Solar Savings in Reno, Nevada: How Much Can You Save?

How Much Can You Save in Reno?

Reno homeowners on NV Energy pay an average of $140/month at 11.0¢/kWh (Tier 1) and 14.0¢/kWh (Tier 2). With 5.5 peak sun hours per day, a properly sized system can offset 80-90% of your usage — cutting the average bill from $140 to ~$12/month.

What Drives Savings in Reno?

• NV Energy rate structure: At 14.0¢/kWh for Tier 2, every kWh your panels produce offsets your most expensive grid usage first — that is where the math gets compelling.
• 5.5 peak sun hours: Solid sun exposure for reliable year-round production.
• NEM 3.0 (since April 2023): Export credits are now ~retail rate, so self-consumption matters most. Size your system for your daytime usage, not maximum export.
• Rate escalation: NV Energy rates have increased 28% (2014-2024). Each year you wait, your baseline bill grows — making the solar investment more valuable in hindsight.