Nevada Energy, on of the largest utility companies in the state is now offering a great renewable energy incentive to homeowners who want to make a slight modification to how they heat up their water.
Solar Hot Water Details:
For Nevada Energy customers who want to purchase a solar hot water heater, NV Energy will cover 50% of the cost of the heater up to $1500. This is a massive incentive, and since heating up water is becoming more and more expensive, it is something that everyone should jump on right away. This particular incentive is limited in the amount of incentives. There is scheduled just 200 or 300 incentives which will be handed out on a first come first served basis for the new few months. There is only one condition regarding this incentive, and that is for the homeowner to surrender the renewable energy credits directly to the utility company. That is not a big deal because the homeowners don’t want to hassle with trying to sell the REC’s anyways.
Costs to Installer Solar Hot Water Heaters:
The typical costs out the door to install a new solar hot water heater is roughly $2,250. This is assuming you are using a licensed and bonded electrician who has experience with installing these types of systems. If you are going for the cheapest equipment and cheapest labor, yes, you will be able to find something for much less, but it just isn’t worth it. Also, please do not try to install a system like this on your own unless you are certified and have experience. It is actually very dangerous and many people who attempt this burn themselves badly.
As part of the service, most installers of solar hot water systems in Nevada will process all of the required paperwork as part of the service. This makes the whole process of securing your rebate much easier.