Richmond American Expands Solar Leasing to Las Vegas

In California, MDC's Richmond American Homes subsidiary has offered solar power systems to customers since 2012, and solar leases since 2021. Now, MDC, a leading national homebuilder, is taking its commitment to sustainability to the next level.

Richmond American Homes of Nevada, Inc. is now offering either solar leases or power purchase agreements through a solar provider at communities in the Las Vegas area.

Buyers will have the ability to lock in the cost of electricity generated by the solar system for the term of the power purchase agreement below current market rates.*

In addition, Richmond American companies offer homebuyers a host of standard and optional features that help reduce energy usage without sacrificing functionality.

These include more efficient HVAC solutions (up to 16 SEER air conditioning and variable speed mid- or high-efficiency furnaces), high-efficiency MERV 13 air filters, high-efficiency tankless water heaters, Low-E windows and radiant roof barriers. The Richmond American companies also now offer electric vehicle charging prewiring in all markets. 

"We're always exploring more sustainable ways to offer and incorporate more energy efficient features. After seeing great success in California with providing buyers the ability to lock in the cost of electricity generated by the solar system for the term of the lease or power purchase agreement, offering more solar options in other regions where we build was a logical next step," said Andrew Harris, Senior Vice President of Richmond American Homes Corporation.