This is a KUNV Studio's original program. The content of this program does not reflect the views or opinions of 91.5 jazz and more, the University of Nevada Las Vegas, or the Board of Regents of the Nevada System of Higher Education. ♪ I know you see me on the video ♪ ♪ I know you mean me on the radio ♪ ♪ But you still don't pay no attention ♪ ♪ Listen and know what your home is rich ♪ Good morning, this is Monique Cannon, the host of The Welcome Home with Monique Show. And on this show, I talk all things real estate. Listen, I want to thank you for tuning in. Well, good morning Las Vegas. It is the host of The Welcome Home with Monique Show. I am Monique Buchanan, your local Las Vegas realtor. And I have a great show for you today. You guys, it's been beautiful outside, right? You're probably outside right now working. Listen to a little smooth jazz. And if you are, you know that that heat is coming, okay? The 115 degree weather is on its way. You know, we're enjoying the, you know, 68, 73 degree weather. But guess what, guys? That heat is coming. So I am going to be proactive, all right? Proactive. And go ahead and have my friend and colleague, Mr. Jabari Sadler, come on. He is my everything solar expert. Let me tell you, this man, he knows it all. When it comes to solar, Jabari, are you there? Thank you so much for coming on, Jabari. I am here. Can you hear me okay? I sure can. And so can my listeners. So listen, can you just, you know, can we just jump right into this? Because they all know that I always brag about how I've had solar. I absolutely love my solar. I appreciate my solar, especially when, what was it last summer? You know, Nevada Power is a monopoly basically out here. You know, I don't know another power company. So to me, that's a monopoly and they are able to raise the rates as they so see fit. And they have been, let me tell you. So I've had past clients call me, friends call me neighbors, tell me Monique. You know, my power bill has went up an astronomical amount. How much are you paying for your solar? And when I tell them that I've been paying for the last six years, $120 a month and I have, you know, not a huge house, but a 2300 square foot home. My husband likes it cold and listen, we, you know, we don't have to worry about, you know, making sure it's set on 75. No, my husband likes it cold. So we can do that because we have solar. So can you jump into it? Well, you know, what are some, what are some of the things you, what I want to do today is break up some myths. Can we just start with that as a matter of fact, before we start off the benefits, let's just start with a myth. Okay. I have clients that say, well, Monique, you know, if I get solar, I'm not going to get that tax credit. You're supposed to get a tax credit, but I heard that the tax credit is only if I already owe the IRS. If I don't owe the IRS, I'm not going to get the tax credit for solar. Can you kind of go over the tax credit a little bit? Yes, Monique. I'm glad you brought that one up. That's a big one. I love clearing up the rumors and clearing up the, the untrue. So that is absolutely incorrect. So the way it works is the federal government. And let me preface this by saying that this is an election year, right? Right. So what's happening here is we're getting a whole new administration, a whole new president, right? Right. So what's available today may not be available next year is what I'm trying to say. Right. But yes, under the current administration, the way the law is written is that the federal government is covering up to 30% of the cost for homeowners to make that switch from dirty energy by way of the grid, right? Monopoly, as you called it, that's the correct term. So going to clean energy from the sun because let's face it, we're in an energy crisis. Our air quality is the worst it's ever been. And if we don't make this shift over to clean energy ahead of everyone getting electric vehicles, let's, let's keep it real. Right. And we won't have enough electricity to power cars and power AC at the same time. It's just too much power. So we need to get 50% of America on clean energy to basically allow us to have more freedom from tide to the grid from being tied to the grid. Absolutely. And so yes, the government is covering 30% of that cost. So let's give you an example. If your system that you installed and that includes, you know, all of your options, if you added a battery backup system, so that you don't lose power. And if you added EV chargers, because you want to be able to power your car from the sun, whatever that total amount is, let's say it's $35,000, okay, times 30%. That amount is $10,500 that the government is paying for your system. Right. It doesn't matter if you owe the IRS or not. The only thing that matters is that you have tax liability. So 90% of us all have tax liability, meaning we work. Right. If you work, then you have your liable for tax. Your liable for tax. Right. That's