All good things must end
Dear Solar Family,
Yesterday we received a communication from NV Energy that will result in a change for all new solar projects in Nevada. The Powershift Clean Energy Incentive program funding has been fully claimed. No NV Energy rebates will be issued for applications submitted after June 5th, 2019.
All existing solar applications prior to June 5th are not impacted.
With over 1,500 installs completed, we are so proud to have been part of this program that made solar an affordable option for homeowners and businesses all over Nevada.
Although this is a surprising turn of events, there are some real benefits to future solar customers.
- The new application process for Net Metering is much smoother. We expect systems to turn on approximately 2 weeks faster.
- The federal tax credit amount received will be larger as the rebate amount is no longer deducted from the system cost.
As you refer friends and family to go solar, remember the rebate amount was always a very small factor … about 4% of the total project cost on the typical system.
Your Solar Consultant is available to answer any questions you may have.