Section 701.685 - Evaluation and prioritization of applications submitted by qualified applicants: Criteria; approval by Interim Finance Committee1. The Director will evaluate and prioritize the applications submitted by qualified applicants based on the following criteria: (a) Viability of the qualified applicant's project ;(b) The need for a qualified applicant's project, as established by the qualified applicant or the State, in order to further the State's energy conservation goals and promote the continued development of renewable energy in the State;(c) Renewable energy generation, energy saved, efficiency increased or renewable energy system components manufactured relative to the cost of the qualified applicant's project;(d) Reduction of the use of fossil fuels and the emission of greenhouse gases relative to the cost of the qualified applicant's project; and (e) Readiness of the qualified applicant's project to proceed, the quality of the management of the project and the expected duration of the project.2. The Director will give preference to larger energy conservation projects, larger energy efficiency projects and larger renewable energy systems.3. The Director will request approval from the Interim Finance Committee to make [loans] grants of money from the Account. Upon approval by the Interim Finance Committee, the Director will post a list of the qualified applicants on the Internet website of the Office of Energy at http://energy.nv.gov.Nev. Admin. Code § 701.685
Added to NAC by Office of Energy by R161-09, eff. 6-30-2010; A by R063-11, 2-15-2012; A by R157-20A, eff. 4/11/2022