The Incentives for Going Solar in Nevada Just Got Better
Nevada utility companies are working towards getting 25% of their electricity from renewable sources in 2025. As part of this, NV Energy offers a solar rebate to homeowners who install solar panels in Nevada. When you go solar with Sunrun, Sunrun files all the rebate paperwork for you. The rebates are passed onto you through a low upfront cost to go solar. Instead of paying as much as $30,000 for solar panels, you can pay as little as $0 to get solar panels installed.
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.
NV Energy SolarGenerations
NV Energy started the SolarGenerations program in 2008 to offer a one-time rebate to homeowners who installed solar panels. This program offered rich incentives and was so popular that a lottery was put in place to determine eligibility to receive this rebate.
Beginning in July 2014, Nevada has reworked SolarGenerations to allow a greater number of homeowners and business access to solar rebates. The rebate will still be structured as a one-time upfront payment and will step down over time, so the best time to get solar panels is now.
Rebate levels are always changing. For up to date information on all Nevada solar rebate programs, visit DSIRE, the Database of State Incentives for Renewables & Efficiency, or the NV Energy SolarGenerations page.