Nevada Governor's Office of Energy

What Nevada Governor's Office of Energy does

The Nevada Governor's Office of Energy is a cabinet-level state agency within the executive branch of the State of Nevada, operating with approximately 19 employees and housed under the Office of the Governor. Its functional mandate is to develop and coordinate statewide energy policy, administer federal and state energy funding, and convene stakeholders through bodies such as the Nevada Energy Subcommittee. The agency crafts strategic plans and executive orders governing Nevada's approach to energy reliability, decarbonization, and economic development.

Its core programs include the Nevada Clean Energy Fund (NCEF), which was launched in January 2022 as a dedicated vehicle for clean energy financing and deployment; the Inflation Reduction Act Home Energy Rebates program (covering approximately $48.2M in Home Efficiency and $47.9M in Home Electrification allocations); building energy code work conducted in partnership with the National Renewable Energy Laboratory (NREL); and multi-state regional initiatives including REV WEST and ChargeWest. In February 2024, the agency contracted Innovative Emergency Management (IEM) to conduct needs assessment for rebate program administration. Executive Order 2023-007 codified the agency's overarching energy policy framework.

As a public-sector entity, the office does not operate a commercial revenue model. Its operating budget is funded by State of Nevada General Fund appropriations augmented by federal grants, while the IRA rebate allocations are pass-through funds disbursed to Nevada households and contractors rather than retained revenue. The agency's customers, in the constituent sense, are Nevada residents, businesses, contractors, and local governments participating in energy programs; politically, it serves the Governor and the Legislature as the primary executive instrument for state energy strategy.

Name

Nevada Governor's Office of Energy

Legal name

Nevada Governor's Office of Energy

Website

https://energy.nv.gov

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

The Nevada Governor's Office of Energy is a state executive-branch agency that develops statewide energy policy, administers federal energy funding including IRA Home Energy Rebates, and manages clean energy programs such as the Nevada Clean Energy Fund for Nevada residents, businesses, and local governments.

Ownership category

akta.pro rank

Product category

State Energy Programs and Incentives

NAICS

Regulation and Administration of Communications, Electric, Gas, and Other Utilities (926130), Administration of Conservation Programs (92412), Administration of Environmental Quality Programs (924)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Energy, Utilities & Natural Resources Regulators (BPAIAOAJ)

akta.pro secondary industries

Renewable Energy Infrastructure (FSAAAKAG), Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ)

Keywords

• State energy programs
• Energy policy administration
• Renewable energy incentives
• Clean energy rebates
• Federal energy funding

Headquarters

HQ city

Carson City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. State General Fund Appropriations: State government appropriations from Nevada's general fund to support GOE operations and programs
2. Federal Funding (IRA/IIJA): Federal formula grants through the Inflation Reduction Act (IRA) and Infrastructure Investment and Jobs Act (IIJA) for home energy rebates and efficiency programs. Nevada eligible for $48,200,980 for Home Efficiency Rebates and $47,920,160 for Home Electrification.

Pricing tiers

Distribution channels3 records

Marketing channels6 records

Core offering

The Nevada Governor's Office of Energy is a state government agency that administers energy incentive programs (including renewable energy tax abatement and home energy rebates), coordinates state energy policy and planning, and pursues federal energy funding on behalf of Nevada. It partners with the National Association of State Energy Officials (NASEO) and works with utilities such as NV Energy to deliver programs that incentivize renewable generation, energy efficiency, alternative fuel vehicles, and clean energy deployment across the state.

Product overview

The Nevada Governor's Office of Energy (GOE) is a state government agency, not a commercial product company. It manages a portfolio of energy programs including tax abatement programs (RETA, Green Building Tax Abatements), weatherization assistance (HEROS for seniors), solar incentives (LISEP), alternative fuel and EV infrastructure programs, and federal funding programs (Home Energy Rebates under the Inflation Reduction Act). Related entities include the Nevada Clean Energy Fund (NCEF) for clean energy financing and Property Assessed Clean Energy (PACE) for property-based financing. Programs target various sectors including residential, commercial, industrial, and low-income populations, with funding from state appropriations, federal grants, and utility partnerships.

Differentiator

Problem solved

Functional benefit

Products and services

• Renewable Energy Tax Abatement (RETA)

Named customers2 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eleven partnerships are on record, tiered minor, core and regional.

