701B.640 - Issuance of portfolio energy credits. [Effective through June 30, 2011.]
701B.640 Issuance of portfolio energy credits. [Effective through June 30, 2011.]
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.
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.
(Added to NRS by 2007, 2996; A 2009, 992)
NRS 701B.650 Participation in net metering. [Effective through June 30, 2011.] If a wind energy system used by a participant in the Wind Demonstration Program meets the requirements of NRS 704.766 to 704.775, inclusive, the participant is entitled to participate in net metering pursuant to the provisions of NRS 704.766 to 704.775, inclusive.
(Added to NRS by 2007, 2996)