Las Vegas Property Management Blog, the G-Gram

Should You Add Solar Panels to Your Las Vegas Rental Property?

Wednesday, February 12, 2020

Have you been thinking about adding solar panels to your Las Vegas rental property? If so, you've come to the right place!

There's no doubt that solar panels are a very smart investment for anyone to make in this day and age because, not only does it offer any renter or homeowner the ability to be less dependent upon the power grid, it also enables them to lower their carbon footprint as well.

How Much Do Solar Panels Cost?

What range of costs should you expect to see in quotes for a solar panel system? The average price per watt for solar panels ranges from $2.57 to $3.35, and solar panel costs for an average-sized installation in the U.S. usually range from $11,411 to $14,874 after solar tax credits. Jan 3, 2020

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Solar Panel Statistics 

As of the end of 2018, the U.S. had 64.2 GW of installed solar–enough to power 12.3 million American homes. Solar energy accounts for 1.6% of total U.S. electricity generation. ... Solar has ranked either first or second in capacity added to the U.S. electric total every year since 2013. Apr 14, 2019 

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As with any other construction project in the Las Vegas area, winter is a great time to have outside projects done because of the obvious reason that the weather is cooler.

Also, thanks to affordable interest rates, you may be able to have solar panels installed on your Las Vegas rental property and pay nothing out-of-pocket plus take advantage of excellent tax breaks as well!

Contact Blackbird Realty

To learn more about the benefits of having solar panels installed on your Las Vegas rental property, or to speak with us about our Property Management Services, contact us today by calling (702) 903-3556 or click here to connect with us online. 


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