Residential Solar Power Report for:

Loup City, NE 68853


 Nebraska Local Rebates & Credits

Most states have incentives to convince their residents to use solar energy...
Local RebatesLES only, $375-$475/kW
Tax Credits$0.0005/kWh for 10 years
Performance PayoutsNone :(
Property Tax Exemptions100%
Sales Tax ExemptionsNone :(

Loup City, NE 68853 (Sherman County): This area can be an awesome place for solar energy, but only under certain conditions. If you are willing to wait a bit longer to see a return on your investment, then this could work.

In order to find out if your specific home would benefit from installing solar panels, please fill out our 1-minute quote request form. Someone will get back to you very quick and we can discuss if your home is a fit for Solar or not.


 502 days until the 30% federal tax credit expires!

December 31, 2019 is going to creep up on you before you know it! You know it will... then you will have wished you had started the process sooner. Don't procrastinate! If you still need more convincing, then read on...

 Solar Energy Pros:

  • Residential Renewable Energy Tax Credit: The IRS provides a 30% federal tax credit, available to all homeowners until 12/31/2019. This means that for an $18,000 solar panel installation, you will get back $5,400 on your taxes later that year!
  • Sherman County is one of the top areas in the country in terms of total peak sunlight hours per year.
  • The average payback period if you bought a $18,000 solar power unit, would be around 17 years. This is better than the national average.
  • Getting solar panels for your home will reduce your carbon footprint and will in turn help Mother Earth.

 Solar Energy Cons:

  • There are little to no Nebraska or local rebates available.
  • Loup City, NE has lower than average electricity prices. It will take longer for you to recoup your solar investment if electric prices are low.
  • Loup City, NE does not allow solar panel leasing. This means that the only way to get solar here is to buy it (higher upfront costs).
  • There are few tax incentives to installing solar panels if you live in Sherman County.

 How much sunlight does Loup City get?

This chart is where we plot the 30-year average peak sunlight hours per day that Loup City, NE gets compared to the National Average and Daggett, California (US Solar Capital).

 Buying vs. Leasing

Since Nebraska does not allow its homeowners to lease their solar panel systems, the only way for NE residents to go solar is to purchase their solar panels out-.

For example, the average 5-kW solar setup will cost approximately $18,000 up front. After you subtract the 30% federal credit and any possible state and local credits, you will be left with around $10,000 +/- that will be your responsibility to pay. This math is also very similar if you were to take out a Home Equity Line of Credit (HELOC).

Calculate your Savings!

How much can you save with a solar roof?

Profit from your roof space! Find local deals on solar in your area, eliminate your power bill, and join the solar revolution!

 Calculate Now!