Nevada ranks as the second-best state for solar energy in the US, with more than 20% of energy coming from solar sources. Here are some of the incentives available to Nevada home and business owners:
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Federal Solar Investment Tax Credit (ITC):
Homeowners that qualify for the Solar ITC can take advantage of a tax credit for 30% of the cost of installed solar panels. Battery storage can also qualify for the Residential Clean Energy Credit.
Net Metering:
Homeowners can get credits in exchange for giving excess energy to the utility company. Net metering promotes the efficient use of solar power, reduces reliance on fossil fuels, and supports the transition to clean energy. By participating in net metering, you not only save money but also contribute to a more sustainable energy future while helping maintain grid stability in Nevada.
Utility Rebates:
NV Energy offers a rebate on new solar water heaters, solar space heating, and solar pool heating systems. Homeowners can receive 50% of a new system installation, up to $3,000.
Further information and programs can be found at the Programs.Dsireusa.org
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