NRS: CHAPTER 701B - RENEWABLE ENERGY PROGRAMS

[Rev. 4/15/2026 4:18:03 PM--2025]

CHAPTER 701B - RENEWABLE ENERGY PROGRAMS

GENERAL PROVISIONS

NRS 701B.003 Definitions. [Expired by limitation.]

NRS 701B.005 Minimum capacity for Solar Program; limitations on incentives paid to renewable energy programs; allocation of certain amount of incentives to benefit low-income customers; performance-based incentives; filing of combined annual plan. [Expired by limitation.]

NRS 701B.007 Applications to participate in renewable energy programs: False or misleading statements prohibited. [Expired by limitation.]

SOLAR ENERGY SYSTEMS INCENTIVE PROGRAM

General Provisions

NRS 701B.010 Applicability. [Repealed.]

NRS 701B.020 Definitions. [Repealed.]

NRS 701B.030 “Applicant” defined. [Repealed.]

NRS 701B.040 “Category” defined. [Repealed.]

NRS 701B.050 “Commission” defined. [Repealed.]

NRS 701B.055 “Distributed generation system” defined. [Repealed.]

NRS 701B.057 “Energy storage system” defined. [Expired by limitation.]

NRS 701B.070 “Owned, leased or occupied” defined. [Repealed.]

NRS 701B.080 “Participant” defined. [Repealed.]

NRS 701B.090 “Person” defined. [Repealed.]

NRS 701B.150 “Solar energy system” defined. [Repealed.]

NRS 701B.160 “Solar Program” defined. [Repealed.]

NRS 701B.180 “Utility” defined. [Repealed.]

Administration of Program

NRS 701B.190 Legislative findings and declaration. [Expired by limitation.]

NRS 701B.200 Regulations: Establishment of incentives and requirements for utility’s annual plan; recovery of costs by utility. [Repealed.]

NRS 701B.210 Regulations: Establishment of qualifications and requirements for participation; form and content of utility’s master application; process for accepting and approving applications; utility’s certification of compliance required; process for transmittal of application to Commission required. [Repealed.]

NRS 701B.220 Regulations: Establishment of incentives for participation; reporting requirements and decline over time of incentives; Commission authorized to adjust amount of incentives; continued payment of incentive. [Repealed.]

NRS 701B.223 Regulations to establish program for payment of incentives for installation of energy storage systems by customers of utility; inclusion of information concerning incentives in annual plan of utility; eligibility for incentive; review of application for incentive; limitation on amount of incentives paid. [Expired by limitation.]

NRS 701B.226 Regulations to establish program for payment of incentives for installation of energy storage systems with certain level of nameplate capacity; eligibility for incentive; limitation on amount of incentives paid. [Expired by limitation.]

NRS 701B.230 Duty of utility to file annual plan; review and approval of annual plan by Commission; recovery of costs by utility. [Repealed.]

NRS 701B.240 Creation of Solar Program; Commission required to establish categories of participation; eligibility requirements. [Repealed.]

NRS 701B.250 Application to participate; review of application by utility. [Repealed.]

NRS 701B.255 Procedure for selection and notification of participants; authorization to install and energize solar energy system; submission of incentive claim form; determination of amount and type of incentive; withdrawal of participant; forfeiture of incentive. [Repealed.]

NRS 701B.265 Installation of solar energy system deemed public work under certain circumstances. [Repealed.]

NRS 701B.280 Participation in net metering. [Repealed.]

NRS 701B.290 Issuance of portfolio energy credits. [Repealed.]

SOLAR THERMAL SYSTEMS DEMONSTRATION PROGRAM

General Provisions

NRS 701B.300 Definitions.

NRS 701B.303 “Category” defined.

NRS 701B.306 “Commission” defined.

NRS 701B.309 “Demonstration Program” defined.

NRS 701B.312 “Institution of higher education” defined.

NRS 701B.315 “Participant” defined.

NRS 701B.318 “Person” defined.

NRS 701B.321 “Public and other property” defined.

NRS 701B.324 “School property” defined.

NRS 701B.327 “Small business” defined.

NRS 701B.330 “Solar thermal system” defined.

NRS 701B.333 “Utility” defined.

Administration of Program

NRS 701B.336 Establishment of Demonstration Program; categories of participation; eligibility requirements; notification of participants; regulations.

