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Nevada Energy Portfolio Standard (Energy Efficiency Component)

Date Last Updated8/15/2014
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 2013 and 2014; can be used to meet 20% of the requirement in 2015 through 2019; can be used to meet 10% of the requirement in 2020 through 2024; and can be used to meet 0% of the requirement in 2025-on. 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). For electricity saved during peak periods as a result of efficiency measures, the credit multiplier is increased to 2.0. To qualify as portfolio energy credits, efficiency measures must be: (1) implemented after January 1, 2005; (2) sited or implemented at a retail customer?s location; and (3) partially or fully subsidized by the electric utility. The measure must also reduce the customer?s energy demand (as opposed to shifting demand to off-peak hours).
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)

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