Nevada ranks #16 in America for savings from installing solar panels on your home

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.

Even if you're still on the fence about going solar it doesn't hurt to get a free estimate by entering your zip code below.

 

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Solar power in Nevada

Nevada solar power facts

$3.52
/watt

Average cost of a 5kw solar power system in 2018
Price shown before incentives

10 Years 8 Months

Average payback time

$33,513

Average lifetime savings
Price shown after repayments of capital


/kWh

levilized cost of solar energy

19¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

12,807
kWh

Annual power production

Cash flow graph based on cash purchase of a 7.99kW system

This 7.99kW system would offset 100% of your energy usage if your typical monthly bill in Nevada is $111, however your situation may vary so try our solar calculator to get a result tailored to you.


Solar companies in Nevada that provide pricing through the Solar-Estimate marketplace

2


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How much do solar panels cost in Nevada

$3.52 per watt

Cash purchased solar system
Before 30% solar tax credit

$3.89 per watt

Financed solar system
Before 30% solar tax credit

17.1¢ cents/kWh

Lease/PPA
Av. 15 year term, 2.5% price escalator

What are the pros and cons of buying solar panels for your home in Nevada

The advantages of installing solar panels in Nevada is that besides 30% of the cost being covered Nevada also has excellent sun exposure so panels produce a lot more than they would in other states.

The disadvantages of installing solar panels in Nevada are the not so good incentives but that is set to change very soon. Calculate the cost and savings you are likely to get from installing solar panels for your home.

Find local city information


Best brands of solar panels

To find the best brands of solar panels you can use America's most trusted solar panel comparison and reviews website, SolarReviews.

However, reviews of solar panels can be a bit meaningless because most consumer owners have not had any issues and so whilst solar company reviews are very important when choosing solar installers they are of less use when choosing solar panels.

For more information to help you make an informed decision about this topic, I would recommend this article about buying solar panels.

 

Unlock live pricing on the best solar panel brands!

 

How much electricity will solar panels produce in Nevada

Solar panels produce different amounts of energy in different locations.

Around the Las Vegas area solar panels installed on a south facing 29 degree pitch roof will typically produce:

1,471kWh per year per 1kw of peak DC (direct current) capacity

For more information about how your location, roof direction and roof tilt affects solar power production use the solar panels calculator and enter your zipcode below.

 

See how much electricty your solar panels could produce

I want to buy a solar panel kit and install it myself

What rebates, solar tax credits and other solar incentives are available in Nevada?

There is no state level tax credit, however NV Energy provide a rebate program alongside the 30% federal solar tax credit

 


 

Net Metering in Nevada

Net metering requires utilities to credit unused solar generation sent to the grid at or close to retail value. Considering the level of sun in Nevada and that most home owners aren't using power during the day, net metering can save or even make you a lot of money!

When more power is exported than drawn from the grid credit is given at the same rate to future bills withing the same 12 month billing cycle. Remaining credit at the end of those 12 months is deposited into your account.

Through a vow by several solar groups to remove any politician who stood in the way of net metering solar friendly representatives were elected to the house and the senate including Govenor Sandoval. Net metering returned mid 2017 and mandates that utilities must credit excess solar generation at 95% the retail value!

It's best to hurry up since net metering returns will reduce to 88% of the retail power price after 80MW of solar are installed and the next 80MW of installed solar will make returns reduce to 81% then after the final 80MW net metering will only credit at the minimum tier at 75% of the retail power price. This could mean a few more years your solar system will need to pay for itself.

 


 

NV Power rebate program

NV energy offer a $245 per kW rebate reducing the cost of a standard 5kW system by $1,225. While it doesn't seem like much this will take about 1-2 years off your payback time.

 


 

Simplified Nevada Interconnection guidelines

Connecting to the grid isn't as much of a bureaucratic headache compared to some other states. I wouldn't worry about this since your solar installer handles all this.

Nevada Solar Calculator

Regardless of what you want to know about the economics of installing solar panels for your home or business in Nevada we have a solar calculator that can show you exactly the information your require.

 

You can either use our full monty solar calculator that shows you everything you could possibly want to know or you can use one of our range of smaller calculators for specific solar calculations that focus on providing you only with the specific information you require.

 


 

What you can find out about installing solar panels in Nevada using our full monty solar calculator

This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:

If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.

 

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Solar calculator

Going solar in Nevada

Check out all of the ways energy providers of Nevada can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Portfolio Energy Credits State Performance-Based Incentive
NV Energy - RenewableGenerations Rebate Program Utility Rebate Program
Find your local rebates and incentives

Your city may have further incentives to offer. Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.