NRS 701B.339 Recovery of costs by utility.

NRS 701B.342 Regulations: Establishment of program milestones and rebate program for participants.

NRS 701B.345 Withdrawal of participant for noncompliance; forfeiture of rebates.

RENEWABLE ENERGY SCHOOL PILOT PROGRAM

NRS 701B.350 Creation; regulations; conditions and limitations; reports.

WIND ENERGY SYSTEMS DEMONSTRATION PROGRAM

General Provisions

NRS 701B.400 Short title. [Expired by limitation.]

NRS 701B.410 Definitions. [Expired by limitation.]

NRS 701B.420 “Agricultural property” defined. [Expired by limitation.]

NRS 701B.430 “Applicant” defined. [Expired by limitation.]

NRS 701B.440 “Category” defined. [Expired by limitation.]

NRS 701B.450 “Commission” defined. [Expired by limitation.]

NRS 701B.460 “Institution of higher education” defined. [Expired by limitation.]

NRS 701B.470 “Participant” defined. [Expired by limitation.]

NRS 701B.480 “Person” defined. [Expired by limitation.]

NRS 701B.500 “Public property” defined. [Expired by limitation.]

NRS 701B.510 “School property” defined. [Expired by limitation.]

NRS 701B.520 “Small business” defined. [Expired by limitation.]

NRS 701B.540 “Utility” defined. [Expired by limitation.]

NRS 701B.550 “Wind Demonstration Program” or “Program” defined. [Expired by limitation.]

NRS 701B.560 “Wind energy system” defined. [Expired by limitation.]

Administration of Program

NRS 701B.580 Creation of Program; Commission required to establish categories of participation; eligibility requirements. [Expired by limitation.]

NRS 701B.590 Regulations: Establishment of capacity goals and incentives; continued payment of incentives. [Expired by limitation.]

NRS 701B.600 Duty of utility to administer Program according to annual plan; recovery of costs by utility. [Expired by limitation.]

NRS 701B.610 Duty of utility to file annual plan; review and approval of annual plan by Commission. [Expired by limitation.]

NRS 701B.615 Procedure for selection and notification of participants; authorization to install and energize wind energy system; submission of incentive claim form; determination of amount of incentive; withdrawal of participant; forfeiture of incentive. [Expired by limitation.]

NRS 701B.625 Installation of wind energy system deemed public work under certain circumstances. [Expired by limitation.]

NRS 701B.640 Issuance of portfolio energy credits. [Expired by limitation.]

NRS 701B.650 Participation in net metering. [Expired by limitation.]

WATERPOWER ENERGY SYSTEMS DEMONSTRATION PROGRAM

General Provisions

NRS 701B.700 Short title. [Expired by limitation.]

NRS 701B.710 Definitions. [Expired by limitation.]

NRS 701B.720 “Applicant” defined. [Expired by limitation.]

NRS 701B.730 “Commission” defined. [Expired by limitation.]

NRS 701B.740 “Participant” defined. [Expired by limitation.]

NRS 701B.750 “Person” defined. [Expired by limitation.]

NRS 701B.780 “Utility” defined. [Expired by limitation.]

NRS 701B.790 “Waterpower” defined. [Expired by limitation.]

NRS 701B.800 “Waterpower energy system” defined. [Expired by limitation.]

NRS 701B.810 “Waterpower Demonstration Program” or “Program” defined. [Expired by limitation.]

Administration of Program

NRS 701B.820 Creation of Program; categories of participation; eligibility requirements; regulations establishing qualifications of applicant. [Expired by limitation.]

NRS 701B.830 Duty of utility to administer Program. [Expired by limitation.]

NRS 701B.840 Regulations: Establishment of capacity goals and incentives. [Expired by limitation.]

NRS 701B.850 Duty of utility to file annual plan; review and approval of annual plan by Commission. [Expired by limitation.]

NRS 701B.860 Recovery of costs by utility. [Expired by limitation.]

NRS 701B.865 Procedure for selection and notification of participants; authorization to construct waterpower energy system; submission of incentive claim form and supporting information; determination of amount of incentive; withdrawal of participant; forfeiture of incentive; certification of compliance; regulations. [Expired by limitation.]

NRS 701B.870 Issuance of portfolio energy credits. [Expired by limitation.]

