Nev. Rev. Stat. § 701B.870

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 701B.870 - [Expires 12/31/2025] Issuance of portfolio energy credits

1. After a participant installs a waterpower energy system included in the Waterpower Demonstration Program, the Commission shall issue portfolio energy credits for use within the system of portfolio energy credits adopted by the Commission pursuant to NRS 704.7821 and 704.78213 equal to the actual or estimated kilowatt-hour production of the waterpower energy system of the participant.

2. All portfolio energy credits issued for a waterpower energy system installed pursuant to the Waterpower Demonstration Program are assigned to and become the property of the utility administering the Program.

NRS 701B.870

Added to NRS by 2007, 2998; A 2009, 992; 2011, 1944, 2562, 2563; 2013, 3346, 3347, 3818

Amended by 2013, Ch. 510,§25.7, eff. 6/11/2013.

Amended by 2013, Ch. 510,§25.6, eff. 6/11/2013.

Added to NRS by 2007, 2998; A 2009, 992; 2011, 1944, 2562, 2563