Surging demand for Nevada’s RenewableGenerations rebate program
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.