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Nevada Energy Portfolio Standard (Energy Efficiency Component)

Date Last Updated11/26/2012
Policy TypePortfolio Standard
State/FederalNV
Policy Administrator/Contact OfficePublic Utilities Commission of Nevada
Policy Initiation Date1/1/1997
Policy SummaryNevada's energy efficiency targets, which apply to certain types of CHP, are administered as part of the State's Energy Portfolio Standard (EPS). The EPS requires energy providers to set a target of 25% renewable energy resources by 2025; energy efficiency may contribute up to a quarter of the total standard in a given year. Energy providers may buy and sell credits in order to meet energy portfolio requirements. Portfolio Energy Credits are used for compliance and energy efficiency gets a credit multiplier of 1.05 (i.e., number of credits = number of kWh saved x 1.05).
CHP Eligibility RequirementsAll types of CHP or waste heat-to-power systems installed on or after January 1, 2005 qualify under the energy efficiency portion of Nevada's EPS.
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required/
Other Performance Requirements
Does Not Specify
Resource Website(s) http://www.leg.state.nv.us/nrs/NRS-704.html#NRS704Sec7801 exit EPA

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