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TOU Rate Structure

Solar ROI for NV Energy Customers

NV Energy charges an average of $13.2¢/kWh. Peak rates reach $22.5¢/kWh with off-peak at $6.8¢/kWh, creating strong battery arbitrage value. A 7 kW solar system produces a $12,806 NPV over 25 years.

$12,985
Net System Cost
$12,806
25-Year NPV
8 years
Payback Period
$0.113/kWh
Solar LCOE

NV Energy Rate Structure

ParameterRate
Average residential rate$13.2¢/kWh
Peak rate$22.5¢/kWh
Off-peak rate$6.8¢/kWh
Peak/off-peak spread$15.7¢/kWh
Rate structureTOU
Export credit policyNet billing at 75% of retail rate

Solar System Economics

A 7 kW solar system for a NV Energy customer costs $18,550 before incentives. The 30% federal ITC saves $5,565. The net out-of-pocket cost is $12,985.

At NV Energy's $13.2¢/kWh average rate, the system saves $1,571 in year one, producing 11,900 kWh. The solar LCOE of $0.113/kWh is 14% below NV Energy's current rate.

Battery Storage for NV Energy Customers

$8,400
Battery Net Cost
$1
Daily Arbitrage
$522
Annual Arbitrage
-$3,668
25-Year Battery NPV

NV Energy's TOU spread generates $522/year in arbitrage value. The 25-year battery NPV of -$3,668 suggests batteries are marginal on economics alone. Backup power value and grid services programs may improve the case.

FAQ: Solar for NV Energy Customers

How much can NV Energy customers save with solar?
A typical 7 kW solar system saves NV Energy customers approximately $1,571/year in electricity costs. Over 25 years, the NPV of savings after system costs is $12,806.
What is NV Energy's rate structure?
NV Energy uses a time-of-use (TOU) rate structure with peak rates of $22.5¢/kWh and off-peak rates of $6.8¢/kWh. The $15.7¢/kWh peak/off-peak spread creates significant value for battery storage — TOU arbitrage alone is worth $522/year.
Does NV Energy offer net metering?
Net billing at 75% of retail rate
Should NV Energy customers add battery storage?
Battery storage for NV Energy customers has a 25-year NPV of -$3,668. The economics are marginal based on TOU savings alone, but backup power value and future grid services programs may change the equation.

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