Renewable Energy Tax Abatement (RETA) Program
The Governor’s Office of Energy (GOE) launched the Renewable Energy Tax Abatement (RETA) program in July 2009. The program awards partial sales and use tax and partial property-tax abatements to eligible renewable energy facilities. GOE staff reviews the abatement applications, conducts public hearings to determine eligibility and reviews annual compliance audits after abatements have been granted. Regulations for the program were adopted in 2010, and GOE has approved 63 tax abatement applications to date, including large scale solar PV, solar thermal, biomass, geothermal, and wind projects throughout the state.
NZero
The State of Nevada has contracted with NZero, an AI-powered data and decarbonization platform to automate collection of usage, cost and emissions data, and provide advanced analytical tools. NZero will help identify areas where the State can invest to make operations more efficient and enables data-driven decision making for cost and emissions reductions, strategic planning and capital investments. NZero allows state agencies to measure energy, water usage and Greenhouse Gas (GHG) emissions for state-owned buildings, and it provides insights and opportunities for energy efficiency and cost savings.