Nev. Rev. Stat. § 701B.640

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

Section 701B.640 - [Expires 12/31/2025] Issuance of portfolio energy credits

1. After a participant installs a wind energy system included in the Wind 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 wind energy system.

2. All portfolio energy credits issued for a wind energy system installed pursuant to the Wind Demonstration Program must be assigned to and become the property of the utility administering the Program.

NRS 701B.640

Added to NRS by 2007, 2996; A 2009, 992; 2011, 2562, 2563; 2013, 3346, 3347

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, 2996; A 2009, 992; 2011, 2562, 2563