The 2019 Legislative Session concluded with the passage of a
series of new laws affecting Nevada's electricity providers and
their customers. The proponents of these new laws promise that they
will move Nevada toward a clean energy and low carbon fu¬ture,
and will result in a stronger and more diversified economy. Below
is a summary of three important energy bills signed into law by
Governor Sisolak in 2019.
SB 358: Increase in Nevada's Renewable Portfolio
Standard
providers to have a certain percentage of their energy
sup¬ply come from renewable energy sources such as biomass,
geothermal, wind, hydropower and solar. Electricity providers meet
the RPS by gaining Portfolio Energy Credits ("PEC's")
for their production or purchase of renewable energy, and excess
PEC's can be sold to other entities required to meet the RPS.
Prior to the passage of SB 358, all Nevada electricity providers
were required to have at least 20 percent of their energy supply
come from