all it means. And so for majority of us that are homeowners, we are W2 employees. So that means we, our taxes come out of our check every two weeks or whatever your pay cycle is, right? Once a month for teachers or whatever it is, once every week, you know, depending on your job. Right. That tax has already been paid throughout the year. So let's say I bought a solar system that was $35,000 last year or this year, then now when I filed my taxes, the government is going to give me $10,500 back because I've already paid those taxes. Wow. Right. So it becomes a refund against taxes that I've already paid. So you don't have to owe, you've already paid those taxes. And then in the example of those of us that are entrepreneurs or 1099 independent contractors, the credit still applies. Right. Right. So that same $10,500 for those of us that are 1099, we don't have taxes coming out of our check every two weeks or once a month. Right. Right. At the end of the year is typically when we pay our taxes. So if I haven't paid quarterly, some people do, then at the end of the year, let's say I owe 30,000 to Uncle Sam, then 10,500 gets deducted from what I owe. Now I only have to write a check for 20,000 in that example. Yes. So the credit applies whether you're an independent contractor or whether you're a W2 employee, we all get the same money. Yes. Yes. Well, you just broke that myth right on up so they will definitely still get that credit. Now what about all these ads you see, you know, when you're clicking through TikTok or Facebook or whatever, you know, your advice is, you know, zero for solar, if you're in Nevada, how, you know, can you touch on that? I'm glad you brought that one up too. That was another big one. You see ads on YouTube all the time. I see them too because when I'm on YouTube, of course, I'm searching things offing solar. So of course, my, my algorithms are showing me a lot of solar ads and I'm sure those of you that are searching for solar, you're probably seeing that too. Right. So yes, those ads are all clickbait, you know, zero, zero dollars. You don't pay anything for solar, solar is free, those, solar is not free. Right. All of those things are just clickbait for you to click on it. What, well, let me explain what they mean when they say free because of course, that's a play on words. What that means is that we are all already paying for electricity every single month. So all we're doing is switching stores, right? Instead of paying a liability, AKA the monopoly, AKA in the energy every month because they are what? They're inflating their costs every single year, right? So with that inflation, that means that what I'm paying today is not what I'm paying next month. It's not what I'm paying a year from now. It's certainly not what I'm paying 10 years from now. Right. So what we're saying is, and you mentioned it at the, at the start of the call, you're paying a fixed amount every month with solar. So instead of me paying the utility, 387 this month and then next month I use a little more power and 487 and then maybe by the summer, it's 587 and 687 and then maybe in the winter, it goes down to 287, right? That's too, that's too much fluctuation. Most people can't budget that way. They can't go up and down. Where's that money coming from? So with solar, instead of you doing that fluctuation, you're paying a fixed amount every month. And traditionally it's 5% less than what you're paying today up to 40% less of what you're paying today. So that's why they're saying, hey, you're not spending any new money to go solar. You're already paying for solar except you don't get to have solar because you're renting your energy from the utility until the day you die. You never catch up. You never own it. It never becomes an asset. Right. And so we're just saying, instead of you paying a liability every month, which that, that money and have it go to an asset every month, which increases your home's value, right? And eventually you have no more payments because you've paid off this asset and that's the idea. Yes. Yes. Yes. And that's what, you know, everybody, oh, I'm so scared. I don't want to get another alone. Well, wait a minute. You're in a lifetime loan with Angie Papi, you know, with the electric company. You're in a lifetime loan. Just tell me when, when you pay that off and we'll move forward, you know what I mean? Correct. And what is your interest rate on that lifetime loan? You're 100%. Yes. Right. And your payment is not even fixed. At least when you buy a house and you have a loan, your payment's fixed for 30 years. With the power company, it's not fixed. They can just raise it when they sell shoes. So I would run away from that situation personally and get into a situation just like when you purchase a home, you have something that you can count on. For instance, I'm about to list my property for rent, okay, because I'm buying another house. Now, one of the benefits is another