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 |
Nevada 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.
