Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
ELECTRIC SERVICE
System of Portfolio Energy Credits
Section 704.8938 - Participation in alternate system by certain categories of portfolio energy systems: Authority of Regulatory Operations Staff to file petition; order by Commission; compliance with requirements set forth in order

Universal Citation: NV Admin Code 704.8938

Current through September 16, 2024

1. The Regulatory Operations Staff may file a petition pursuant to NAC 703.540 requesting an order requiring one or more categories of portfolio energy systems to participate in an alternate system of portfolio energy credits.

2. A petition filed pursuant to subsection 1 must include:

(a) A description of each category of portfolio energy systems that the Regulatory Operations Staff requests to have participate in an alternate system of portfolio energy credits;

(b) A description of the alternate system of portfolio energy credits that the Regulatory Operations Staff proposes for each category of portfolio energy systems;

(c) A statement of why each category of portfolio energy systems should be required to participate in an alternate system of portfolio energy credits;

(d) A statement setting forth both the adverse and beneficial effects of transitioning the applicable category of portfolio energy systems to an alternate system of portfolio energy credits; and

(e) Any other information that the Regulatory Operations Staff determines to be of assistance to the Commission in considering the petition.

3. The Commission will issue an order requiring a category of portfolio energy systems to participate in an alternate system of portfolio energy credits if the Commission finds that:

(a) The alternate system of portfolio energy credits is capable of tracking the portfolio energy credits of the portfolio energy systems in that category in a manner that is consistent with the provisions of NRS 704.7801 to 704.7828, inclusive; and

(b) The benefits of requiring participation in the alternate system of portfolio energy credits are greater than any adverse effects of participation in such a system.

4. Notwithstanding any other provision of NAC 704.8901 to 704.8937, inclusive, if, pursuant to subsection 3, the Commission issues an order requiring a category of portfolio energy systems to participate in an alternate system of portfolio energy credits, a portfolio energy system in that category is not required to comply with any requirement related to the system of portfolio energy credits set forth in NAC 704.8901 to 704.8937, inclusive, and must comply with the requirements of the alternate system of portfolio energy credits set forth in the order of the Commission.

5. As used in this section, "alternate system of portfolio energy credits" means a system of portfolio energy credits other than the system of portfolio energy credits set forth in NAC 704.8901 to 704.8937, inclusive.

Added to NAC by Pub. Utilities Comm'n by R068-18, eff. 12-19-2018

NRS 703.025, 704.210, 704.7821, 704.7828

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