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Also in 2003, per AB 296, in complying with a portfolio standard, each 1 kWh of electricity generated from solar photovoltaics counts as 2.4 kWh, if the electricity is generated on the premises of a retail customer who uses at least 50% of the electricity. Customer generators are billed monthly except in situations in which the customer and the utility agree on annual billing. Net excess generation is credited to the utility and is considered renewable energy that the utility has generated to fulfill its renewable energy portfolio. Utilities are required to supply a two-way meter to measure flow in both directions, and utilities are prohibited from adding any additional charges to the bills of those customers participating in net metering. Furthermore, utilities cannot place any additional standards or requirements on customer generators beyond those requirements established by the National Electric Code (NEC), Underwriters Laboratories (UL), and the Institute of Electrical and Electronic Engineers (IEEE). Renewables Portfolio Standard As part of its 1997 restructuring legislation, the Nevada legislature established an RPS. Under the standard, the state's two investor-owned utilities, Nevada Power and Sierra Pacific Power, must derive a minimum percentage of the total electricity they sell from renewable energy resources. In 2001, the legislature revised the minimum amounts to increase by 2% every 2 years, starting with a 5% renewable energy requirement in 2003 and achieving a 15% requirement by 2013 and each year thereafter. Not less than 5% of the renewable energy must be generated from solar renewable energy systems. North Carolina Production Incentives Green Tag Purchase Program Eligible Technologies: Solar Thermal Electric, Photovoltaics, Wind, Biomass, Geothermal Electric, Small Hydroelectric, Renewable Fuels Amount: $1 to $100 per MWh total production; varies by technology and contract length Terms: Any size system, grid tied, new renewable (January 1, 1999, or later) Website: http://www.mainstayenergy.com/ Mainstay Energy is a private company offering customers who install, or have installed, renewable energy systems the opportunity to sell the green-tag RECs associated with the energy generated by these systems. These green tags will be brought to market as Green-e* (http://www.green-e.org/) certified products. Through the Mainstay Energy Rewards Program, participating customers receive regular, recurring payments. The amount of the payments depends on the type of renewable energy technology, the production of electricity by that system, and the length of the contract period. Mainstay offers 3-, D - 20PDF Image | Assessing the Potential for Renewable Energy on National Forest System Lands
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