NRS 701B.880 Participation in net metering. [Expired by limitation.]

GREEN JOBS INITIATIVE

General Provisions

NRS 701B.900 Short title.

NRS 701B.903 Definitions.

NRS 701B.906 “Department” defined.

NRS 701B.909 “Division” defined.

NRS 701B.912 “Renewable energy” defined.

NRS 701B.915 “Retrofitting” defined.

NRS 701B.918 “Weatherization” defined.

Administration of Initiative

NRS 701B.921 Establishment of contractual relationships with nonprofit collaboratives; requirements relating to job training, career development and apprenticeship programs; requests for proposals and contracts; funding.

NRS 701B.924 Determination of projects for weatherization and retrofitting; criteria for prioritizing and selecting projects; requests for proposals and contracts.

ENERGY SAVINGS IN PUBLIC BUILDINGS

NRS 701B.925 Required evaluation of window replacement alternatives in public buildings by State Public Works Division of Department of Administration; exceptions; use of window replacement alternative required under certain circumstances; consultation with Office of Historic Preservation of the State Department of Conservation and Natural Resources under certain circumstances.

NEVADA CLEAN ENERGY FUND

NRS 701B.930 Legislative findings and declarations.

NRS 701B.935 Definitions.

NRS 701B.940 “Alternative fuel vehicle project” defined.

NRS 701B.945 “Board” defined.

NRS 701B.950 “Demand response project” defined.

NRS 701B.955 “Energy efficiency project” defined.

NRS 701B.960 “Nevada Clean Energy Fund” or “Fund” defined.

NRS 701B.965 “Qualified clean energy project” defined.

NRS 701B.970 “Renewable energy” defined.

NRS 701B.975 “Renewable energy project” defined.

NRS 701B.980 “System efficiency project” defined.

NRS 701B.985 Creation.

NRS 701B.990 Board of Directors: Creation; appointment; qualifications; terms; election of Chair; meetings; quorum; adoption of rules; allowances and expenses of members.

NRS 701B.995 Duties of Board; availability of additional money; authority of Fund.

_________

GENERAL PROVISIONS

NRS 701B.003 Definitions. Expired by limitation. (See chapter 510, Statutes of Nevada 2013, at page 3348.)

NRS 701B.007 Applications to participate in renewable energy programs: False or misleading statements prohibited. Expired by limitation. (See chapter 510, Statutes of Nevada 2013, at page 3348.)

SOLAR ENERGY SYSTEMS INCENTIVE PROGRAM

General Provisions

NRS 701B.010 Applicability. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.020 Definitions. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.030 “Applicant” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.040 “Category” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.050 “Commission” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.055 “Distributed generation system” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.057 “Energy storage system” defined. Expired by limitation. (See chapter 239, Statutes of Nevada 2017, at page 1270.)

NRS 701B.070 “Owned, leased or occupied” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.080 “Participant” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.090 “Person” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.150 “Solar energy system” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.160 “Solar Program” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.180 “Utility” defined. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

Administration of Program

NRS 701B.190 Legislative findings and declaration. Expired by limitation. (See chapter 510, Statutes of Nevada 2013, at page 3348.)

NRS 701B.200 Regulations: Establishment of incentives and requirements for utility’s annual plan; recovery of costs by utility. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.230 Duty of utility to file annual plan; review and approval of annual plan by Commission; recovery of costs by utility. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.240 Creation of Solar Program; Commission required to establish categories of participation; eligibility requirements. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.250 Application to participate; review of application by utility. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.265 Installation of solar energy system deemed public work under certain circumstances. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.280 Participation in net metering. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.290 Issuance of portfolio energy credits. Repealed. (See chapter 510, Statutes of Nevada 2013, at page 3347.)

SOLAR THERMAL SYSTEMS DEMONSTRATION PROGRAM

General Provisions

NRS 701B.300 Definitions. As used in NRS 701B.300 to 701B.345, inclusive, unless the context otherwise requires, the words and terms defined in NRS 701B.303 to 701B.333, inclusive, have the meanings ascribed to them in those sections.

(Added to NRS by 2009, 2263)

NRS 701B.303 “Category” defined. “Category” means one of the categories of participants in the Demonstration Program as set forth in NRS 701B.336.

(Added to NRS by 2009, 2263)

NRS 701B.306 “Commission” defined. “Commission” means the Public Utilities Commission of Nevada.

