News Releases

Cash Incentives Available for Renewable Energy Installations

Mar 4, 2009
10:17am

 

Harnessing wind and water nets incentives for agricultural customers

Media Contact:: Faye I. Andersen, (775) 834-4822

Nevada farmers and ranchers who invest in renewable energy are now eligible for cash incentives from NV Energy, the electric utility for most of northern Nevada.

They can earn incentives through two new programs administered by the utility -- WindGenerations and HydroGenerations -- that provide agricultural electricity users incentives to offset installation costs for wind turbines and small-scale"micro"hydroelectric generating plants.

The new programs are an expansion of the company's 5-year-old SolarGenerations program which provides similar cash incentives to offset costs for photovoltaic solar panels.

NV Energy's WindGenerations incentives for all NV Energy customers using wind power and the rebates can offset up to 60 percent of the cost of the installed system.  HydroGenerations incentives for agricultural customers are paid by NV Energy according to the size of system installed.

Together these programs are called RenewableGenerations to cover solar, wind and hydro power.

NV Energy provides assistance to customers and contractors through workshops, education, outreach events and individual consultation.

"Renewable resources, such as solar, wind and hydro power, are an integral part of our energy supply strategy,"said John Hargrove, program manager for energy efficiency and conservation for NV Energy. "These projects deliver benefits on many levels: they reduce energy bills, strengthen the electric grid, help the environment and increase our energy independence by taking advantage of abundant natural energy sources right in our own backyard."

Added Hargrove,"We're fortunate in Nevada because of the strong support for renewable energy shown by the Nevada Legislature and the Public Utilities Commission of Nevada.  As a result of their efforts, Nevada has one of the nation's most progressive programs to encourage customer-installed renewable energy."

For more information about wind, hydroelectric or solar incentives, call RenewableGenerations at 1-866-786-3823; emailrenewablegenerations@nvenergy.com; or visitwww.nvenergy.com/renewablegenerations