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Net metering with NV Energy

  • Rooftop systems of 25 kW or less installed on or after June 15, 2017 fall under NV Energy's NMR-405 rate. New installations are in Tranche 4, which credits net excess energy at 75 percent of NV Energy's then-effective retail rate. Credits can't be applied to the basic service charge and can't be cashed out. Source: https://www.nvenergy.com/publish/content/dam/nvenergy/brochures_arch/save-with-powershift/solar/Solar-FAQ.pdf (accessed 2026-10-20)
  • NMR-405 Tier 4 is the default net metering rate for newly installed systems of 25 kW or less. Source: https://www.nvenergy.com/publish/content/dam/nvenergy/brochures_arch/cleanenergy/handbooks/SolarGenerations-Handbook.pdf (accessed 2026-10-20)
  • NV Energy's southern Nevada NMR-405 schedule credits excess energy at a percentage of the Price of Electricity: 95%, 88%, 81% or 75% depending on the customer's tranche. Source: https://www.nvenergy.com/publish/content/dam/nvenergy/brochures_arch/about-nvenergy/rates-regulatory/electric-schedules-south/NMR-405_South.pdf (accessed 2026-10-20)

A note on the federal tax credit

The federal residential clean energy credit (25D) doesn't apply to expenditures made after December 31, 2025. The IRS treats an expenditure as made when installation is completed. Source: https://www.irs.gov/newsroom/faqs-for-modification-of-sections-25c-25d-25e-30c-30d-45l-45w-and-179d-under-public-law-119-21-139-stat-72-july-4-2025-commonly-known-as-the-one-big-beautiful-bill-obbb (accessed 2026-10-20). This page isn't tax advice.

Questions to ask

  1. Does your estimate apply the 75 percent credit only to net excess energy?
  2. How large a system do you recommend relative to my usage, given that credits can't be cashed out?

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