(Added to NRS by 2009, 2263)

NRS 701B.309 “Demonstration Program” defined. “Demonstration Program” means the Solar Thermal Systems Demonstration Program established by the Commission pursuant to NRS 701B.336.

(Added to NRS by 2009, 2263)

NRS 701B.312 “Institution of higher education” defined. “Institution of higher education” means:

1. A university, college or community college which is privately owned or which is part of the Nevada System of Higher Education; or

2. A postsecondary educational institution, as defined in NRS 394.099, or any other institution of higher education.

(Added to NRS by 2009, 2263)

NRS 701B.315 “Participant” defined. “Participant” means a person who has been approved by a utility pursuant to NRS 701B.336 to participate in the Demonstration Program.

(Added to NRS by 2009, 2263)

NRS 701B.318 “Person” defined. “Person” includes a government, governmental agency or political subdivision of a government.

(Added to NRS by 2009, 2263)

NRS 701B.321 “Public and other property” defined.

1. “Public and other property” means any real property, building or facility which is owned, leased or occupied by:

(a) A public entity;

(b) A nonprofit organization that is recognized as exempt from taxation pursuant to section 501(c)(3) of the Internal Revenue Code, 26 U.S.C. § 501(c)(3), as amended; or

2. The term includes, without limitation, any real property, building or facility which is owned, leased or occupied by:

(a) A church; or

(b) A benevolent, fraternal or charitable lodge, society or organization.

3. The term does not include school property.

(Added to NRS by 2009, 2263)

NRS 701B.324 “School property” defined. “School property” means any real property, building or facility which is owned, leased or occupied by:

1. A public school as defined in NRS 385.007;

2. A private school as defined in NRS 394.103; or

3. An institution of higher education.

(Added to NRS by 2009, 2263)

NRS 701B.327 “Small business” defined. “Small business” means a business conducted for profit which employs 500 or fewer full-time or part-time employees.

(Added to NRS by 2009, 2263)

NRS 701B.330 “Solar thermal system” defined. “Solar thermal system” means a system of related components that uses solar energy to heat water or air and is designed to work as an integral package such that the system is not complete without one of its related components.

(Added to NRS by 2009, 2263)

NRS 701B.333 “Utility” defined. “Utility” means a public utility that supplies natural gas in this State.

(Added to NRS by 2009, 2264)

Administration of Program

NRS 701B.336 Establishment of Demonstration Program; categories of participation; eligibility requirements; notification of participants; regulations.

1. The Commission shall establish the Solar Thermal Systems Demonstration Program to carry out the intent of the Legislature to promote the installation of at least 3,000 solar thermal systems in homes, businesses, schools and other governmental buildings throughout this State by 2019.

2. The Demonstration Program must have four categories of participants as follows:

(a) School property;

(b) Public and other property;

(d) Small business property.

3. To be eligible to participate in the Demonstration Program, a person must:

(a) Apply to a utility on a form prescribed by the Commission;

(b) Meet the qualifications established pursuant to subsection 5 and be approved by the utility;

(c) When installing a solar thermal system, use an installer who has been issued the appropriate license by the State Contractors’ Board; and

(d) If the person participates in the category of school property or public and other property, provide for the public display of the solar thermal system, including, without limitation, providing for public demonstrations of the solar thermal system and for hands-on experience of the solar thermal system by the public.

4. The utility shall notify each applicant who is approved to participate in the Demonstration Program not later than 10 days after the approval.

5. The Commission shall adopt regulations which must include, without limitation, provisions which:

(a) Establish the qualifications an applicant must meet to qualify to participate in the Demonstration Program.

(b) Establish specifications for the design, installation, energy output and displacement standards of the solar thermal systems that qualify for the Demonstration Program.

(d) Require that any solar thermal collector have a warranty against defects and undue degradation of not less than 10 years.

(e) Require that a solar thermal system be installed in a building which is connected to the existing distribution system of a utility in this State.

(f) Require that a solar thermal system be installed in conformity with the manufacturer’s specifications and all applicable codes and standards.

(g) Establish siting and installation requirements for solar thermal systems to ensure efficient and appropriate installation and to promote maximized performance of such systems.

6. As used in this section, “applicant” means a person who applies to the utility to participate in the Demonstration Program.

