With more than 6 peak sun hours, Nevada is in the Top 3 of our solar rankings. This means that living in Nevada you can go solar without worries - your solar panels will definitely pay for themselves. And if you want to speed up the process, take advantage of solar incentives and rebates in Nevada.
Key takeaways
- With more than 6 peak sun hours, Nevada is in the Top 3 of our renewable energy rankings.
- Nevada residents can claim a 30% federal tax credit on the total cost of their solar energy system installation, including solar panels, inverter, battery and cost of works to install them. So, look at the installer’s quote and divide it by 3.
- Investor-owned utilities are required to offer net metering for residential clean energy influencing your billing. Credits are valued at 75% of the retail rate. These conditions are locked in for 20 years after enrollment. Smaller utilities may use different rates (e.g., wholesale).
- Solar easements protect solar systems from shading. Voluntary agreements between property owners. Must include specific details about properties, solar equipment, and shading restrictions.
Save 30% of your PV system cost with Federal Solar Tax Credit
The US government wants more people to go solar: it’s a modern and green way of getting energy. This is why the Solar Investment Tax Credit (ITC) program was developed. It allows American citizens to claim 30% of the cost of their installation as an income tax deduction. The cost here is not only solar panels, but also shipping, installation expenses and more. For example, if your system overall made you spend $10,000, the government returns you $3,000. To claim the ITC, complete all the necessary forms and submit them when filing your taxes.
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Get quotesSell excess electricity with net metering program
Solar laws in Nevada oblige all investor-owned utilities to offer net metering. Net metering allows residential solar owners to put the excess electricity into the utility grid instead of storing it with batteries. When you sell your solar power to the grid, you receive credits that can be used to offset your next bills. The value of the credits is equal to 75% of the retail rate. These conditions won’t change for 20 years after a customer joins the program.
NV EnergyNV Energy serves more than 2.4 million customers in Nevada. It is the only company subject to regulation by the state’s Public Utilities Commision.
Smaller local players may use different approaches to net metering. For example, the Harney Electric Cooperative credits its customers based on the wholesale rate, which is lower than the 75% offered by the largest utility.
Save up to $1,000 a year trading PECs - Discontinued
Portfolio Energy Credits are certificates granted to any person or entity upon generation of each kWh of clean electricity. Unlike with net metering, you don’t need to sell any electricity to get credits. There are two web platforms to store and sell them: NVTREC and WREGIS. The value of PECs is always changing, which makes them similar to stock market assets. Based on the available data, selling PECs could mean anywhere from $300 to $1,000 annually for a 10kW solar system. To participate, register your system with the Public Utilities Commission of Nevada.
Update: Unfortunately, the program was discontinued in Nevada.
Protect your solar panels from shade with Solar Easements
A solar easement contract is a written agreement between you and another party, for example, your neighbor. This type of contract helps to ensure that your solar panels in Nevada will always have adequate sun exposure, protecting you from potential obstacles. It is voluntary, but can not be canceled unless a specific clause is included in the document. Once signed, it is tied to the land, not the owner. It must include the following elements:
A description of both properties
Size, location and active hours of the solar equipment
A list of obstacles allowed on the neighboring property or complete prohibition of all structures that might cast shadow on the solar panels
What are solar incentives, and why do they exist?
Basically, governments want homeowners and businesses to use solar power, and they're willing to pay you to do it. Think of solar incentives as money-saving deals that make switching to solar much easier on your wallet. They may come in the form of clean energy credit, energy storage incentive, or different solar loans.
The biggest reason these deals exist is that solar panels cost money to install. So, to make it easier, governments offer things like tax credits. This is like getting a discount on your taxes. You can take a certain amount off what you owe, which saves you money. Some places even give you cash back, which is even better!
Another way they help is with rebates. This is like getting a refund after you buy something. After you install your solar panels, you can get money back, which lowers the overall cost.
Then there's the idea of selling your extra power. If your solar panels make more electricity than you use, you can sell it back to the power company. This means you can actually make money from your solar panels, which helps pay for them faster.
Why all this free money? Because governments know that solar is good for everyone. It saves us from using dirty energy, which helps the environment. It also creates jobs, which is good for the economy. And it makes us less reliant on other countries for our energy.
For you, it means you can save a lot of money. You get help paying for the solar panels, you pay less for electricity every month, and you might even make money by selling your extra power. Solar incentives are like a big sale on solar power, making it cheaper and easier to save money and help the planet.
Is it the right time to go solar?
Your monthly electricity bill is like a little monster that keeps growing. Solar panels are like a way to shrink that monster, maybe even make it disappear altogether. The cost of those panels has dropped a lot lately, so it's much easier to afford them. Meanwhile, the price of regular electricity from the power company is often going up, meaning your bill keeps getting bigger.
Think of it like this: you're buying your own little power plant for your roof. It's a plant that uses sunlight, which is free and plentiful. And these little power plants are getting better and better at their job. They're turning more sunlight into electricity than ever before.
Now, what about when the sun isn't shining? That's where batteries come in. They're like big storage containers for the extra power your panels make. Batteries are also improving, holding more power for longer. So, you can have electricity even when it's cloudy or at night.
Using solar power is like choosing to breathe clean air. It helps reduce pollution, which is good for everyone. It's a way to do your part for the planet without having to make huge changes to your lifestyle.
Plus, having solar panels can make your home more attractive to buyers. It's like adding a feature that people really like. So, if you ever decide to sell your house, it could be worth more.
And there's a feeling of independence that comes with generating your own power. You're less dependent on the power company, which can be reassuring. If there's a power outage, you might still have lights and power if you have a solar system with batteries.
Don't think solar only works in super-sunny places. Solar panels work anywhere the sun shines, even on cloudy days. They're designed to capture as much light as possible.
Basically, getting solar panels is like making a smart investment. You're saving money on your electricity bills, helping the environment, and potentially increasing the value of your home. It's a win-win-win situation.
Check out solar panels near you!
Описание: Looking to build a home solar system? Check out solar panels that we have for sale in Nevada
SHOP SOLAR PANELSYears of experience in translation and a love of nature help Julia find the right words to encourage going solar. She joined the team in 2023 and is happy to make her contribution to a greener future.
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