NV Energy - Energy Storage Incentive Program

June 11, 2024

Summary

THIS PROGRAM HAS EXPIRED

NV Energy is providing incentives for its customers to install energy storage systems at their homes and facilities. To be eligible, customers must either have previously installed a renewable energy system or are currently installing one alongside their energy storage system. Standalone energy storage systems are not eligible.

All incentive levels will step down over time as certain budget thresholds are met. See website for current rebate amounts.

Program Overview

Implementing Sector:	Utility
Category:	Financial Incentive
State:	Nevada
Incentive Type:	Rebate Program
Web Site:	https://www.nvenergy.com/cleanenergy/energy-storage
Administrator:	NV Energy
Start Date:
Eligible Renewable/Other Technologies:	Lithium-ion
Incentive Amount:	PROGRAM HAS EXPIRED Residential Systems Residential Systems on TOU Rate: $0.19/Wh Residential Systems on Non-TOU Rate: $0.095/Wh Commercial Systems Small Energy Storage Program - 4 kW to under 100 kW Eligible for ITC: $0.32/Wh Not eligible for ITC: $0.42/Wh Standalone Small Energy Storage Program - 4 kW to under 100 kW For Profit: $0.45/Wh Non-profit / Government: $0.55/Wh Large Energy Storage Program - 100 kW to 1,000 kW Critical Infrastructure Eligible for ITC: $0.50 Non-eligible for ITC: $0.60 Non-Critical Infrastructure Eligible for ITC: $0.40 Non-eligible for ITC: $0.50
Maximum Incentive:	Small Energy Storage Program - 4 kW to under 100 kW 50 percent of the installed system cost, or $50,000 per premise Standalone Small Energy Storage Program - 4 kW to under 100 kW 50 percent of installed system cost, or $50,000 per premise Large Energy Storage Program - 100 kW to 1,000 kW 70 percent of the installed system cost, or For non-ITC qualified: $400,000 per premise for non-critical infrastructure projects and $500,000 per premise for critical infrastructure projects
Eligible System Size:	Residential Systems: 4 kW - 100 kW capacity Commercial Systems: 4 kW - 1,000 kW capacity
Equipment Requirements:	Systems must be commercially available, UL listed and connected to a net metered system. Equipment must be new and carry the following warranties: storage device - 10 years, inverter - 7 years, labor - 2 years.
Installation Requirements:	Installers must have an active C‐2 Nevada contractor’s license

Contact

Name:	Energy Storage Incentive Program
Organization:	NV Energy
Address:
Phone:	(866) 786-3823
Email:	cleanenergy@NVEnergy.com

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.