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You’ve probably been hearing this a lot lately: “The government will pay you to go solar!”
But what does that actually mean?
The truth is, our country’s new “green” agenda can either COST you money or it can SAVE you money. There is no other choice.
2021 Federal Solar Tax Credit Explained
The country’s focus on going “green” can either be a BLESSING or a CURSE on your monthly energy bill.
The government’s emphasis on clean energy means two things:
1. The government wants to reward you for choosing renewable energy sources like solar.
2. Your power company will most certainly raise their rates as the renewable energy market surges.
Let’s look at number 1, the way that Biden’s “go-green” agenda can save you money.
Going solar actually only works because of the tax credit. The government is currently offering a 26% tax credit for qualified homeowners who choose to go solar.
Solar only works right now because of this tax credit. On a system that cost $29,550, the 26% credit equals out to be $7,650. So what you actually pay for your system is $21,900. Since that amount is financed, let’s look how it translates to your monthly bill savings.
An average power bill for that system size is around $110 per month. The financed solar system payment is around $99. That’s a 10% savings right off the bat.
Without the tax credit, the monthly solar system payment would actually be higher than the monthly electric bill from the power company. Going solar only works because of this tax incentive.
Now it’s time to look at the number 2 of the country’s “go-green” agenda. Yes, the one that will cost you money.
Experts have declared that the power companies will undoubtedly be raising their prices year after year. A focus on renewable energy sources like solar and wind means that electric companies will have to raise their prices in order to be competitive.
This means, in 15 years, your $110 energy bill will become $220.
So how can you avoid this rising cost?
When you go solar, your monthly payment stays the same no matter what.
In 15 years, you’ll still be paying that $99 monthly payment.
Make no mistake, if you stay with your electric company, you will end up paying more every single year on average for the same amount of power usage.
This is why solar works right now. It’s money in your pocket. Without the government solar stimulus, it would take you 5 years to start saving money by switching to solar. But by switching to solar now, you start saving money on day 1.
It’s a no brainer. You’ll either pay more money to your power company, or you’ll save money by going solar.
Take note: this solar stimulus tax money will not last forever. The bill will expire at the end of 2023. After that, homeowners will be responsible for paying the entirety of their solar system and will miss out on the enormous 26% savings.
How can you take advantage of the solar stimulus money?
The first step is to see if your home qualifies for solar. You’ll want to consult with a reputable solar panel company in your area.
Why choose Vir?
When you choose Vir solar, you’ll get much more than just a “solar stimulus.” Not only will you save the 26%, but you’ll also get
What sets Vir Solar apart from other solar companies in Las Vegas is the way quality of work that we do.
When you get approved for solar, we pay out-of-pocket for an engineer to submit an app to NV Energy to get a stamp of approval allowing you to get 7 additional panels to your system.
Why do more panels matter?
It’s a common misconception that when you go solar, you can use as much energy as you want and never get an electric bill. But this is not the case. If your solar panels don’t generate enough electricity, you can still get an extra bill from NV Energy.
That’s where the 7 extra panels come into play. They help to generate more power for your home, lessen the risk of you getting an extra bill from your power company. Our #1 goal is that your system can cover 100% of the electricity that is being used in your home. Adding the 7 additional panels will significantly increase the chances of covering all of the power you and your family need.
Zero Down Installation + Free Energy Package!
Installing a solar system is a massive job. It involves using many different experts and technicians and acquiring tons of equipment. At Vir Solar, we cover 100% of your installation costs.
This means you can switch to solar today and not have to pay a penny out of pocket for installation.
We are literally replacing your current NV Energy Bill with a cheaper solar payment that is locked in for 20 years. AND since it is $0 out of pocket for installation, you start seeing the savings on Day 1!
You also get an entire home energy efficiency upgrade at no extra cost to you!
When you switch to solar, we will come to your home and swap out every lightbulb for LED energy-efficient bulbs. Then, we’ll put in the Nest thermostats with geofencing. Geofencing allows the thermostat to be programmable based on time as well as location of the home’s occupants.
Our energy package alone can cut your utility bill by 12-15%!
The most important thing that sets Vir apart from other companies is our reputation.
Most solar panel companies will install panels on your roof just to make a sale. At Vir Solar, if we can’t save you money, we won’t even sit with you.
In the last 3 years, Vir Solar has helped over 2,000 homeowners make the switch to solar, totaling an estimated 25 years savings of $36 million.
Our reputation is everything to us, and we make sure that we put our customers first.
But don’t just take our word for it….
Here’s what some of our customers are saying!
How Much Can You Save By Going Solar?
How much you can save by going solar depends on a number of different factors like the size of your home, how much sun your roof gets, and how much power generate on a month to month basis.
However, not everyone’s home qualifies for solar…
The best way to find out if your home qualifies is to request a proposal from us.
Our team of engineers will do an assessment on your home and let you know an exact amount that you can save by switching to solar.