NEVADA STATE INCENTIVES

NV Energy's PowerShift program offers rebates to commercial customers, including multifamily property owners, for upgrading exterior lighting to energy-efficient LED fixtures. Eligible upgrades encompass pole lights, wall packs, floodlights, and canopy lights. For instance, replacing a 400W metal halide parking lot pole with a 103W LED fixture can yield significant energy savings and qualify for an incentive of up to $880 per fixture . These incentives aim to reduce energy consumption and lower utility bills.

NV Energy also provides instant discounts on qualifying energy-efficient lighting products for commercial customers through its Business Energy Services Instant Discount Program. This initiative allows multifamily property owners to receive immediate price reductions at the point of sale for eligible lighting equipment, facilitating cost-effective upgrades to energy-efficient solutions

The Nevada Governor's Office of Energy is developing programs funded by the federal Inflation Reduction Act to offer rebates for energy efficiency improvements in residential and multifamily properties. These programs will provide financial incentives for upgrades that enhance energy efficiency, including lighting improvements. While specific details are forthcoming, the initiative aims to reduce energy costs and promote sustainable practices across the state

The Nevada Clean Energy Fund offers financial and technical assistance to multifamily housing developers and property owners for implementing clean energy measures. While not limited to lighting, the fund supports projects that enhance energy efficiency, such as improved insulation, efficient heating and cooling systems, and solar installations. These initiatives contribute to reduced energy costs and improved property value