Nevada § 701B.840 Regulations: Establishment of capacity goals and incentives. [Effective through December 31, 2025.]

Nevada Statutes

§ 701B.840 — Regulations: Establishment of capacity goals and incentives. [Effective through December 31, 2025.]

Nevada § 701B.840

Title 58ENERGY; PUBLIC UTILITIES AND SIMILAR ENTITIES

Ch. 701BRenewable

Administration of Program

This text of Nevada § 701B.840 (Regulations: Establishment of capacity goals and incentives. [Effective through December 31, 2025.]) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 701B.840 (2026).

Text

The Commission shall adopt regulations that establish:

1.The capacity goals for the Program, which must provide that not less than 1 megawatt of capacity be set aside for the installation of waterpower energy systems with a nameplate capacity of 100 kilowatts or less.

2.A system of incentives for waterpower energy systems with a nameplate capacity of not more than 500 kilowatts.

3.A system of incentives that are based on rebates that decline as the capacity goals for the Program are met. The rebates must be based on predicted energy savings.

4.The procedure for claiming incentives, including, without limitation, the form and content of the incentive claim form.

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The Commission shall adopt regulations that establish:
1. The capacity goals for the Program, which must provide that not less than 1 megawatt of capacity be set aside for the installation of waterpower energy systems with a nameplate capacity of 100 kilowatts or less.
2. A system of incentives for waterpower energy systems with a nameplate capacity of not more than 500 kilowatts.
3. A system of incentives that are based on rebates that decline as the capacity goals for the Program are met. The rebates must be based on predicted energy savings.
4. The procedure for claiming incentives, including, without limitation, the form and content of the incentive claim form.