benefit in me having the solar, and by the way, I'm sorry. Let's do this. If you're just tuning in, this is Monique Buchanan. I've got none other than Mr. Jabari Sadler on right now with me. He is everything solar if you're interested in having a consultation with Jabari, letting him give you a custom fit consultation for your specific property. You can do so by calling 702-984-3700-702984-3700-984-3700, Monique Buchanan. Yes, this is a real estate show, but hey, this is part of this. This is part of real estate. We have to cool our homes down in the summer. We live in the desert, so I want to make sure that you have all options and you're not just stuck going one way that could be possibly hurting your pocket and the environment at the same time. So 702-984-3700. Now, back to what I was saying, I am going to be renting out my property, and here's a benefit for you out there that are thinking about renting your property, and so now when I rent my property out, normally I can rent it out for about $2,500, right, $2,500. I'll be able to rent it out for $2,700, because I'm going to tell my renter, you only have to pay gas and water the power I've got, because I have a fixed power. It's $120. I know it's $120, no matter how crazy she gets, you know what I mean? A worst-case scenario might get a couple dollar bill from MV Energy for the very worst-case scenario in like June or July, maybe $100, so I can budge it with that, right? And then she's happy, because now my renter doesn't have to worry about a $500 bill in the summer, because she doesn't have to pay it. I'm taking care of that. So that's a huge benefit when I'm renting out my property. You should have seen how excited she was when I said you don't have to worry about power. I've got you covered. Her being a single mother, that was huge for her, huge. So that's a total benefit, so what do you say to that, "Oh, you've got two bills, that's another myth." Well, it's not kind. Well, you have two bills, let's touch on that. You have two bills if you go with solar. Yes, let's touch on that, that's another good one. Man, you got some good ones today, Mom. I'm trying, because I truly believe in solar. I believe the people that have never had solar, they talk bad about it. But once you get it, there's no going back. It's kind of like private school. It's Thanksgiving. Yeah, charter school, private school, and public school. Now, don't come for me, my public teachers. I love you guys. I support y'all. Y'all need to get paid more. But at the same time, now that I've, you know, same thing, it's like once we're here, we're not going back. That's right. So yeah, so let me break this part down, so this is a very good one. So the way solar is designed is that you have what's called a hundred percent offset. And so why we use a hundred percent offset is because we want to offset one hundred percent of the power that your home needs, from getting it from the grid, to getting it from the sun. So if I design a system that's slightly smaller than what your house needs, then that may be a 90 percent offset. You guys get the idea if it's 75 percent offset, same concept. And then conversely, if I can design a bigger system than someone needs, let's say I'm talking to a client and I design a hundred percent offset system. And during the consultation, they say, hey, Jabari, me and my wife, you know, we're adding a pool to this house in about two years. Then I would want to increase that offset to maybe a hundred and five percent, right? But now I want the solar to also cover the needs of the pool that's going in, right? Because pools consume more electricity, you've got pool pumps, you've got a lot of different types of pools, right? Oh, yeah. Don't turn that heater on. You're going to see a serious bill. Right. You're going to, anytime, the key word is, anytime you've got heat in the equation, it equals more electricity, right? Whether it's your car, whether it's your house, when there's heat, any type of electric heat uses a lot of electricity. So therefore, we want to design the proper system for your house. That's why a custom consultation is important. We're not doing something that's cookie cutter. It's not a one-size fit application. So let's say, for example, I did design a system that was a hundred percent offset. But then that customer did decide to go and add a pool three years later. Then, of course, when they're using that pool, then it wasn't designed, you know, to be able to handle that much electricity. So when they go in, maybe in the summer and they're using that pool, then they might see a hundred kilowatts extra power that they didn't get from solar that had to come from the grid, right? So that's when they would have a bill for the electric company for that month, but maybe not so much in other months when the solar was designed to do what it was doing, right? So that's why it's so important that when we design our solar systems, we're not