Nevada Solar Incentive Programs
NV Energy Net Metering
Nevada's net metering program under Assembly Bill 405 (NRS Chapter 704) credits residential solar customers for excess power sent to the grid. NV Energy serves both Southern Nevada (Nevada Power Company) and Northern Nevada (Sierra Pacific Power Company). Eligible systems are up to 25 kW.
NMR-405 was the standard net metering tariff from 2017 until it closed to new applications on October 1, 2025. Customers enrolled before that date are grandfathered at their tier rate for 20 years from their original application date.
Tier Credit Rates (Q4 2026, RS Residential Single-Family)
Tiers 1 to 3 are closed to new enrollment. Tier 4 (75% of retail) is the only open tier and has no capacity limit.
| Tier | % of Retail Rate | Flat Rate/kWh | Status |
|---|---|---|---|
| Tier 1 (95%) | 95% | $0.10573/kWh | Closed (2018) |
| Tier 2 (88%) | 88% | $0.09794/kWh | Closed (2019) |
| Tier 3 (81%) | 81% | $0.09015/kWh | Closed (2020) |
| Tier 4 (75%) | 75% | $0.08347/kWh | Open (grandfathered) |
Rate figures from NV Energy Q4 2026 Southern Nevada net metering rate schedule (effective October 1, 2026). Northern Nevada rates are slightly lower. Verify current rates at nvenergy.com.
- Monthly carryforward of excess credits to the next billing period
- No annual true-up cash payment for NMR-405 customers
- 25 kW system size cap (residential single-family)
- Optional TOU rate schedule available; credits valued by time period
- Tier rate locked for 20 years at original installation location
- Expanding the system moves the account to the open tier (currently Tier 4)
NMR-405 is Closed to New Applications
New residential solar customers installing after October 1, 2025 must apply under NMR-2025. If you applied before October 1, 2025 and were enrolled in NMR-405, your tier rate is locked for 20 years. Contact NV Energy at nvenergy.com or 1-800-NVEnergy to confirm your enrollment status.
NMR-2025 is Nevada's net metering program for solar applications submitted on or after October 1, 2025. Approved by the Public Utilities Commission of Nevada, it uses a tiered credit structure identical to NMR-405 but adds mandatory 15-minute interval netting. New customers enter at the open tier (currently Tier 4 at 75% of the retail rate).
How NMR-2025 Credits Work
| Feature | Detail |
|---|---|
| Credit basis | 75% of the retail per-kWh rate for net exports |
| Netting interval | 15 minutes (not monthly netting) |
| Credit carryforward | Monthly; excess credits roll to next bill |
| TOU option | Available; credits valued by time-of-use period |
| System size limit | 25 kW nameplate capacity |
| Rate lock duration | 20 years from application date at original location |
| Excess credit payout | Not specified in current tariff; credits roll monthly |
How to Apply for NMR-2025
Contact NV Energy before or during your solar installation to begin the interconnection process. Applications are submitted online at nvenergy.com. Your solar installer typically handles the application and interconnection paperwork. Approval is required before energizing your system. Visit nvenergy.com for current program details and to confirm your service territory.
Tariff issued March 4, 2025; effective October 1, 2025. Rates in this section reflect the NMR-2025 tariff framework; the per-kWh dollar value varies with retail rate adjustments. Confirm current credit rates with NV Energy before making financial projections.
100% Property Tax Exemption
Nevada exempts qualifying renewable energy systems from property taxation under NRS 701A.200. Solar installations do not increase your assessed property value for tax purposes.
- Applies to solar, wind, geothermal, solid waste, and hydroelectric systems
- Covers systems that heat or cool a building, heat water, or generate electricity used in the building
- Applies equally to residential, commercial, and agricultural (irrigation) installations
- Effective for all tax years following installation, no time limit
- Cannot be combined with other Chapter 701A abatements or NRS 361.045 to 361.159 exemptions on the same system
- No dollar cap or system size limit specified in the statute
How the Exemption Works
The NRS 701A.200 exemption is administered by the Nevada Department of Taxation. When you install a qualifying solar system, it should not be added to your property's assessed value. Contact your county assessor to verify the exemption has been applied after installation. For residential installations, it typically applies automatically, but confirming with your assessor protects against assessment errors.
Note: If you are also claiming a large-scale project abatement under NRS 701A.360, you cannot simultaneously claim this exemption. This restriction is unlikely to affect typical residential installations.
No Nevada State Income Tax
Nevada has no individual state income tax. There is no state solar income tax credit because there is no income tax from which to subtract a credit. This is a structural benefit: Nevada residents keep 100% of any federal tax credits or other cash savings without a state tax offset.
Nevada's constitution prohibits a personal income tax. Because there is no state income tax, there is also no state solar income tax credit. However, the absence of income tax means Nevada homeowners experience no state tax "clawback" on solar savings, and net metering credits received are not subject to state income tax.
- No state solar income tax credit exists because there is no state income tax base
- Net metering credits, rebates, and solar savings are free from Nevada state income tax
- Federal-level tax treatment (ordinary income rules) still applies to some rebates
- Nevada's no-income-tax status is constitutionally protected, not just statutory
No Residential Solar Sales Tax Exemption
Nevada does not offer a statewide sales tax exemption for residential solar installations. The standard Nevada state sales tax rate of 6.85% applies, plus applicable county rates (typically 8.375% in Clark County). A commercial-scale project exemption exists under NRS 701A.360 but does not apply to residential systems.
- No statewide sales tax exemption for residential solar equipment or installation
- Standard sales tax applies to solar panels, inverters, and related equipment
- NRS 701A.360 offers a reduced 2.6% sales tax rate for large-scale renewable energy facilities (commercial utility projects), not residential
- County rates vary; verify your county rate at tax.nv.gov before budgeting
Nevada Solar Savings Estimator
Estimate your net metering credit value and property tax savings based on your system size and location. All figures are estimates only.
Nevada Solar Savings Calculator
Estimates only. Assumes ~1,600 to 1,700 kWh/kW/year production (Nevada average), 70% export rate, and Clark County 0.77% effective property tax rate on ~$3/W added value. Actual results will vary based on system design, usage, orientation, shading, and annual rate adjustments.
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