Nevada offers rebates, tax exemption and net metering as incentives for residential solar energy and other renewable energy systems.
The state has the most solar installed per capita in the country. But the installations are primarily major utility-scale projects. And a lot of the power sells over the border to California or goes to help Nevada meet is renewable energy portfolio standard, which requires it to get 25 percent of its energy from renewable sources by 2025, including 6 percent from solar.
While the state's abundance of utility-scale solar is good for Nevada solar installers and manufacturers, it's not great news for homeowners. Nevada has clearly favored commercial solar prjects over residential solar installations.
But the state does have some programs for homeowners and upped the limits in September 2012. The Nevada Energy RenewableGenerations program offers incentives as large as $13,500 for residences and $67,500 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.
|Technologies||Photovoltaics (solar energy) , wind (on hold through 2013), small hydroelectric|
Residential Solar: $1.35 per watt/maximum $13,500
Small Business and Public buildings solar: $1.35 per watt/maximum of $310,000 for public facilities; $67,500 for small business; $155,000 for schools
Up to 1 megawatt
|Required Documentation||Application and Approval, building permit, system warranties, 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 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 $1.35 per watt generated by their solar energy systems, up to a maximum of $13,500. 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 during an application period and be approved prior to installing the system. Nevada Energy limits the number of projects that it approves for the program and approves applications through a third-party lottery if the applications exceed the capacity the state has budgeted.
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.
|Program Type||Net Metering|
|Technologies||Solar Thermal Electric, Photovoltaics, Wind, Biomass, Hydroelectric, Geothermal Electric, Small Hydroelectric|
|Amount||The lesser of 1 megawatt or the customer's average annual use|
|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 .
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 1 megawatt.
|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|
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.
Property Tax Incentive
Sales Tax Incentive
State Loan Program
State Rebate Program
Utility Loan Program
Utility Rebate Program
Rules, Regulations & Policies
Appliance/Equipment Efficiency Standards
Building Energy Code
Energy Standards for Public Buildings
Renewables Portfolio Standard
Solar/Wind Access Policy
Solar/Wind Contractor Licensing
Solar/Wind Permitting Standards
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