NV Energy: how it credits the solar power you send to the grid
75% of the retail rate for every kWh exported, locked for 20 years. Credits rise when retail rates rise.
Checked November 12, 2026. Utilities change these rules; check the current tariff before you sign.
How it works
Exported power earns roughly 75% of the retail price on average.
NV Energy is in the last tier of Nevada's net metering law: each exported kWh earns three quarters of the retail energy price at the time.
Because the credit is a percentage, not a fixed number of cents, it keeps pace with rate increases.
What it means for a typical Nevada home
An average Nevada home uses about 10,416 kWh a year. A 5.5 kW system costs about $14,135 at the 2026 median price and makes about 9,642 kWh in its first year, of which we assume about 5,785 kWh goes out to the grid because no one is home to use it.
| First-year savings | Payback | 25-year savings, after the price | |
|---|---|---|---|
| With NV Energy's credit | $1,087 | 14 years | $17,992 |
| If every exported kWh earned the full price | $1,278 | 11 years | $24,125 |
The difference, about $6,133 over 25 years, is what NV Energy's rules cost a typical system compared with full net metering. Using more of the power at home, while the sun is up, closes some of that gap. Uses Nevada's average electricity price; NV Energy's own prices may be higher or lower. Paid in cash, no federal credit, prices rising 2.5% a year, one inverter replacement.
Utilities in neighboring states
| Utility | State | Exported power | Credit |
|---|---|---|---|
| NV Energy | Nevada | Reduced credit (net billing) | About 75% of retail |
| PG&E | California | Reduced credit (net billing) | 4.9¢ |
| Southern California Edison (SCE) | California | Reduced credit (net billing) | 6.6¢ |
| SDG&E | California | Reduced credit (net billing) | 3.7¢ |
| LADWP | California | Full credit (net metering) | Full retail |
| SMUD | California | Reduced credit (net billing) | 9.6¢ |
| Arizona Public Service (APS) | Arizona | Reduced credit (net billing) | 6.17¢ |
| Tucson Electric Power (TEP) | Arizona | Reduced credit (net billing) | 5.1¢ |
| Salt River Project (SRP) | Arizona | Reduced credit (net billing) | 3.45¢ |
| Portland General Electric | Oregon | Full credit (net metering) | Full retail |
| Rocky Mountain Power (Utah) | Utah | Reduced credit (net billing) | 4.3¢ (est.) |
| Idaho Power | Idaho | Reduced credit (net billing) | 4¢ (est.) |
All 55 utilities · Solar in Nevada · Lease and PPA terms by company
Sources: Public Utilities Commission of Nevada: net metering tiers; U.S. Energy Information Administration (EIA), final 2025 data: Annual State Historical Spreadsheets (Form EIA-861, released October 7, 2026) and Electric Power Annual (October 21, 2026); EnergySage: median quoted price, first half of 2026.