Saturday, September 15, 2018

Solar Power and NV Energy in Nevada

Solar power in Nevada


Especially with the recent return of net metering now is as good as any time to go solar. NV Energy in order meet their RPS quota are offering rebates to their solar customers alongside their net metering program crediting energy exported to the grid at 95% the retail rate.
30% of the system cost may also be claimed as a deduction to federal taxes after factoring in your utility rebate. Already about 35% of your investment is payed for through tax credits and rebates.
For every 80MW of solar installed utilities are allowed to reduce net metering credits by 7% down to 75% and NV energy as they approach their mandated RPS target are likely to remove their rebate program. Every home and business owner in Nevada should go solar now before it's too late.

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