US Geothermal (HTM)

[tis]

The following schedule is currently in effect:

6% renewables/efficiency in 2005 and 2006
9% renewables/efficiency in 2007 and 2008
12% renewables/efficiency in 2009 and 2010
15% renewables/efficiency in 2011 and 2012
18% renewables/efficiency in 2013 and 2014
20% renewables/efficiency in 2015 through 2019
22% renewables/efficiency in 2020 through 2024
25% renewables/efficiency in 2025 and thereafter

350 Megawatt Requirement (NV Energy)
Senate Bill 123 (2013) requires NV Energy to retire 800 megawatts (MW) of coal-fired electric generating plants, in phases, by December 31, 2019. To offset these retirements, the legislation requires the utility to purchase, construct, or aquire 900 MW of power, in phases, from cleaner facilities. Of this total, 350 MW must come from new renewable energy facilities. By the end of years 2014, 2015, and 2016, the utility must issue a request for proposals for 100 MW of generating capacity from new renewable energy facilities. The final 50 MW of generating capacity from new renewable energy facilities must be owned and operated by the utility and construction must be completed by December 31, 2021. These requirements are separate from the 25% requirement under the RPS, and the PECs associated with these projects can be used to comply with the RPS.

Last DSIRE Review: 09/04/2014

http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=NV01R