A state task force approved 962 applications for utility rebates on solar, wind and water power projects at residences, businesses, farms, schools and public buildings around the state, NV Energy announced Friday.
With the rebates, customers may install a total of 10.5 megawatts or million watts of renewable power projects on their premises, said John Hargrove, renewable generation program manager for NV Energy.
The utility, which formerly did business as Nevada Power Co. and Sierra Pacific Power Co., was “very happy” with the results, he said.
“We had a tremendous interest shown in the program,” he said.
It is the first time the electric company has given rebates to customers on wind and water power projects. The wind and water power rebates were required under a bill passed by the Nevada Legislature in 2007.
All seven of the water power projects are located on farms, but the Nevada Renewable Energy and Energy Conservation Task Force late Thursday also approved 68 wind turbine projects on small businesses and residences in cities and rural areas around the state.
The residential wind turbines have a typical generating capacity of 2,000 watts. The wind projects are expected to cost from $4,000 to tens of thousands of dollars, depending on their size.
Residential, farm and small-business customers may qualify for a wind power rebate of $2.50 per watt up to 10,000 watts as long as the total rebate doesn’t exceed 60 percent of eligible costs.
Residential customers with solar projects may qualify for rebates of $2.30 per watt.
Individuals installing solar and wind power projects next year may be eligible for federal income tax credits up to 30 percent of some costs.
Contact reporter John G. Edwards at email@example.com or 702-383-0420.