only just looking at your current consumption, but we're also looking at, hey, you may be adding an electric vehicle. Your spouse may be adding an electric vehicle. We need to increase the system size to cover this extra consumption for these vehicles, right? And so that's kind of where the myth comes from. Back in the day, smaller system size, we might have designed a 80 percent system size ten years ago. And then, of course, over time, you know, we tend to use more power in our homes. When COVID happened, think about it, everybody was working from home, kids were doing school from home. So the consumption in our homes went up 20 percent. All that person would have to do is just add more solar to get that offset back to 100 percent. And then now they're no longer getting power from the grid, they're getting all their power back from the sun again. Oh, wow. Does that make sense? It does. It does. That's amazing. Perfect. Yeah, I just, I don't, I just, I just don't see why not especially, you know, right? It's just, I don't, yeah, I just don't get it. Like, why would I want to continue to have to pay these folks and they can continue to go up on me? I just don't understand. So if you're just tuning in, this is Monique Buchanan, we're speaking with Mr. Jabari. He is going over the benefits of solar. Tell me, is there, are there any, oh, let me get the number out. If you're interested in having a consultation, okay, it'll be via zoom, 702-984-3700, 702-984-3700. If you're thinking about getting solar on your home, yes, 702-984-3700 because the heat is coming, okay? I am your local Las Vegas realtor if you're thinking about listing your property or selling it or purchasing a property, you can also reach out to me and my team, Monique Buchanan. We are the welcome home group, 702-984-3700. Okay, so real quick, are there any cons to getting solar? Some folks say it's ugly. It's ugly on the house, Jabari, it's ugly. What do you have to say to that? That's a good one too, that's a good one. So that one also goes back to, right, 20 years ago, solar was ugly, it was blue, it had white lines, white borders, it was thick off your roof. Now solar is sleek, solar is black on black, it looks like a modern plasma TV, it's very, very modern, and on today's rules it looks very, very modern and professional, it looks like a smart home as opposed to a dumb home, that's the best way to start it. Dumb home, right, and again, think about your resale value, right? When you sell your home, 10 years, 20 years from now, what's the chances that that new homeowner is going to want a smart home? Are they going to be driving a smart car? Yes, yes. Do they need somewhere to plug that smart car into? Can you imagine what the utility rates will be in 10 or 20 years, do they want to plug in to the grid every single night and charge their car at 70 cents per kilowatt hour? No. So they'll be looking for the homes that are already smart, that they can plug and play and they can just have great energy efficiency and not have to worry about anything going forward. Yeah, absolutely. And you know, it's coming, whether we like it or not, this is the future. This is the future. So why not jump ahead of it and go ahead and, you know, save yourself some money now instead of down the road, not to mention the earth, you know what I mean? So I'm trying to leave the, you know, the cleanest earth I can for my children. I still have a seven year old and an 11 year old. So, you know, I'm trying to think of them as well and also my pocketbook, right? Right. So, yeah, so we're just going to keep it, listen, I keep it 100 on this show. My clients and my listeners already know. So, you know, there's just so many benefits to solar. Like I said, I enjoy my solar, I don't have to be worried about the maintenance. I have not had to have my, my maintenance like at all. I've had them for seven years. So is that a concern? Maybe somebody would have. What does the maintenance look like? Like do they have to go up there and clean them off or how does this work, Jamari? Yeah, that's another good one. Yes, maintenance, right? So one of the things I love about solar is that there is no maintenance and same thing with electric vehicles, right? When you, when you decide to make that switch to electric vehicles. Think about oil changes. Think about fluid changes and transmission and differential and tune up and spark plugs. Those are the typical things that you have to do with a gas powered vehicle, right? That's none of those components, right? There's no gears, there's no motors, there's no, there's no fluids on a solar system. Everything is non-moving, everything is electrical. So as long as you keep the panels clean for many, you know, leaves and debris and, you know, even bird poop and stuff like that typically gets washed off with the rain. Yeah, that's true. That's right. Yeah. So it's pretty maintenance-free. And of course, you've got a 25 year production