Saving big awaits solar consumers in 2021. Nevada is a state that is home to the strongest sunshine in the US. Its uniqueness regarding solar energy is to the extent that Nevada got ranked as #5 among the top 10 solar US states by the Solar Energy Industries Association. With Nevada, taking full advantage of the warm sun is beyond simple. The high solar panel tax credit, beneficial solar rebate, and incentives surely meet solar customers’ expectations and beyond.
26% Solar Panel Tax Credit In 2021
Even though there was a risk of lowering the solar panel tax credit in 2020, it still remains the same. That is, a consumer that plans to go solar in 2021 has the chance to enjoy the second-highest tax credit in the history of the solar industry. Missing such a chance prevents consumers from relishing the benefits that come from the sun’s power.
Solar Incentives Are On The Rise
Ranging from Nevada’s net metering opportunities to rights for accessing solar, Nevada creates the possibility of experiencing financial heaven and limitless power supply in 2021. Depending on the utility, such as NV Energy and Valley Electric Association, percentage credits fluctuate. In the case of NV Energy, when customers give extra energy back to the utility, they get 95 percent of the retail rate of electricity. In the case of the Valley Electric Association, the percentage of the retail rate of electricity is the same as the payment rate for the utility. Having the same rate for the retail and the utility creates the opportunity of covering the annual electricity bill without an additional financial burden.
What’s more, in comparison to other states, Nevada doesn’t prohibit solar panel installation to any consumer. Solar access rights provide consumers with a full-package opportunity to go solar without accessing specific documentation. Instead, solar access laws give customers the possibility to have the protection of generating and installing solar power in Nevada.
2021 solar incentives and rebates alongside solar panel tax credit urge Nevadians to go solar. 26 percent tax credit, high net metering criteria, and secure solar access rights ensure one’s safe stay in Nevada as a solar consumer.