Renewable Portfolio Standard -- Nevada

On June 7, 2005, the Governor of Nevada signed into law Assembly Bill 3, expanding Nevadas previous Renewable Portfolio Standard (RPS) (originally established in 1997). The updated standard requires that 20% of the states electricity come from renewable energy sources by 2015, and for each year thereafter. Of the 20%, not less than 5% must be generated from solar renewable energy systems. Utilities can also earn credit for up to 25% of the standard through energy efficiency measures. Sources of energy that count toward the standard include biomass, fuel cells, geothermal, solar, waterpower, and wind. On June 8, 2009 an updated law was signed (law SB 395). This legislation outlines a comprehensive energy bill that contains a variety of climate-related provisions, including the extension and increase of Nevadas RPS. The new RPS (law SP 358) requires 25% of electricity to come from renewable sources by 2025 (compared to the old RPS: 20% by 2015). The new RPS also calls for 6% to come from solar resources by 2016, an increase from 5% by 2015 required by the previous RPS.

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