• Innovative Emergency Management, INC.minorImplementation/ SI/ Consulting Partner · 13 February 2024Vendor selected through RFP to conduct needs assessment for IRA Home Energy Rebates Programs in Nevada.
• National Association of State Energy Officials (NASEO)coreStrategic or Co-development PartnerGOE participates in NASEO associations and working groups at federal, regional, and state levels, enabling coordination on energy policy and best practices across states.
• REV WESTcoreStrategic or Co-development PartnerRegional collaboration focused on electric vehicle infrastructure and transportation electrification across western states.
• Joint Office of Energy and TransportationcoreStrategic or Co-development PartnerFederal partnership supporting transportation electrification and alternative fuel infrastructure planning and implementation.
• Nevada Division of Environmental Protection (NDEP)coreStrategic or Co-development PartnerState agency partnership for alternative fuel programs, NEH project coordination, and VW Settlement funding administration.
• Nevada Department of Transportation (NDOT)coreStrategic or Co-development PartnerPartnership for alternative fueling infrastructure planning and Transportation Electrification Plan coordination.
• West Coast Collaborative (WCC)regionalStrategic or Co-development PartnerRegional partnership supporting alternative fuel and clean transportation initiatives along the West Coast.
• ChargeWestregionalStrategic or Co-development PartnerRegional EV charging collaboration supporting charging infrastructure deployment across western states.
• Greater Nevada Clean Cities CoalitionregionalStrategic or Co-development PartnerClean Cities coalition partnership for alternative fuel programs in northern Nevada.
• Southern Nevada Clean Cities CoalitionregionalStrategic or Co-development PartnerClean Cities coalition partnership for alternative fuel programs in southern Nevada.
• NV EnergycoreStrategic or Co-development PartnerJoint effort on Lower Income Solar Energy Program (LISEP), providing combined incentives up to $2.20-$2.50/Watt for qualifying solar PV installations.

Scale indicators2 records

Recent moves8 records

Expansion highlights5 records

Regional players

• Arizona State Energy Office: Arizona's state energy office, housed within the Department of Commerce. Regional peer administering similar renewable incentive and weatherization programs in a neighboring southwestern state.
• Utah Office of Energy Development: Utah's state energy office. Regional peer in a neighboring western state administering renewable incentives, energy efficiency, and federal funding programs with similar resource and policy profiles.

Others

• National Association of State Energy Officials (NASEO): The national association of state energy officials. GOE is an active member; comparable as the industry body that convenes, advocates, and provides technical assistance to state energy offices nationwide.

Direct peers

• Colorado Energy Office: Colorado's state energy office. Direct peer as a state energy office administering renewable incentives, EV infrastructure programs, and weatherization assistance in a western state with similar regional collaborations.
• Oregon Department of Energy: Oregon's state energy department. Direct peer administering tax credits, energy facility siting, and federal funding programs in a neighboring western state with overlapping REV WEST and EV initiatives.
• California Energy Commission: California's state energy policy, planning, and funding agency. Highly comparable as a state-level energy regulator administering incentive programs, building codes, and federal pass-through funding in a large western state.
• Washington State Department of Commerce – Energy: Washington's state energy office within the Department of Commerce. Comparable as a state-level energy program administrator focused on clean energy, building efficiency, and transportation electrification in a western state.
• New York State Energy Research and Development Authority (NYSERDA): New York's state energy research and development authority. Comparable as a state entity administering energy efficiency, renewable incentive, and clean energy financing programs with federal funding pass-through.
• Massachusetts Department of Energy Resources: Massachusetts's state energy office. Comparable as a state-level energy regulator and program administrator running renewable incentive, efficiency, and appliance/building standards programs.

Broad incumbents

• U.S. Department of Energy: The federal counterpart agency that funds and partners with GOE. Comparable as the broader incumbent that designs and administers the IRA, IIJA, and state energy programs that GOE deploys in Nevada.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat1 record

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/nevgoe
• YouTubeyoutube.com/channel/UCaTx51hgtL39FBT09hkM5TA
• Facebookfacebook.com/NevGOE
• LinkedInlinkedin.com/company/nevgoe

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nevada Governor's Office of Energy