Nevada Revised Statutes 701B.640 – Issuance of portfolio energy credits. [Effective through December 31, 2025.]
Current as of: 2023 | Check for updates
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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.
Terms Used In Nevada Revised Statutes 701B.640
- Wind energy system: has the meaning ascribed to it in Nevada Revised Statutes 701B.003
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.