Renewable Energy Systems Property Tax Exemption (Nevada)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Renewable Energy Systems Property Tax Exemption|
|Incentive Type||Property Tax Incentive|
|Applicable Sector||Commercial, Industrial, Agricultural|
|Eligible Technologies||Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Photovoltaics, Wind, Hydroelectric, Geothermal Electric, Geothermal Heat Pumps, Municipal Solid Waste, Small Hydroelectric|
|Energy Category||Renewable Energy Incentive Programs|
|Program Administrator||NV Department of Taxation|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
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. SB 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.
|Contact Name||Information Specialist - Dept. of Taxation|
|Department||NV Department of Taxation|
|Address||1550 E. College Parkway, Suite 115|
|Place||Carson City, Nevada|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||NRS § 701A.200|
|Authority 2:||NAC § 361.052|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.