Changes Made to NV Energy Small Wind Program

NV Energy recently increased the financial incentives for its WindGenerations program, encouraging Nevadans to install wind turbines at their homes and businesses. By doubling the cap on the total amount of kilowatts that can qualify them for financial incentives, NV Energy residential customers could earn rebates for a maximum of 60 kilowatts (kW) of wind-generated power.
 
"As the wind portion of our RenewableGenerations program begins to pick up speed, we are raising these caps on incentives to continue to support the industry and the needs of our customers," said John Hargrove, project manager for energy efficiency and conservation at NV Energy. "We hope the increase in caps will result in customers installing larger wind turbine projects. They can be very cost effective and it just makes sense to help move these types of projects along."

The kW ceiling has been raised from 30 kW to 60 kW for residential customers, to 250 kW for small businesses, and 500 kW for agricultural customers. Wind projects were previously limited to 50 kW for schools and public buildings, but the limit has been increased to 250 kW and 500 kW, respectively.

For residential, small business and agricultural customers, the incentive rate is $2.50 per watt for the first 10 kW and $1.50 per watt for all watts over the first 10 kW. The incentive rate for schools and public buildings is $3 per watt for the first 10 kW and $2 per watt for all watts over the first 10 kW. The total incentive for any project cannot exceed 60 percent of the total installed system cost.

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