Solar & Battery Regulation & Incentive Programs

Renewable Energy Systems Property Tax Exemption

Program Overview


Category:
Financial Incentive
Program Type:
Property Tax Incentive
Implementing Sector:
State
State:
Nevada
Eligible Storage Technologies:
Solar - Passive, Solar Water Heat, Solar Space Heat, Geothermal Electric, Solar Photovoltaics, Wind (All), Hydroelectric, Geothermal Heat Pumps, Municipal Solid Waste, Wind (Small), Hydroelectric (Small), Geothermal Direct-Use
Incentive Amount:
100%
Maximum Incentive:
None
Administrator:
NV Department of Taxation
Applicable Sectors:
Commercial, Industrial, Agricultural
Start Date:
07/01/1983
Last Updated:
07/13/2020

Summary

Renewable energy systems which serve a commercial or industrial building or irrigation system are exempt from property taxes. Qualified equipment includes solar, wind, geothermal, solid waste and hydroelectric systems used to heat or cool a building, heat or cool water used by a building, or generate electricity used by the building. S.B. 426 of 2011 clarified that a system installed on one or more buildings and supplying energy to adjacent buildings or an irrigation system in an agricultural operation is eligible for the exemption.  This exemption applies for all years following installation.

The renewable energy property tax exemption cannot be claimed if another state tax abatement or exemption is claimed by the same building.


Authorities

NameEnacted DateEffective DateExpired Date
NRS § 701A.20019757/1/1983
NAC § 361.052