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Is Solar Worth It in Nevada? 2026 Rates & Payback

Is solar worth it in Nevada?

Less attractive

At 12.8¢/kWh, payback in Nevada takes about 13.4 years, so the financial case is weaker here.

Electricity here is 34% cheaper than the national average (~19.3¢/kWh).

Rates in Nevada rose 16% from 2020 to 2025. If prices rise 3% a year, payback drops to about 11.4 years. Try other scenarios ↓

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Estimates only. Actual results depend on your home, installer and local rules. Learn more: Is solar worth it in 2026? · What if electricity prices rise?

Residential rate

12.8¢

per kWh

Est. monthly bill

$115

at 900 kWh/mo

Solar payback

13.4

years

At 12.8¢/kWh, a home using 900 kWh a month pays about $115. A 6 kW rooftop system here produces roughly 10,500 kWh a year. At $3.00/W ($18,000, before incentives), the savings would pay off the system in about 13.4 years.

Estimate your savings

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Estimate based on average system size and current rates. Actual results vary.

What if electricity prices rise?

Many states have seen rates rise faster than 3% in recent years.

Estimated payback

11.4 yrs

Savings over 10 years

$15,371

Savings over 25 years

$48,886

Do nothing: over 25 years you'd pay about $48,886 for the electricity a 6 kW system would otherwise produce — money that stays with the utility instead of paying off your panels.

Estimates only. Actual results depend on your home, installer and local rules.

Electricity rate trend

From 2020 to 2025, the average residential rate went from 11.3¢ to 13.2¢/kWh — +16% in 5 years.

If rates continue at a similar pace, solar payback shortens further.

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Electricity price trend

Electricity in Nevada went up 3% since 2015 (about 0.3% per year).

Average residential price, ¢/kWh (EIA yearly data).

25-year savings, flat prices

$33,521

If prices keep rising like they have

$34,763

For a 6 kW system. Yearly price rise capped at 5% in this estimate. Future prices are not guaranteed.

Major utilities & net metering

NV Energy

Time-of-use plans are common: power costs most in late afternoon and evening.

Net metering: Reduced export credit — exported power earns less than retail, so self-use and batteries matter more.

General guide — check your utility for current rates.

Solar installers in Nevada

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SunWise Energy (example)

Featured Partner

Sacramento, CA · 14 yrs in business · NABCEP certified

Solar · Batteries · EV chargers

Serves: CA, NV, AZ

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Is your roof solar-ready?

Describe your roof and get a personalized explanation based on Nevada's rates and sunshine.

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Data based on EIA and NREL PVWatts (rates for 2026-07). Some figures are sample estimates because a data service was unavailable.