Surging demand for Nevada’s RenewableGenerations rebate program

Posted on Nov 9, 2008

The citizen’s of Nevada have spoken in support of NV Energy’s RenewableGenerations rebate programwhich gives homeowners, businesses, public buildings and schools a generous rebate for installing solar panels, wind power systems. Agriculture customers can also qualify for a hydroelectric rebate. Below is a quick overview of the rebates available for each technology.

SolarGenerations Rebate Program:

Residential: $2.30 per watt $11,500 maximum rebate

Small Business: $2.30 per watt $69,000 maximum rebate

Schools: $4.60 per Watt

Public Buildings: $4.60 per watt

WindGenerations Rebate Program:

Residential, small business, agriculture: $2.50 per watt up to 10 kW $1.50 watt above 10 kW

Schools and Public Buildings: $3.00/watt up to 10 kW $2.00/watt above 10 kW

HydroGenerations Rebate Program:

All agricultural, grid-connected customers: $2.50 per watt

962 citizens of Nevada filed an application for the rebate program, majority of the applicants are installing residential grid tie solar power systems. Cumulatively, Nevada is developing 9.3MW of solar, wind and hydroelectric projects, thanks to the rebate program.

Regions of the USA in which states force the utilities to give rebates to their customers to install renewable energy power generation systems is where solar and wind power systems thrive. Currently, NV Energy’s SolarGenerations and HydroGenenrations program has closed, although they will start to take additional applications soon. The WindGenerations program is still open for applications. To date, NV Energy has paid its customers 7 million dollars

Not located in Nevada? Don’t worry, there might be a rebate program in your neck of the woods, be sure to check out the DSIRE website to learn more about state and federal rebates to install solar panels and wind turbines.