NRS701B.840. Regulations. [Effective through December 31, 2013.]

  The Commission shall adopt regulations that establish:

      1.  The capacity goals for the Program, which must be designed to meet the goal of the Legislature of the installation of not less than 5 megawatts of waterpower energy systems in this State by 2016 and the goals for each category of the Program. The regulations must provide that not less than 1 megawatt of capacity must be set aside for the installation of waterpower energy systems with a nameplate capacity of 100 kilowatts or less.

      2.  A system of incentives that are based on rebates that decline as the capacity goals for the Program and the goals for each category of the Program are met. The rebates must be based on predicted energy savings.

      3.  The procedure for claiming incentives, including, without limitation, the form and content of the incentive claim form.

      (Added to NRS by 2007, 2997; A 2009, 1388; 2011, 1940, 1944, 2562, 2563; 2013, 3346, 3347, 3818)