(Added to NRS by 2009, 2264; A 2011, 1020)

NRS 701B.339 Recovery of costs by utility. A utility may recover its reasonable and prudent costs, including, without limitation, customer incentives, that are associated with carrying out and administering the Demonstration Program within its service area by seeking recovery of those costs in an appropriate proceeding before the Commission pursuant to NRS 704.110.

(Added to NRS by 2009, 2265)

NRS 701B.342 Regulations: Establishment of program milestones and rebate program for participants.

1. The Commission shall adopt regulations establishing program milestones and a rebate program for a participant who installs a solar thermal system. The rebates provided by a utility pursuant to this section must:

(a) Decline over time as the program milestones are reached;

(b) Be structured to reduce the cost of solar thermal systems; and

(c) Be based on the actual energy savings or predicted energy savings of the solar thermal system as determined by the Commission.

2. The regulations must require that to be eligible for a rebate pursuant to the Demonstration Program, a solar thermal system must have received an OG-100 or OG-300 performance certification from the Solar Rating and Certification Corporation or any other performance certification approved by the Commission.

3. In determining the amount of the rebates provided through the Demonstration Program, the Commission shall consider any federal tax credits and other incentives available to participants.

(Added to NRS by 2009, 2265; A 2011, 1021)

NRS 701B.345 Withdrawal of participant for noncompliance; forfeiture of rebates.

1. Except as otherwise provided in this section, if a utility determines that a participant has not complied with the requirements for participation in the Demonstration Program, the utility shall, after notice, withdraw the participant from the Demonstration Program.

2. The utility may, without notice, withdraw from the Demonstration Program:

(a) A participant in the category of private residential property and small business property if the participant does not complete the installation of a solar thermal system within 12 months after the date the participant receives notice of approval to participate in the Demonstration Program.

(b) A participant in the category of school property or public and other property if the participant does not complete the installation of a solar thermal system within 30 months after the date the participant receives notice of approval to participate in the Demonstration Program.

3. A participant who is withdrawn from the Demonstration Program pursuant to subsection 2 forfeits any rebates provided by NRS 701B.300 to 701B.345, inclusive.

(Added to NRS by 2009, 2265)

RENEWABLE ENERGY SCHOOL PILOT PROGRAM

NRS 701B.350 Creation; regulations; conditions and limitations; reports.

1. The Renewable Energy School Pilot Program is hereby created. The goal of the Program is to encourage the development of and determine the feasibility for the integration of renewable energy systems on school properties.

2. The Commission shall adopt regulations for the Program. Such regulations must include, but not be limited to:

(a) A time frame for implementation of the Program;

(b) The allowed renewable energy systems and combinations of such renewable energy systems on school property;

(d) A process by which a school district may apply for participation in the Program;

(e) Requirements for participation by a school district;

(f) The type of transactions allowed between a renewable energy system generator, a school district and a utility;

(g) Incentives which may be provided to a school district or school property to encourage participation; and

(h) Such other parameters as determined by the Commission and are consistent with the development of renewable energy systems at school properties.

3. The Program must be limited to 10 school properties. Not more than 6 school properties from any one school district may participate in the Program.

4. The Commission shall adopt the regulations necessary to implement the Program not later than March 1, 2008.

5. The Commission shall prepare a report detailing the results of the Program and shall submit the report to the Legislature by December 1, 2008.

6. As used in this section:

(a) “Commission” means the Public Utilities Commission of Nevada.

(b) “Owned, leased or occupied” includes, without limitation, any real property, building or facilities which are owned, leased or occupied under a deed, lease, contract, license, permit, grant, patent or any other type of legal authorization.

(d) “School district” means a county school district created pursuant to chapter 386 of NRS.

(e) “School property” means any real property, building or facilities which are owned, leased or occupied by a public school as defined in NRS 385.007.

(f) “Utility” means a public utility that supplies electricity in this State.

