Nevada Solar Rebates and Incentives
Nevada offers rebates, tax exemption and net metering as incentives for residential solar energy and other renewable energy systems.
The Nevada Energy RenewableGenerations program offers incentives as large as $10,500 for residences and $63,000 for small business. These rebates reduce system payback time substantially.
Net Metering rules in Nevada allow participants to carry credits forward indefinitely. The credits can be used to offset power costs, but the program does not provide a cash incentive.
Property owners can get property tax abatements to offset their investments in renewable sources like solar panels, solar hot water, geothermal, wind and hydroelectric.Abatements are open to residential property owners, small businesses and other commercial property owners.
Solar Rebate and Incentive Programs
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Nevada Energy RenewableGenerations Rebate Progam
Program Type Rebate Technologies Photovoltaics (solar energy) , Wind, Small Hydroelectric Amount Residential Solar: $2.10 per watt/maximum $10,500
Residential Wind: $2.50 per watt for the 1st 10kw; $1.50 per kW above 10kW/maximum of $100,000Small Business and Public buildings solar: $4.20 per watt/maximum of $210,000 for schools; $63,000 for small business
Small Business and Public buildings wind: $3.00 per watt for the 1st 10kW; $2.00 per watt above 10kW/maximum $385, 000 for Small Business; other maximum varyRequired Documentation Application and Approval, building permit, a Voltage Verification form, a change order form (if applicable), copies of all invoices, and a signed Net Metering Agreement Official Web Site www.nvenergy.com/renewablesenvironment/renewablegenerations/ The Renewable Generations rebate program offers customers of Nevada Energy an opportunity to get paid for installing solar, wind and hydro electric systems. Participants in the rebate program must also participate in the company’s net metering program and the installed system must meet rules set by the utility.
To qualify, the systems must be new, installed by a certified and licensed contractor and meet safety guidelines. System components must meet UL, IEEE and warranty standards set by the utility. Systems are subject to inspection by the company at any time after installation.
Homeowners can get paid $2.10 per watt generated by their solar energy systems, up to a maximum of $10,500. The rebate for wind systems is $2.50 per watt for the first 10 kW and $1.50 per watt above 10 kW. Small Business, Agriculture, Public Buildings and Schools are also eligible under the program. The incentive is paid when the installation project is complete.
Customers must apply for the rebate and be approved prior to installing the system. Nevada Energy limits the number of projects that it approves for the program and approves applications on a first-come-first-serve basis.
To collect the incentive, participants need to provide a building permit, a voltage verification form, copies of all invoices and a signed net metering agreement. If changes in the project equipment, contractor, location of the equipment or other project details occurred between application and completion, a change order form may also be required.
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Nevada Net Metering
Program Type Net Metering Technologies Solar Thermal Electric, Photovoltaics, Wind, Biomass, Hydroelectric, Geothermal Electric, Small Hydroelectric Amount No limit on the number of credits; credits can be carried forward indefinitely Maximum System Capacity 1 Megawatt Who is eligible Commercial, Industrial, Residential customers of invetor owned utilities Official Web Site pucweb1.state.nv.us/PUCN/RenewableEnergy.aspx Nevada’s investor-owned utilities are required to offer net metering programs to their customers who generate electricity from solar, wind, geothermal, biomass and some types of hydropower. The program pays customers for the electricity their systems produce in excess of their usage.
For systems that produce less then 100kW, the utility must provide a meter capable of measuring electricity flowing in and out of the customer’s system. The utility cannot increase the customer’s monthly minimum charge to an amount greater than other customers who are in their same rate class.
For systems that produce more than 100kW, the utility may require the customer to install a meter capable of measuring bidirectional flow, at the customer’s expense. The customer may also have to pay the utility’s costs for connecting the customer’s system to the utility grid.
Regardless of the system size, the excess generated by the customer’s system is credited to their account. The credit is carried forward indefinitely. If the customer is billed under a time-of-use plan – which varies rates by time of day – the credits are applied to the same time of day in which they were generated.
To be eligible, the customer’s system cannot produce more electricity than the maximum demand allowed to a customer in that rate class, or 150% of the customer’s peak demand. Additionally, the total capacity of the system cannot exceed one megawatt.
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Nevada Renewable Energy Systems Property Tax Exemption
Program Type Property Tax Exemption Technologies Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Hydroelectric, Geothermal Electric, Geothermal Heat Pumps, Municipal Solid Waste Amount 100% Exemption for the value of the qualifying system Who Can Apply Any property owner: Residential, Commercial or Industrial Official Web Site www.leg.state.nv.us/NRS/NRS-701A.html#NRS701ASec200
www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=NV02F&re=1&ee=1Nevada property owners can get a property tax exemption for 100% of the value of their renewable energy systems. The program does not have any maximum and applies to residential, commercial and industrial buildings. Property owners can take advantage of the exemption for all years following the installation of the system.
Eligible renewable energy systems include passive solar heat, solar hot water, solar space heat, photovoltaics, wind, hydroelectric, geothermal electric, geothermal heat pumps, and municipal solid waste.
The renewal property tax exemption cannot be claimed if another state tax abatement or exemption has been claimed on the same building.
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Nevada Solar Power Financial Incentives
Financial Incentives
Property Tax Assessment
Property Tax Exemption
Sales Tax Exemption
State Rebate Program
Utility Rebate Program
- NV Energy - Northern Nevada Residential Energy Efficiency Rebate Program
- NV Energy - Southern Nevada Residential Energy Efficiency Rebate Program
- NV Energy - SureBet Business Energy Efficiency Rebate Program
Rules, Regulations & Policies
Appliance/Equipment Efficiency Standards
Building Energy Code
Contractor Licensing
Energy Standards for Public Buildings
Generation Disclosure
Interconnection
Net Metering
Renewables Portfolio Standard
Solar and Wind Access Law
Related Programs & Initiatives
Alternative Fuels and Advanced Vehicles Data Center
The U.S. Department of Energy's Alternative Fuels and Advanced Vehicles Data Center (AFDC) provides a wide range of information and resources to enable the use of alternative fuels and other petroleum-reduction options, such as advanced vehicles, fuel blends, idle reduction and fuel economy. The AFDC site offers a database of state and federal laws and incentives related to alternative fuels and vehicles, air quality, fuel efficiency, and other transportation-related topics.
The U.S. Department of Energy's Green Power Network provides news and information on green power markets and activities, including opportunities to buy green power. This site provides state-by-state information on green power marketing and utility green power programs. In addition, the site lists marketers of renewable energy credits (RECs), also known as green tags or renewable energy certificates, which represent the environmental attributes of the power produced from renewable energy projects.
Weatherization Assistance Program
The U.S. Department of Energy's Weatherization Assistance Program (WAP) enables low-income families to reduce their energy bills by making their homes more energy-efficient. Through this program, weatherization service providers install energy-efficiency measures in the homes of qualifying homeowners free of charge. The WAP program web site offers a state-by-state map of opportunities, projects and activities.
The U.S. Department of Energy's Wind Powering America site provides state-by-state information on wind projects and activities, including wind working groups, validated wind maps, anemometer loan programs, small wind guides, state-specific news, wind for schools, workshops and web casts.
