Renewable Energy Systems Property Tax Exemption

This Nevada exemption is aimed at commercial, industrial, and agricultural property, so it generally doesn't apply to a typical home. If you own an eligible business or farm building, a qualifying solar, wind, geothermal, solid waste, or hydroelectric system is exempt from property taxes. Check with your county assessor or the Nevada Department of Taxation for how to claim it.

Customers with commercial, industrial, or agricultural properties can avoid property taxes on qualifying renewable systems, which improves project economics. Eligible systems include solar, wind, geothermal, solid waste, and hydroelectric equipment that heats or cools a building or its water, or generates electricity the building uses. A system on one or more buildings can also supply adjacent buildings or an agricultural irrigation system, but the exemption can't be claimed if the same building receives another state tax abatement or exemption.

This is a property tax exemption for renewable energy systems serving commercial or industrial buildings or irrigation systems, with no direct funding or rebate component. It covers solar, wind, geothermal, solid waste, and hydroelectric systems used for heating, cooling, water heating, or on-site electricity generation, and S.B. 426 of 2011 extended eligibility to systems supplying adjacent buildings or agricultural irrigation. The exemption applies for all years after installation and is not available to a building already claiming another state tax abatement or exemption.