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Nevada

Nevada

Incentives/Policies for Renewables & Efficiency

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NV Energy - RenewableGenerations Rebate Program   

Last DSIRE Review: 08/06/2014
Program Overview:
State: Nevada
Incentive Type: Utility Rebate Program
Eligible Renewable/Other Technologies: Photovoltaics, Wind, Small Hydroelectric
Applicable Sectors: Commercial, Residential, Nonprofit, Schools, Local Government, State Government, Tribal Government, Low-Income Residential, Agricultural, Other Public Buildings
Amount:Solar (As of 8/13/14):
Residential/Commercial/Industrial (25 kW or smaller): $0.40 / watt-AC
Low Income/Nonprofit/Public Entity (25 kW or smaller): $0.80 / watt-AC
Residential/Commercial/Industrial (greater than 25 kW): $0.043 / kWh
Low Income/Nonprofit/Public Entity (greater than 25 kW): $0.0861 / kWh
Wind (As of 8/13/14):
Residential/Commercial/Industrial: $0.043 / kWh
Low Income/Nonprofit/Public Entity: $0.0861 / kWh
Eligible System Size:Maximum of 500 kW
Equipment Requirements:Solar:
Systems must be in compliance with all applicable standards; Must carry a minimum 7-year warranty on inverters, 20-year warranty on panels, and 2-year warranty on labor; Modules and inverters must be on the California Energy Commission (CEC) approved equipment list.
Wind:
Turbines with a swept area smaller than 200 m2 must be listed by the Interstate Turbine Advisory Council. Turbines with a swept area greater than 200 m2 must have an IEC 61400-12 (power curve) certification provided.
proposed installation location must The proposed location must have an average annual wind speed of 10 miles per hour or greater at the hub height of the turbine.
Hydro:
Systems must be in compliance with all applicable standards and under 200kW.
Installation Requirements:Installations must comply with all federal, state, and local codes and meet detailed siting criteria specified in program guidelines. Systems must be grid-connected and net metered. Solar systems must be installed by a Nevada-licensed electrical C-2 or C-2g electrical contractor. Wind and microhydro systems must be installed by a Nevada-licensed C-2 electrical contractor.
Ownership of Renewable Energy Credits:NV Energy
Program Budget:PV: $255,700,000; Wind and Hydro: $40,000,000
Expiration Date:12/31/2021 (PBI payments may continue to be paid through 12/31/2026)
Web Site: http://www.Nvenergy.com/renewablegenerations
Authority 1:
NRS § 701B.010 et. seq.
Authority 2:
NAC § 701B
Authority 3:
Date Enacted:
Date Effective:
AB 428
06/11/2013
06/11/2013
Summary:

Note: The SolarGenerations Program, WindGenerations Program, and HydroGenerations Program began accepting applications on August 13, 2014. 

The SolarGenerations Rebate Program was established in 2003 as a result of AB 431 ("the Solar Energy Systems Demonstration Program") and began accepting applications in August 2004. The program was subsequently amended nuerous times and rebates are now available for grid-connected photovoltaic (PV) and small wind systems installed on residences, small businesses, large commercial/industrial facilities, public buildings, low-income housing, non-profits and schools; and small hydroelectric systems installed at grid-connected agricultural sites and tribal entities. Participants must be current Nevada customers of NV Energy to participate.

SolarGenerations

Customers may install PV systems sized to meet 100% of their annual energy needs up to a maximum of 500 kilowatts (kW). Systems 25 kW and smaller will receive an Up-Front Incentive (UFI) based on the system's size. The incentive payment may not exceed 50% of the average installation cost per watt of 25 kW and smaller solar systems installed in the SolarGenerations Program in the quarter prior to application. This average is published quarterly by NV Energy on the SolarGenerations website. Systems larger than 25 kW will receive a Performance Based Incentive (PBI), paid quarterly for five years, based on the actual electricity produced by the system. 

SolarGenerations Incentives as of 08/13/14

Category Incentive Rate/Status
Residential/Commercial/Industrial (25 kW or smaller) $0.40 / watt-AC
Low Income/Nonprofit/Public Entity (25 kW or smaller) $0.80 / watt-AC
Residential/Commercial/Industrial (greater than 25 kW)  $0.043 / kWh 
Low Income/Nonprofit/Public Entity (greater than 25 kW) $0.0861 / kWh 

 

WindGenerations

Customers may install wind systems sized to meet 100% of their annual energy needs up to a maximum of 500 kilowatts (kW). Incentives are paid quarterly for up to five years based on the actual electricity produced by the system. 

WindGenerations Incentives as of 08/13/14

Category Incentive Rate/Status
Residential/Commercial/Industrial $0.043 / kWh
Low Income/Nonprofit/Public Entity  $0.0861 / kWh

Incentive amounts will decline over time as certain participation levels are met. NV Energy takes ownership of the renewable energy credits (RECs) associated with the electricity produced by a customer’s PV, wind or small hydro system. The RECs count towards the utility's' goals under Nevada's renewable portfolio standards (RPS).


 
Contact:
  John Hargrove
NV Energy
RenewableGenerations
6100 Neil Road
Reno, NV 89511
Phone: (866) 786-3823
E-Mail: renewablegenerations@nvenergy.com
Web Site: http://www.nvenergy.com/
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.