(Added to NRS by 2007, 2972; A 2015, 3733)

WIND ENERGY SYSTEMS DEMONSTRATION PROGRAM

General Provisions

NRS 701B.400 Short title. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.410 Definitions. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.420 “Agricultural property” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.430 “Applicant” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.440 “Category” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.450 “Commission” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.460 “Institution of higher education” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.470 “Participant” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.480 “Person” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.500 “Public property” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.510 “School property” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.520 “Small business” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.540 “Utility” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.550 “Wind Demonstration Program” or “Program” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.560 “Wind energy system” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

Administration of Program

NRS 701B.580 Creation of Program; Commission required to establish categories of participation; eligibility requirements. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.590 Regulations: Establishment of capacity goals and incentives; continued payment of incentives. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.600 Duty of utility to administer Program according to annual plan; recovery of costs by utility. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.610 Duty of utility to file annual plan; review and approval of annual plan by Commission. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.625 Installation of wind energy system deemed public work under certain circumstances. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2563, and chapter 510, Statutes of Nevada 2013, at page 3347.)

NRS 701B.640 Issuance of portfolio energy credits. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.650 Participation in net metering. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

WATERPOWER ENERGY SYSTEMS DEMONSTRATION PROGRAM

General Provisions

NRS 701B.700 Short title. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.710 Definitions. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.720 “Applicant” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.730 “Commission” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.740 “Participant” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.750 “Person” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.780 “Utility” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.790 “Waterpower” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.800 “Waterpower energy system” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.810 “Waterpower Demonstration Program” or “Program” defined. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

Administration of Program

NRS 701B.820 Creation of Program; categories of participation; eligibility requirements; regulations establishing qualifications of applicant. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.830 Duty of utility to administer Program. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.840 Regulations: Establishment of capacity goals and incentives. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.850 Duty of utility to file annual plan; review and approval of annual plan by Commission. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.860 Recovery of costs by utility. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.870 Issuance of portfolio energy credits. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

NRS 701B.880 Participation in net metering. Expired by limitation. (See chapter 412, Statutes of Nevada 2011, at page 2562, and chapter 510, Statutes of Nevada 2013, at page 3346.)

GREEN JOBS INITIATIVE

General Provisions

NRS 701B.900 Short title. NRS 701B.900 to 701B.924, inclusive, may be cited as the Green Jobs Initiative.

(Added to NRS by 2009, 2867)

NRS 701B.903 Definitions. As used in NRS 701B.900 to 701B.924, inclusive, unless the context otherwise requires, the words and terms defined in NRS 701B.906 to 701B.918, inclusive, have the meanings ascribed to them in those sections.

(Added to NRS by 2009, 2867)

NRS 701B.906 “Department” defined. “Department” means the Department of Employment, Training and Rehabilitation.

(Added to NRS by 2009, 2867)

NRS 701B.909 “Division” defined. “Division” means the Housing Division of the Department of Business and Industry.

(Added to NRS by 2009, 2867)

NRS 701B.912 “Renewable energy” defined.

1. “Renewable energy” means a source of energy that occurs naturally or is regenerated naturally, including, without limitation:

(a) Biomass;

(b) Fuel cells;

(d) Solar energy;

(e) Waste heat;

(f) Waterpower; and

(g) Wind.

2. The term does not include coal, natural gas, oil, propane or any other fossil fuel, or nuclear energy.

(Added to NRS by 2009, 2867)

NRS 701B.915 “Retrofitting” defined. “Retrofitting” means the alteration, improvement, modification, remodeling or renovation of a building, facility, residence or structure to make that building, facility, residence or structure more energy efficient.

(Added to NRS by 2009, 2867)

NRS 701B.918 “Weatherization” defined. “Weatherization” means materials or measures, and their installation, that are used to improve the thermal efficiency of a building, facility, residence or structure.

(Added to NRS by 2009, 2867)

Administration of Initiative

1. The Department of Employment, Training and Rehabilitation and the Housing Division of the Department of Business and Industry shall establish contractual relationships with one or more nonprofit collaboratives to carry out the State’s mission of creating new jobs in the fields of energy efficiency and renewable energy by combining job training with weatherization, energy retrofit applications or the development of renewable energy plants.

2. To qualify as a nonprofit collaborative for the purposes of this section, a nonprofit entity:

(a) Must enter into a written agreement relating to job training and career development activities with:

(1) A labor management agency or other affiliated agency which has established an apprenticeship program that is registered and approved by the State Apprenticeship Council pursuant to chapter 610 of NRS; and

(2) A community college or another institution of higher education; and

(b) Must conduct or have the ability to conduct training programs in at least one of the three geographic regions of this State, including southern Nevada, northern Nevada and rural Nevada.

