*As of June 2022, this program has been discontinued
What is LISEP?
LISEP is a joint effort of NV Energy and the Nevada Governor's Office of Energy (GOE) that offers incentives for solar photovoltaic (PV) systems that serve low income populations. The program was originally created in 2013 as a pilot program through Assembly Bill 428 and was made permanent with Senate Bill 145 in 2017. GOE began participation in the program during 2015 with funds from the Renewable Energy Account.
Does Your Business Qualify for LISEP?
There are two categories of businesses that qualify for LISEP:
- Other Entity - Businesses that serve a significant population of low income individuals. Examples include homeless shelters, food banks, and low-income health clinics.
- Low Income Housing - Low income housing and multi-family housing that qualifies for the Federal Low Income Housing Tax Credits (LIHTC)
Available Incentives
Available Incentives July 1, 2021 - June 30, 2022
available incentives July 1, 2021-June 30, 2022
|
Southern Nevada Low Income Housing |
Other Entity |
Low Income Housing |
Other Entity |
NV Energy |
$250,000 |
$250,000 |
$250,000 |
$250,000 |
GOE |
$50,000 |
$50,000 |
$50,000 |
$50,000 |
TOTAL |
$300,000 |
$300,000 |
$300,000 |
$300,000 |
Incentive Rates
Incentive Rates
|
Low Income Housing |
Other Entity |
Low Income Housing |
Other Entity |
NV Energy |
$2.00/Watt |
$2.00/Watt |
$2.00/Watt |
$2.00/Watt |
GOE |
$0.20/Watt |
$0.50/Watt |
$0.20/Watt |
$0.50/Watt |
TOTAL |
$2.20/Watt |
$2.50/Watt |
$2.20/Watt |
$2.50/Watt |