Nevada § 701B.870 Issuance of portfolio energy credits. [Effective through December 31, 2025.]

Nevada Statutes

§ 701B.870 — Issuance of portfolio energy credits. [Effective through December 31, 2025.]

Nevada § 701B.870

Title 58ENERGY; PUBLIC UTILITIES AND SIMILAR ENTITIES

Ch. 701BRenewable

Administration of Program

This text of Nevada § 701B.870 (Issuance of portfolio energy credits. [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.870 (2026).

Text

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.

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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.