Green Building Tax Abatements


The Nevada Governor's Office of Energy (GOE) administers the green building tax abatement program based on criteria set forth in the LEED or Green Globes rating system and certification from the U.S. Green Building Council (USGBC) or the Green Building Initiative (GBI). Both LEED and Green Globes rating systems provide a complete framework for assessing building performance and meeting environmental sustainable goals. They use industry recognized standards for designing, operating and certifying green building projects. The program was instituted in 2007 as an incentive for business owners to improve the energy efficiency of new and existing buildings. 

LEED or GG is designed to guide and distinguish high-performance commercial and institutional projects, including office building, high-rise residential buildings, government buildings, recreational facilities, manufacturing plants and laboratories.

LEED or GG for Existing Buildings (EB) helps building owners measure operations, improvements and maintenance with a goal of maximizing operational efficiency while minimizing environmental impacts. 

LEED or GG for Commercial Interiors (CI) is applied to tenant improvements and used for certifying high-performance green interiors.

    Program Requirements, Project Certification and Benefits

    Nevada provides a property tax abatement for new non-residential and multifamily residential green buildings, and existing buildings which are renovated to meet certain green building standards. There are four levels of certification in the LEED standard that a building can receive Certified, Silver, Gold and Platinum. 

    To qualify for the tax abatement applicants must earn a minimum number of points for energy conservation to meet the Silver Level or higher through the LEED system or 2 Green Globes or higher through the GG rating system.  LEED and GG building rating systems are based on a set of standards for the environmentally sustainable design, construction and operation of the building. The abatement amount depends on the number of points awarded for energy conservation and the term is based upon the certification level achieved for a period up to 10 years.  Existing buildings are limited to 5 years and capped at $100,000 per year. 

    For full information of Terms of Tax Abatement (NAC701A.280) Click Here.

      Statutes and Regulations

      The Green Building Tax Abatement program is authorized by NRS 701A.100-701A.110 and NAC 701A.010-701A.370.

        Rulemaking

        Supporting Documents
        Notice of Approval - LEED v4