Pros & Cons

of Solar

Solar

Nevada’s history with solar energy has been marked by challenges, yet the recent reinstatement of net metering suggests a positive trajectory ahead. The state has taken a significant stride by revising its renewable portfolio standard (RPS), mandating that utilities achieve 50% of their energy from renewable sources by 2030. Although the removal of the solar carve-out from the revised RPS means there is no specific solar energy production quota, the ambitious renewable energy target could spur the creation of innovative incentive programs by utilities. With the restoration of net metering and the availability of federal tax credits, there’s a window of opportunity for substantial savings for those who take prompt action.

Advantages & Disadvantages

  • Pros of Getting Solar in Las Vegas:

    • Abundant Sunshine: Las Vegas enjoys a high number of sunny days, making it an ideal location for harnessing solar energy.
    • Energy Cost Savings: Solar panels can significantly reduce electricity bills by generating your own renewable energy.
    • Environmental Impact: Solar power helps decrease reliance on fossil fuels, reducing carbon emissions and contributing to a greener environment.
    • Net Metering: Nevada offers net metering, allowing you to sell excess energy back to the grid, potentially earning credits on your utility bill.
    • Federal and State Incentives: Federal tax credits and state incentives can significantly offset the upfront cost of solar panel installation.
    • Increased Property Value: Solar installations can increase the value of your property, making it more attractive to potential buyers.
    • Energy Independence: Solar energy provides a degree of independence from fluctuating energy prices and supply uncertainties.
  • Cons of Getting Solar in Las Vegas:

    • Initial Cost: The upfront cost of purchasing and installing solar panels can be substantial, although incentives can help mitigate this.
    • Weather Variability: While Las Vegas has ample sunlight, occasional cloudy days or weather variations can affect solar energy generation.
    • Maintenance Costs: Solar panels require regular maintenance to ensure optimal performance and longevity.
    • Space Requirements: Installing solar panels requires available roof or land space, which might be limited for some properties.
    • Aesthetics: Some homeowners might be concerned about the appearance of solar panels on their roofs, impacting the visual appeal.
    • Technological Advancements: Rapid advancements in solar technology might lead to concerns about the obsolescence of current installations

A Word of Caution Before You Go Solar

If you’re considering solar panels for your home—pause for a moment. This conversation is long overdue, and I’m sharing it not to discourage renewable energy, but to help protect homeowners from common, costly pitfalls that I’ve seen time and time again.

Please do not rush into signing a solar lease, loan, or long-term contract without first speaking with a qualified, experienced Realtor—like myself—or someone who deeply understands how these agreements impact future real estate transactions. The fine print in solar contracts can lead to major complications when it comes time to sell your home.

Here’s the bottom line: unless your solar system is fully paid off and owned outright, it’s likely to create obstacles down the road. And even if it is owned, you still need to weigh whether the long-term savings truly justify the upfront cost—especially if you don’t plan to stay in the home for the next 10 to 25 years.

Over the years, I’ve helped many clients navigate the sale of homes with solar systems attached—and nearly every one of those sales was more stressful than it needed to be. I’ve seen the disappointment in sellers’ faces when they realize the solar loan payoff eats into their bottom line. I’ve seen buyers walk away because they don’t want to assume a long-term lease with high monthly payments that don’t pencil out.

Some homeowners tell me, “I thought I’d live here forever.” But life happens—job changes, family needs, or unexpected circumstances—and suddenly that long-term solar contract becomes an anchor.

Here are a few hard truths:

  • Solar leases rarely save homeowners money, especially on smaller homes.

  • Most buyers don’t want to take over someone else’s solar contract—especially a 20+ year lease or loan.

  • If your system is financed, you’ll likely have to pay off the remaining balance at closing.

  • Many solar companies have gone out of business, making service and transfer even more complicated.

And those friendly solar sales reps? They’re not thinking about your resale value. They’re thinking about their commission. Harsh, but true.

This isn’t meant to spark debate. I’m speaking from years of experience and dozens of transactions. I’m here to help you make informed decisions that align with your real estate goals—not just your electric bill.

So if you’re considering solar, slow it down. Ask more questions. Reach out to someone who’s been in the trenches. Let’s make sure your bright idea doesn’t turn into a real estate headache later on.

A Word of Caution Before You Go Solar

If you’re considering solar panels for your home—pause for a moment. This conversation is long overdue, and I’m sharing it not to discourage renewable energy, but to help protect homeowners from common, costly pitfalls that I’ve seen time and time again.

Please do not rush into signing a solar lease, loan, or long-term contract without first speaking with a qualified, experienced Realtor—like myself—or someone who deeply understands how these agreements impact future real estate transactions. The fine print in solar contracts can lead to major complications when it comes time to sell your home.

Here’s the bottom line: unless your solar system is fully paid off and owned outright, it’s likely to create obstacles down the road. And even if it is owned, you still need to weigh whether the long-term savings truly justify the upfront cost—especially if you don’t plan to stay in the home for the next 10 to 25 years.

Over the years, I’ve helped many clients navigate the sale of homes with solar systems attached—and nearly every one of those sales was more stressful than it needed to be. I’ve seen the disappointment in sellers’ faces when they realize the solar loan payoff eats into their bottom line. I’ve seen buyers walk away because they don’t want to assume a long-term lease with high monthly payments that don’t pencil out.

Some homeowners tell me, “I thought I’d live here forever.” But life happens—job changes, family needs, or unexpected circumstances—and suddenly that long-term solar contract becomes an anchor.

Here are a few hard truths:

  • Solar leases rarely save homeowners money, especially on smaller homes.

  • Most buyers don’t want to take over someone else’s solar contract—especially a 20+ year lease or loan.

  • If your system is financed, you’ll likely have to pay off the remaining balance at closing.

  • Many solar companies have gone out of business, making service and transfer even more complicated.

And those friendly solar sales reps? They’re not thinking about your resale value. They’re thinking about their commission. Harsh, but true.

This isn’t meant to spark debate. I’m speaking from years of experience and dozens of transactions. I’m here to help you make informed decisions that align with your real estate goals—not just your electric bill.

So if you’re considering solar, slow it down. Ask more questions. Reach out to someone who’s been in the trenches. Let’s make sure your bright idea doesn’t turn into a real estate headache later on.

Contact Lauren

Interested in buying or selling?

Contact the Lauren Paris Group today & we’ll make it happen