Ê Such a nonprofit entity may also enter into a written agreement relating to job training and career development activities with a trade association which has an accredited job skills training program.

3. Within the limits of money available to the Department for this purpose, the Department shall contract with one or more qualified nonprofit collaboratives to:

(a) Carry out programs for job training in fields relating to energy efficiency and the use of renewable energy.

(b) In concert with a labor management agency or other affiliated agency which has established an apprenticeship program that is registered and approved by the State Apprenticeship Council pursuant to chapter 610 of NRS, develop apprenticeship programs to train laborers in skills related to:

(1) The implementation of energy efficiency measures.

(2) The use of renewable energy.

(3) Performing audits of the energy efficiency of buildings, facilities, residences and structures.

(4) The weatherization of buildings, facilities, residences and structures.

(5) The retrofitting of buildings, facilities, residences and structures.

(6) The construction and operation of centralized renewable energy plants.

(7) The manufacturing of components relating to work performed pursuant to subparagraphs (1) to (6), inclusive.

4. The job training described in subsection 3 must be sufficiently detailed to allow workers, as applicable, to perform:

(a) The services set forth in NRS 702.270.

(b) The services set forth in NRS 618.910 to 618.936, inclusive.

5. Funding provided for the job training described in subsection 3:

(a) Must, to the extent money is available for the purpose, include the cost of tuition and supplies.

(b) May include a cost-of-living stipend which may or may not be in addition to any available unemployment compensation.

6. Within the limits of money available to the Division for the purpose, the Division shall contract with one or more governmental entities, community action agencies or nonprofit organizations, including, without limitation, qualified nonprofit collaboratives, to:

(a) Identify, in different regions of the State, neighborhoods that will qualify for funding for residential weatherization projects pursuant to federal programs focusing on residential weatherization; and

(b) Issue requests for proposals for contractors and award contracts for projects to promote energy efficiency through weatherization. Any such requests for proposals and contracts must include, without limitation:

(1) Provisions stipulating that all employees of the outside contractors who work on the project must be paid prevailing wages;

(2) Provisions requiring that each outside contractor:

(I) Employ on each such project a number of persons trained as described in paragraph (b) of subsection 3 that is equal to or greater than 50 percent of the total workforce the contractor employs on the project; or

(II) If the Director of the Department determines in writing, pursuant to a request submitted by the contractor, that the contractor cannot reasonably comply with the provisions of sub-subparagraph (I) because there are not available a sufficient number of such trained persons, employ a number of persons trained as described in paragraph (b) of subsection 3 or trained through any apprenticeship program that is registered and approved by the State Apprenticeship Council pursuant to chapter 610 of NRS that is equal to or greater than 50 percent of the total workforce the contractor employs on the project;

(3) A component pursuant to which persons trained as described in paragraph (b) of subsection 3 must be classified and paid prevailing wages depending upon the classification of the skill in which they are trained; and

(4) A component that requires each contractor to offer to employees working on the project, and to their dependents, health care in the same manner as a policy of insurance pursuant to chapters 689A and 689B of NRS or the Employee Retirement Income Security Act of 1974.

7. The Department and the Division:

(a) Shall apply for and accept any grant, appropriation, allocation or other money available pursuant to:

(1) The Green Jobs Act of 2007, 29 U.S.C. § 2916(e); and

(2) The American Recovery and Reinvestment Act of 2009, Public Law 111-5; and

(b) May apply for and accept any other available gift, grant, appropriation or donation from any public or private source,

Ê to assist the Department and the Division in carrying out the provisions of this section.

8. As used in this section, “community action agencies” means private corporations or public agencies established pursuant to the Economic Opportunity Act of 1964, Public Law 88-452, which are authorized to administer money received from federal, state, local or private funding entities to assess, design, operate, finance and oversee antipoverty programs.

(Added to NRS by 2009, 2867; A 2025, 867)

NRS 701B.924 Determination of projects for weatherization and retrofitting; criteria for prioritizing and selecting projects; requests for proposals and contracts.

1. The State Public Works Board shall, within 90 days after June 9, 2009, determine the specific projects to weatherize and retrofit public buildings, facilities and structures, including, without limitation, traffic-control systems, and to otherwise use sources of renewable energy to serve those buildings, facilities and structures pursuant to the provisions of this section and NRS 701B.921. The projects must be prioritized and selected on the basis of the following criteria:

(a) The length of time necessary to commence the project.

