As of right now, only about 4% of American homes have solar panels set up on their roofs. But that number is expected to jump all the way up to 13% within the next decade.

So, why are so many people going to be getting in on the solar panel craze soon? It seems as though many of them are realizing the financial benefits of going solar and deciding to take advantage of them.

If you haven’t done it already, you should give some serious consideration to installing Las Vegas solar panels. Investing in solar panels in Las Vegas will cost you some money. But it’ll also help you to save a small fortune over time.

Would you like to learn more about how you can start saving money with solar panels? We’ve put together a list of some of the ways in which you’ll enjoy solar panel savings by utilizing solar energy.

See how you can save money with solar panels below.

Las Vegas Solar Panels Will Bring Your Electric Bills Down

In Nevada, the average homeowner has a monthly electric bill that is right around $110. That is slightly less than the national average. But it’s still pretty high when you compare it to the electric prices paid in neighboring states like Utah and Idaho.

If you’re unhappy with how high your monthly electric bill is, you should know that you can make it more manageable by purchasing Las Vegas solar panels. They’ll harness the power of the sun and help your home to produce renewable energy that will bring your electric bills back down to earth.

Your average monthly electric bill with solar panels is going to fluctuate depending on a handful of factors. This will include factors like:

  • The number of solar panels you have installed on your home
  • The amount of sunlight that your home gets on a daily basis
  • The arrangement that you make with your solar panel company

But generally speaking, you should be able to put yourself in a position to save hundreds of dollars each year. There are even some homeowners that can do away with their electric bills altogether thanks to their solar panels in Las Vegas. This is one of the biggest financial benefits of going solar.

They’ll Encourage You to Find Ways to Use Less Electricity

From the second that you have Las Vegas solar panels installed on your roof, you’ll find that you’ll have a newfound appreciation for the electricity that you use in your home. You’ll be a lot less likely to waste energy when you know that your solar panels are working hard to produce it.

As a result, you’ll likely find yourself trying to come up with different ways to conserve energy in your home. You’ll do this by doing things like:

  • Turning off lights when you aren’t using them
  • Unplugging appliances, electronics, etc. when they’re not in use
  • Investing in energy-efficient appliances
  • Purchasing smart thermostats and other smart devices

By taking each of these steps, you’ll be able to use less electricity every month. It’ll bring your electric bills down even lower than they’ll already be after you install solar panels in Las Vegas.

They’ll Help You Earn Tax Credits

Did you know that you might be able to earn tax credits by having Las Vegas solar panels installed on your roof?

The federal government has made a big push to try and get more people to install solar panels in recent years. And one way that they’ve attempted to convince people to do it is by providing them with tax credits when they install solar panels in Las Vegas and other places.

It would be worth speaking with your accountant to see how much money these tax credits might be able to save you. It can help to cut the initial costs associated with solar panel installation.

They’ll Make Your Home Worth More Than It Is Now

Any time you’re going to spend money on a home improvement project, you should make sure that it’s going to provide you with a solid return on investment. You want your home to be worth more once you’re finished the project than it was before.

This is almost always going to be the case when you buy solar panels and have them installed on your roof. Reports have revealed that solar energy can give your home’s value a boost.

You will, of course, need to reach out to the right solar panel company to get the best possible return on investment when buying solar panels. But that shouldn’t be too difficult to do since there are lots of great companies selling panels these days.

They’ll Preserve Your Roof and Make It Last for a Longer Time

Your home’s roof is already designed to last for a long time. You should get between 20 and 30 years of life out of an asphalt shingle roof and more than 50 years out of a tile roof.

But believe it or not, you can make your home’s roof last even longer than that when you have solar panels in Las Vegas installed. They’ll stop the sun from beating directly down on your roof all the time and extend its life in the process.

You will, therefore, not have to replace your roof as often as you would have to otherwise. It’s one more way in which you’ll be saving money with solar panels.

Install Solar Panels in Las Vegas to Save Money

If you haven’t taken the time to install solar panels in Las Vegas yet, you should aim to change that. As you’ve seen here, solar panels in Las Vegas can help you save money month in and month out.

We would love to tell you even more about the financial benefits of going solar. It’ll show you why you should hire us to help you get your hands on solar panels for your home soon.

Contact us today to set up a free site survey or to arrange to get a free estimate for Las Vegas solar panels.