Is Solar Worth it in 2022 for Reno, Nevada Homeowners?
Last Updated on
Nevada is known for its great solar climate. It gets many sunny days per year — more than most of the country. Alongside having a lot of sunny days, Nevada also has low solar prices and strong solar incentives. Does that mean that it’s worth it to go solar in Reno, Nevada? Let’s take a look.
Nevada’s Good Solar Climate
Nevada’s climate is one of the better ones for going solar in America. Why is that? Are hot states better for solar than cold ones?
How Many Sun Hours Can You Expect in Reno, Nevada?
Reno gets around 3637 sunlight hours a year, which is roughly 83 percent of the maximum amount possible. That percentage is much higher than many places in America, with the Midwest and New England often topping out at around 55 to 60 percent. With that many sun hours available to residents of Reno, it makes sense to go solar.
How Do Sun Hours Impact Residential Solar?
It’s simple — more sun hours means more electricity generated. The more electricity you generate, the more you can store in your battery backup and send it to the grid. Sending your excess electricity to the grid is known as net metering and it is one of the best ways to save money for solar homeowners.
Reno, Nevada’s Low Solar Prices
Solar prices in Reno have been steadily decreasing over the past few years. Part of the reason for the decrease in prices is that prices across the nation have steadily decreased. Additionally, Nevada has solar incentives that also help drive down prices.
What Are Solar Prices in Nevada?
As of 2022, the price of solar in Reno is $2.67 per watt. That equals out to about $11,000 per installation, which is close to half the price of the national average. Solar installations in other states can cost $20,000 or even more. Having many sunny days and also low prices helps explain why solar is booming in the Silver State.
Solar Incentives Available to Residents of Reno, Nevada
The final pieces of our puzzle are the incentives available to Reno residents. Most of these incentives come at the utility level. Net metering is the one that will be most useful for Reno homeowners.
Net Metering in Nevada
Net metering is where you send excess electricity produced by your solar installation to the public grid. The clean solar energy is then used by other homes in the area. You are compensated for your electricity at a set rate, which usually shows up as a credit on your power bill. When taking the climate, low prices, and solar incentives into account, it becomes clear that going solar in Reno, Nevada has never been more attractive.