On average, there are 252 sunny days per year in Nevada,1 and the Solar Energy Industries Association (SEIA) shows it's one of the top five states for solar.2 In fact, Nevada rooftop solar panels already create enough energy to power more than 600,000 homes.
Plus, the cost of home solar installations is rapidly declining.3 So teaming up with a Nevada solar company like Sunrun is a smart move, especially when you consider that our country’s grid doesn’t have the necessary strength to meet our electricity demands.4
As the nation’s largest residential solar, storage and energy services company,5 Sunrun has helped hundreds of thousands of households take control of their electric bills and reduce their carbon emissions for over a decade, simply and affordably.
Solar Savings Types | Value of Savings |
---|---|
Federal Solar Tax Credit |
26% federal solar tax credit is available for home solar systems installed by December 31, 2022 |
NV Energy SolarGeneration | $0.15 per Watt |
Other Programs | Variable (Net Metering) |
Learn More About Nevada Solar Incentives |
**Customer’s ability to monetize rebates, incentives and tax credits depends on several factors, including, without limitation, continued state subsidization of these policies, the applicable Sunrun product type, and whether a customer purchases or leases a solar system from Sunrun.
BrightSave™ Monthly lets you lease brand-new Sunrun home solar panels for little to $0 down, and get the same dependable power as full ownership. But this plan offers the added benefit of low, predictable monthly solar payments for 25 years. Our most popular solar plan includes professional monitoring, maintenance and insurance, too. This is our industry-leading Sunrun Guarantee.
Prefer the worry-free benefits of a solar lease without monthly bills? Choose BrightSave™ Prepaid, and get lower electricity rates than what you pay your electric company today for the next 25 years by making a simple, one-time upfront payment. When you prepay your solar power, our Power Purchase Agreement (PPA) plan offers you the best value in solar. BrightSave Prepaid also comes with our Sunrun Guarantee for 100% peace of mind.
With Sunrun in Nevada, you have the choice to buy your home solar system upfront with BrightBuy™ or, for $0 down and low, fixed monthly payments with BrightAdvantage™. Both plans put your name on the system and the power for life while helping you increase your home’s value.
As a Nevada home solar owner, you’re eligible for the federal solar tax credit.6* The federal solar tax credit gives you a dollar-for-dollar reduction against your federal income tax. The 26% tax credit applies as long as the solar energy system is installed by December 31, 2022. Starting in 2023, the value of the tax credit will step down to 22%. After 2023, the tax credit for residential solar ends.
In addition to this attractive Nevada solar tax credit, home solar installations are designed to last 30 years or longer. So we’re sure you’ll be a happy home solar owner for decades.
Nevada is already committed to getting rid of fossil fuels, as well as having 50% of the state’s electricity come from renewable sources by 2030 and 100% by 2050.7 You can help the Silver State achieve these ambitious clean energy goals by creating your own Nevada solar power with a company like Sunrun today.
But when you go solar with Sunrun, you won’t just reduce your carbon emissions. Thanks to the passing of Assembly Bill 405 (AB 405) and Nevada’s net metering program, customers of NV Energy and other electric companies can earn credits for the electricity they add to the grid.8 So you’ll have better control over your home energy and the price you pay for it.
Now’s the time for home solar in Nevada. If you’re interested in discussing the available solar options for you and your family, our team is here to guide you every step of the way. Take the first step by requesting a free, personalized solar quote. Together, we can build a cleaner, more affordable and reliable energy future for all Nevadans.
Sources:
1. https://www.bestplaces.net/climate/state/nevada
2. https://www.seia.org/state-solar-policy/nevada-solar
3. https://www.businessinsider.com/solar-power-cost-decrease-2018-5
4. https://www.energy.gov/grid-modernization-initiative
5. https://cleantechnica.com/2018/10/19/sunrun-ranked-as-leading-residentia...
6. https://www.seia.org/initiatives/solar-investment-tax-credit-itc
7. https://www.renewableenergyworld.com/articles/2019/04/nevada-is-the-four...
8. https://programs.dsireusa.org/system/program/detail/372
*We recommend contacting a tax professional to accurately determine the impact of the solar Investment Tax Credit (ITC) on your federal taxes.