Nevada’s Solar Incentives Make It Easy to Go Solar with Sunrun
Nevada ranks #5 in the state for solar capacity, and with good reason—it’s got plenty of sun to go around, plus some attractive solar tax credits and rebates to get started.1 Not only can we help you make sense of Nevada solar incentives, we’re here to help you take advantage of them all so you can maximize your savings.
NV Energy South RenewableGenerations Rebate
Nevada wants to reward households for using renewable energy and maximizing energy efficiency. To help reach Nevada’s goal of 250 megawatts of installed solar capacity, NV Energy is offering the RenewableGenerations solar rebate program, or SolarGenerations, to homeowners that go solar across the state. Through this program, home solar systems that generate up to 25 kilowatts of electricity could earn NV Energy South customers $0.20 per watt back on their system.
Sunrun also participates in SolarGeneration’s low income program, calculated as 80% of area median income. That means qualifying solar system owners could get $0.45 per watt on their systems. Because when we say we believe in solar for all, we mean it.
Nevada Solar Incentives, Rebates, & Tax Credits
|Solar Savings Types
||Value of Savings
|Federal Solar Tax Credit (ITC)
||30% of the total system cost
|NV Energy SolarGeneration
||$0.15 per Watt
||Variable (Net Metering)
**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.
Net metering2 is one of Nevada’s best solar incentives,3 saving you even more on your electricity bill.
It’s pretty simple: if your solar panels produce more energy than you need, your utility will buy that surplus energy from you and pay you in the form of energy credits. That way, you can put those credits towards your monthly bill for times when you’ve needed to use energy from the grid. You can expect this to happen at nighttime or on particularly cloudy days. Basically, you can “save” your solar energy for when you need it most.
NV Energy South customers that receive the SolarGeneration rebate will automatically be enrolled into its net metering program. Solar system owners will be assigned a tier and credit rate based on when NV Energy receives their application. Remaining credits at the end of the year are carried over to future energy bills, and the assigned credit rate will apply for 20 years.
To see NV Energy’s tiers and current solar capacity, visit its Net Metering page. To better understand how net metering helps you save money, you can also see an example electricity bill for Southern Nevada.
Limited spots are available for the highest tier, giving you the highest rate for the energy you produce. Going solar today could help you secure a spot in the higher tiers so you can enjoy even more solar savings.
Solar Access Laws are on Your Side
Nevada believes that everyone has the right to go solar, and we couldn’t agree more. That’s why it has solar access laws in place that protect homeowners’ ability to install home solar systems on their property. Without these protections, unreasonable restrictions to your ability to install solar energy systems can can significantly decrease the efficiency or performance of the system.4
Federal Solar Tax Credit
Buying a home solar system also qualifies you for the 30% Federal Solar Tax Credit, or ITC.5 Add that to the state incentives you could get from the SolarGenerations program and the savings just keep adding up.* However, ITC credits will begin stepping down from 30% at the end of 2019. The tax credit for systems in service after 12/31/19 will drop to 26%. After 12/31/20, it’ll drop even further to 22%. That’s why the time to go solar is now. But not to worry—we can help you maximize on all the solar savings available to you.
Own Your System and Cash In on Nevada Solar Rebates and Tax Credits
Our BrightBuy™ and BrightAdvantage™ plans give you the chance to buy your own solar system outright or through a hassle-free loan. We’ll create a customized agreement based on your individual needs. You’ll also get a free, custom solar design that meets the unique needs of your home and lifestyle. We only partner with the top solar installers in your area to ensure you enjoy the highest quality solar installation available.
Whichever one you choose, we’ll help you take advantage of all the Nevada solar power incentives available to you. We’ll even handle the paperwork. All you have to do is sit back and soak up the savings.
See why other customers have chosen to go solar with Sunrun, one of the most trusted home solar companies in Nevada. Want to see how much you could save? Get your free solar quote today.