On October 9, 2002, the Public Utilities Commission of Nevada approved Nevada Power's Amendment to their Demand Side Plan. This plan included 23 different energy education and traditional demand side programs ranging from low income weatherization support to second refrigerator collection. One of these 23 pilot programs was a $3 per watt incentive for residential customers installing solar photovoltaic systems on their homes. In January of 2004, this was increased to $4 per watt (thanks to supplemental funding from the Nevada State Energy Office) and is available for the first 40 Nevada Power customers that apply. As of June, 2004 just two Nevada Power customers have taken advantage of the program.. Photovoltaic equipment must be installed by a state licensed contractor and installation is subject to Nevada Power Net Metering Requirements. Nevada Power will own the Renewable Energy Credits from the electricity produced by the photovoltaic systems . The Renewable Energy Credits count towards Nevada Power's solar goals under Nevada's Renewable Portfolio Standards.
|Incentive Type:||Rebate Program|
|Administrator:||Nevada Power Company|
|Eligible Renewable/Other Technologies:||
|Incentive Amount:||$4/Watt up to $4000|
|Maximum Incentive:||First 40 residential customers installing systems|
|Eligible System Size:||Nevada Power owns the Renewable Energy Credits associated with these systems. These credits go towards meeting the state's Renewables Portfolio Standard.|
|Organization:||Nevada Power Company|
6226 West Sahara Avenue
Las Vegas NV 89151
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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