Nev. Rev. Stat. § 704.7823

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 704.7823 - System that draws or creates electricity from tires deemed not to be renewable energy system; exception; calculation of electricity generated or acquired from certain systems that utilize reverse polymerization process
1. Except as otherwise provided in subsection 2, any electricity generated by a provider using any system that involves drawing or creating electricity from tires must be deemed to have not come from a renewable energy system for the purpose of complying with a portfolio standard established pursuant to NRS 704.7821 or 704.78213.
2. For the purpose of complying with a portfolio standard established pursuant to NRS 704.7821 or 704.78213, a provider shall be deemed to have generated or acquired 0.7 kilowatt-hours of electricity from a renewable energy system for each 1.0 kilowatt-hour of actual electricity generated or acquired from a system that utilizes a reverse polymerization process, if:
(a) The system is installed on the premises of a retail customer; and
(b) On an annual basis, at least 50 percent of the electricity generated by the system is utilized by the retail customer on that premises.
3. As used in this section:
(a) "Reverse polymerization process" means a process that generates electricity from a tire that:
(1) Uses microwave reduction; and
(2) Does not involve combustion of the tire.
(b) "Tire" includes any tire for any vehicle or device in, upon or by which any person or property is or may be transported or drawn upon land.

NRS 704.7823

Added to NRS by 2003, 805; A 2009, 999
Added to NRS by 2003, 805; A 2009, 999