NV Energy increases wind energy rebate incentives

AP News
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Posted: Dec 02, 2009 2:45 PM

NV Energy Inc. has increased incentives to encourage development of residential and business wind energy projects.

Residential customers can now earn rebates for up to 60 kilowatts of wind-generated power to help offset the cost of installation. That's double the previous incentive.

Residential, small business and agriculture customers can receive $2.50 per watt for the first 10 kilowatts generated, and $1.50 per watt for all watts over the first 10 kilowatts.

The incentive cap is 250 kilowatts for small businesses and 500 kilowatts for agricultural customers.

NV Energy introduced the WindGenerations program in August 2008. Since then, the company says 25 projects generating 72 kilowatts have been completed, with another 67 applications pending.