guarantee. So you have that peace of mind that your system is going to be producing all the power it should be producing for 25 long years as well as a 25 year warranty. So again, there's no reason to keep getting power from the grid. That's the old way. Yes, absolutely. And as a realtor, I can say this much. I'm renting my property out, so it's definitely benefiting me. But even if I were to sell my property with the solar panels, all that has to happen is my new buyer just has to qualify, which if they qualify for a house, they're definitely going to qualify for my $120 payment of my solar. You know what I mean? So it's not going to hinder me on selling my house at all. In fact, I have many buyers that ask me, "Hey, do you have any houses that already have the solar on the Monique?" They're already asking. Of course, because their rental property was costing them an arm and a leg in power. So they're already asking me, "Hey, by the way, Monique, if you have any properties that already have the solar panels, please show them to us." Because now they don't have to wait for them to be installed. They're just going to get the benefits of having that lower power bill, especially if there's a pool right out the gate. So let's talk about that. What does that look like? How long does it take from your free consultation? And they say, "You know what? This is a no-brainer we definitely want to go forth and get these solar panels, Jabari." How long does that typically look like to have the solar panels up, running, and working for them? Yes. Yes, that's another good benefit of our system, is that we are using all in-house engineering as well as permits, as well as utility approvals, as well as the installations. So we typically can be installed within 45 days. Because normally, you guys listen to my listeners, please hear me. I love solar, but I'm not going to lie to you. When I got my panels, it took about three months, three months, before I actually got them up on the roof working. So you're telling me that this company will get them done because 45 days will be smoking hot. So if you're thinking about getting solar, this is definitely the way to go because you know, it will be halfway in the summer if you use a different company, you know, because most of the other companies are three months or longer. So that's huge, Jabari. 45 days, they can be taking advantage of the lower cost of their power. I know. I know. You probably fell out of your chair. No, I really did. I was like, wow, 45 days, that means that this show is right on time, right on time. By the beginning of May, you've already got your solar panels up there and you are enjoying sipping tea by your pool. That's right. And you're getting that, to take advantage of that full 30% federal tax credit, it used to be 20% then 22% if it's never been 30% before, and we got a new administration coming out. You don't know what's going to happen. Oh, yeah, that's that's absolutely true. Well, you know what? We're just going to end it right there with that. I mean, that was a that was a bombshell, 45 days, guys, if you're listening, you've been thinking about getting solar, you've been on the fence. If you if you trust me at all, that was like one of the best things I ever did, Jabari, was get solar that put about $2,000 extra into my pocket over the summer. And that was seven years ago. My bill was like $500 and it was like four something for one month. I thought I thought Envy Energy had made up, listen, I thought they made a mistake. I called them. You guys have made a mistake on my bill. But anyways, yeah, so all jokes aside, guys, if you're interested in a consultation, nobody's going to force you to do anything. You guys know how I am. I like to provide information if you, you know, if you're ready, you're ready. If you're not, at least you got the information, you got the answers that you needed. 702-984-3700, 702-984-3700, don't worry, I say it again at the end of the show. I am your local Las Vegas Real Terminique Buchanan and I am here to assist with all your real estate needs. But this is my partner, Jabari Sadler, and he will assist in your solar needs. Jabari, thank you so much for coming on today. We really appreciate your insight and your knowledge on solar. Absolutely. I'm excited to be here. This has been a pleasure, this is fun. Solar is fun, right? Getting your energy from the sun is fun and it's the smartest thing you can do from a financial standpoint, so we're here to help homeowners make that switch. Yes, absolutely, and we all need to make the switch. We really do. So thank you again, Jabari. Okay, guys, let's go ahead and pivot into my listings. We've got the first one just listed at $1.4 million. It is over 4,000 square feet. The lot size is over 20,000 square feet. You've got an RV parking. You have a saltwater pool with, of course, spa, all right, and waterfall. You have views of the Las Vegas Strip as well as the mountains, okay. This