Nev. Admin. Code § 704.8908 - "Portfolio energy credit" defined

"Portfolio energy credit" means a unit of credit which:

1. Equals 1 kilowatt-hour of electricity generated or saved by a portfolio energy system or efficiency measure.

2. For a solar facility that reduces the consumption of electricity by the generation of solar energy, equals the amount of consumption of electricity or any fossil fuel that is reduced at the facility by the operation of the solar facility.

3. For a net metering system, equals the amount of metered electricity generated by the system or, if the system does not use a meter to measure the kilowatt-hours of electricity generated by the system, equals the estimate of the electricity generated by the system in the manner prescribed in subsection 10 of NAC 704.8927.

Notes

Nev. Admin. Code § 704.8908

Added to NAC by Pub. Utilities Comm'n by R115-03, eff. 2-18-2004; A by R210-03, 5-21-2004; R210-03, 5-21-2004; R167-05, 2-23-2006, eff. 7-1-2010; R104-07, 1-30-2008, eff. 7-1-2010

NRS 703.025, 704.210, 704.7821, 704.7828