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The U.S. Department of Energy and the North Carolina Clean Energy Technology Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in December 2014. Staff are currently working hard on the new version of DSIRE but are also maintaining the content of the current version of DSIRE. Thank you for your continued support and patience during this transition. We hope you are as excited for December as we are! The U.S. Department of Energy and the North Carolina Solar Center are excited to announce that a new, modernized DSIRE is under construction. The new version of DSIRE will offer significant improvements over the current version, including expanded data accessibility and an array of new tools for site users. The new DSIRE site will be available in the summer of 2014. Staff are currently working hard on the new DSIRE and are unfortunately only able to make minimal updates to the DSIRE website at this time. We apologize for any inconvenience and thank you for using DSIRE.

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Nevada

Nevada

Incentives/Policies for Renewables & Efficiency

Printable Version
Portfolio Energy Credits   

Last DSIRE Review: 09/04/2014
Program Overview:
State: Nevada
Incentive Type: Performance-Based Incentive
Eligible Efficiency Technologies: Unspecified Technologies
Eligible Renewable/Other Technologies: Passive Solar Space Heat, Solar Water Heat, Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Municipal Solid Waste, Waste Tires (using microwave reduction), Geothermal Hot Water District Heating Systems, Solar Pool Heating, Anaerobic Digestion, Biodiesel
Applicable Sectors: Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, Utility, State Government, Tribal Government, Agricultural, Institutional
Amount:Varies; higher value for solar PECs than other technologies
Terms:Owners of PV, wind, or hydro systems installed through NV Energy's RenewableGenerations (rebate) Program do not retain the PECs associated with their electricity generation, and thus are not eligible to trade certificates through this program.
Start Date:2/23/2006
Web Site: https://www.nvtrec.com
Authority 1:
NAC 704.8901 et seq.
Authority 2:
Date Effective:
LCB File R167-05 (Revised Regulations)
2/23/2006
Summary:
Nevada's Energy Portfolio Standard requires NV Energy to derive or save a minimum percentage of the electricity it sells from renewable energy resources or energy efficiency measures. Included in the standard is a Portfolio Energy Credit (PEC) trading program.

Beginning January 1, 2003, Nevada's renewable energy producers can earn PECs, which can then be sold to utilities that are required to meet Nevada's portfolio standard. One PEC represents one kilowatt-hour (kWh) of electricity generated, with the exception of the multipliers described below.
 
Each kWh generated by a photovoltaic (PV) system installed on the premises of a retail customer will be credited with 2.4 PECs. This multiplier will end for new solar systems installed after December 31, 2015, but will continue for existing net metered solar PV systems. Customer-maintained distributed renewable energy systems receive a 0.05 adder for each kilowatt-hour generated. For example, a distributed PV system that is also customer-maintained would be credited 2.45 for each kilowatt-hour generated. Energy efficiency resources receive a multiplier of 1.05, and a multiplier of 2.0 if they save electricity during periods of peak utility load. Solar thermal energy systems are credited with 1 kilowatt-hour of electricity for each 3,412 British thermal units of heat generated. Finally, each kilowatt-hour of electricity generated by eligible waste tire facilities is credited at 0.7.
 
In order to participate, owners of renewable energy systems must contact the Public Utilities Commission of Nevada (PUCN) to register their system. A very simple application form is available on the PUCN web site. The value of a PEC is market-driven.

Owners of PV, wind, or hydro systems installed through NV Energy's RenewableGenerations (rebate) Program do not retain the PECs associated with their electricity generation, and thus are not eligible to trade certificates through this program.

 
Contact:
  Darci Dalessio
Public Utilities Commission of Nevada
PEC Administrator
Carson City, NV 89701
Phone 2: (775) 684-6171
E-Mail: dalessio@puc.nv.gov
Web Site: http://www.puc.nv.gov
 
  Mark Harris
Public Utilities Commission of Nevada
Engineering Division
1150 E. William Street
Carson City, NV 89701
Phone: (775) 684-6165
Fax: (775) 684-6120
E-Mail: mpharris@puc.nv.gov
Web Site: http://pucweb1.state.nv.us/PUCN/
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2013 - 2014 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.