Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
ELECTRIC SERVICE
System of Portfolio Energy Credits
Section 704.8933 - Transfer of credits; monthly statement of account

Universal Citation: NV Admin Code 704.8933

Current through September 16, 2024

1. Upon receipt of a joint request for the transfer of a portfolio energy credit from the owner of a portfolio energy credit and the proposed purchaser of the portfolio energy credit, the Administrator shall transfer the portfolio energy credit from the account of the owner to the account specified in the request, unless the credit cannot be transferred. The Administrator shall send a notice of the transfer of the portfolio energy credit to the electronic mail addresses of the owner and purchaser within 5 business days after the portfolio energy credit is transferred.

2. If a portfolio energy credit cannot be transferred, the Administrator shall, within 15 days after receiving the request for the transfer of a portfolio energy credit, notify the owner of the credit and the proposed purchaser, in writing, of the reason why the credit cannot be transferred.

3. The Administrator shall, each month, send by regular mail or electronic mail to each participant in the system of portfolio energy credits a statement of his or her account.

Added to NAC by Pub. Utilities Comm'n by R115-03, eff. 2-18-2004; A by R167-05, 2-23-2006; R107-07, 12-4-2007

NRS 703.025, 704.210, 704.7821, 704.7828

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