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Current as of January 01, 2025 | Updated by Findlaw Staff
“Portfolio energy system or efficiency measure” means:
1. Any renewable energy system:
(a) Placed into operation before July 1, 1997, if a provider of electric service used electricity generated or acquired from the renewable energy system to satisfy its portfolio standard before July 1, 2009;
(b) Placed into operation before July 1, 1997, that uses waterpower from a plant, facility, equipment or system to generate electricity, if the waterpower is acquired by the provider of electric service from another party pursuant to a contract for a term of not less than 10 years and the provider of electric service began acquiring the waterpower from the plant, facility, equipment or system before April 22, 2019; or
(c) Placed into operation on or after July 1, 1997.
2. Any energy efficiency measure installed on or before December 31, 2019.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 704.7804. “Portfolio energy system or efficiency measure” defined - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-58-energy-public-utilities-and-similar-entities/nv-rev-st-704-7804/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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