Tax Credits, Rebates & Savings
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...
Eligibility: Commercial, Industrial, Investor-Owned Utility, Local Government, Nonprofit, Municipal Utilities, Residential, Cooperative Utilities, Schools, State Government, Federal Government, Tribal Government, Agricultural, Institutional
Savings Category: Solar - Passive, Solar Water Heat, Solar Space Heat, Geothermal Electric, Solar Thermal Electric, Solar Thermal Process Heat, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Municipal Solid Waste, Landfill Gas, Solar Pool Heating, Yes; specific technologies not identified, Wind (Small), Anaerobic Digestion
The Legislature did not appropriate Renewable Energy Fund(REF) for any of the projects recommended in year 2016 and 2017, due to State’s fiscal challenges. Instead, the list of projects that was...
Eligibility: Investor-Owned Utility, Local Government, Municipal Utilities, Cooperative Utilities, Schools, State Government, Tribal Government, Retail Supplier
Savings Category: Solar Water Heat, Geothermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Geothermal Heat Pumps, Combined Heat & Power, Fuel Cells using Non-Renewable Fuels, Landfill Gas, Tidal, Wave, Geothermal Direct-Use, Anaerobic Digestion, Fuel Cells using Renewable Fuels