home, one whole half of the home is nothing but the primary bedroom, ensuite bathroom and primary closet. Now, if that gives you any idea, okay, as well as you have a theater room, there's just so much. I could go on and on and on. Be better if you just jumped. If you want to jump onto my YouTube channel, you can check it out for yourself. You will see it right there on my YouTube channel. In fact, all the homes I pretty much mentioned today, you will see, or you can view on my YouTube channel. Welcome home with Monique, okay. So once again, that address, it's online right now. We do have it listed 5450 Serenity Brook Drive, okay, area code, or area code, zip code 89149, okay. So here's another one. Now this one has a multi-gen, do you know how hard those are to come by? So there's a new builder, not too far from this property, and they actually have, they're building the multi-gen, so let me share this with you. Their multi-gen are going for around the same price, and they're around the same size, but when you buy a brand new, you're not going to have all the amenities that this multi-gen has, okay. Now, listen, I can't name them all, but I'm going to give you some of the key, the key amenities, all right. This multi-gen has a pool and spa, yes, it does. It comes with a fire bar, a pool outdoor kitchen, okay, multiple sitting areas, as well as another bar under the covered patio, all right. It has an electric shade that comes down and actually makes the space 20 degrees cooler, all right. Now, inside the home, there's a theater room, there's the multi-gen, which is downstairs, so if you're somebody that cannot do the stairs, you have a full-size multi-gen downstairs, which includes a kitchenette, all right, living room, right, full bath, all downstairs, okay. So this is like ideal for people that want to have multiple families under one roof, right. So you have that multi-gen, or if maybe you want to do the Airbnb thing, maybe you want to rent it out, you know, and have that income help you out with your mortgage. There's so much that you can do with a multi-gen, and for you that don't know, a multi-gen simply means basically like a casita attached to the home, all right, and it's downstairs. Now this home upstairs as well, about 500 square feet in the primary bedroom of nothing but closet and bathroom, okay. The closet and the bathroom is probably around 500 square feet, so that is just, you know, it's beyond the norms, let's just say that. The home is only a 2017, well-maintained, you could turn the theater room into a six-bedroom if you want, it has surround sound, landscaping is completely done, now that's the difference. There's a waiting list for these multi-gen with the brand new builder, and when those folks finally after months of waiting do have the opportunity to buy, now they have to worry about the prices went way up while they waited, because while you're on the list, guess what, you're not able to lock that price in, so the price for this multi-gen, and it is in the northwest community as well, very near the Alliante community, it is going for, or we have it listed at 737-999. Now listen, like I said, the brand new homes are listed for very close to the same amount, but you're not going to have the pool. The new homes don't come with the pool, you're going to have to spend money on the pool, you're going to have to spend money on the landscaping, you're not going to have the outdoor fireplace, so that there's just so much benefit in it. That address is 1025 Claystone Ridge, 1025 Claystone Ridge, so 2501 Blue Aloe, this one is under $330,000, and they are giving $10,000 towards buyers closing costs, if they need. You heard me right, guys, under $330,000, 1385 square feet, three car, I'm sorry, three bedroom, two car garage, gated community. Now the last listing was just remodeled, new carpet, new paint, new flooring, vinyl flooring, three bedroom, three bath, with a den, 1946 square feet, listed at 409-999-6280 Highland Gardens. Okay, this is also in the Alliante area. You heard me right, guys, 6280 Highland Gardens, and by the way, the first property that I mentioned for $1.5 million, 5450 Serenity Brook, that property has paid off solar. Okay, guys, I hope you see the value in having me list your property. I can drive a lot of traffic towards your property in a market right now that is so needed. Okay, so if you're interested in listing your property, my number is 702-9843700, and your property will be showcased right here on KUMV 91.5 with thousands of wonderful KUMV listeners. You guys have a blessed weekend, and until I hear from you, this is Monique Buchanan. Thank you for listening. Please remember, all terms discussed are simply an estimate. My license number is S178846. My phone number, if you'd like to contact me, is 702-9843700. You can also find me on YouTube, and please join me tomorrow at my church Living Word Church on Hassel. I'm part of the EXP Realty Group.