out the cost of the system over time, making it more affordable
You can save money over the long-term by avoiding the high energy rates of your utility company
Drawbacks:
Requires a credit check and approval process
You’ll pay interest on the loan, which can increase the overall cost of the system
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Projects Completed
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