704.78215 - Calculation of portfolio energy credits.
704.78215 Calculation of portfolio energy credits.
1. Except as otherwise provided in this section or by specific statute, a provider is entitled to one portfolio energy credit for each kilowatt-hour of electricity that the provider generates, acquires or saves from a portfolio energy system or efficiency measure.
2. The Commission may adopt regulations that give a provider more than one portfolio energy credit for each kilowatt-hour of electricity saved by the provider during its peak load period from energy efficiency measures.
(Added to NRS by 2005, 22nd Special Session, 80)