(b) The number of workers estimated to be employed on the project.

(d) The estimated cost of the project.

(e) Whether the project is able to be powered by or to otherwise use sources of renewable energy.

(f) Whether the project has qualified for participation in:

(1) The Renewable Energy School Pilot Program created by NRS 701B.350; or

(2) An energy efficiency or energy conservation program offered by a public utility, as defined in NRS 704.020, pursuant to a plan approved by the Public Utilities Commission of Nevada pursuant to NRS 704.741.

2. The board of trustees of each school district shall, within 90 days after June 9, 2009, determine the specific projects to weatherize and retrofit public buildings, facilities and structures, including, without limitation, traffic-control systems, and to otherwise use sources of renewable energy to serve those buildings, facilities and structures pursuant to the provisions of this section and NRS 701B.921. The projects must be prioritized and selected on the basis of the following criteria:

(a) The length of time necessary to commence the project.

(b) The number of workers estimated to be employed on the project.

(d) The estimated cost of the project.

(e) Whether the project is able to be powered by or to otherwise use sources of renewable energy.

(f) Whether the project has qualified for participation in:

(1) The Renewable Energy School Pilot Program created by NRS 701B.350; or

3. The Board of Regents of the University of Nevada shall, within 90 days after June 9, 2009, determine the specific projects to weatherize and retrofit public buildings, facilities and structures, including, without limitation, traffic-control systems, and to otherwise use sources of renewable energy to serve those buildings, facilities and structures pursuant to the provisions of this section and NRS 701B.921. The projects must be prioritized and selected on the basis of the following criteria:

(a) The length of time necessary to commence the project.

(b) The number of workers estimated to be employed on the project.

(d) The estimated cost of the project.

(e) Whether the project is able to be powered by or to otherwise use sources of renewable energy.

(f) Whether the project has qualified for participation in:

(1) The Renewable Energy School Pilot Program created by NRS 701B.350; or

4. As soon as practicable after an entity described in subsections 1, 2 and 3 selects a project, the entity shall proceed to enter into a contract with one or more contractors to perform the work on the project. The request for proposals and all contracts for each project must include, without limitation:

(a) Provisions stipulating that all employees of the contractors and subcontractors who work on the project must be paid prevailing wages pursuant to the requirements of chapter 338 of NRS;

(b) Provisions requiring that each contractor and subcontractor employed on each such project:

(1) Employ a number of persons trained as described in paragraph (b) of subsection 3 of NRS 701B.921 that is equal to or greater than 50 percent of the total workforce the contractor or subcontractor employs on the project; or

(2) If the Director of the Department determines in writing, pursuant to a request submitted by the contractor or subcontractor, that the contractor or subcontractor cannot reasonably comply with the provisions of subparagraph (1) because there are not available a sufficient number of such trained persons, employ a number of persons trained as described in paragraph (b) of subsection 3 of NRS 701B.921 or trained through any apprenticeship program that is registered and approved by the State Apprenticeship Council pursuant to chapter 610 of NRS that is equal to or greater than 50 percent of the total workforce the contractor or subcontractor employs on the project;

(c) A component pursuant to which persons trained as described in paragraph (b) of subsection 3 of NRS 701B.921 must be classified and paid prevailing wages depending upon the classification of the skill in which they are trained; and

(d) A component that requires each contractor or subcontractor to offer to employees working on the project, and to their dependents, health care in the same manner as a policy of insurance pursuant to chapters 689A and 689B of NRS or the Employee Retirement Income Security Act of 1974.

(Added to NRS by 2009, 2869; A 2011, 2559; 2013, 3347; 2025, 869)

ENERGY SAVINGS IN PUBLIC BUILDINGS

1. When considering window replacement in public buildings, the State Public Works Division of the Department of Administration shall, except as otherwise provided in subsection 3, evaluate alternatives to window replacement, including, without limitation:

(a) Weather stripping;

(b) Interior window surface film;

(d) Exterior storm windows;

(e) Interior window panels; or

(f) Any combination of alternatives listed in paragraphs (a) to (e), inclusive.

2. An evaluation conducted pursuant to subsection 1 must include the cost of such alternatives to window replacements and potential savings from each alternative, including, without limitation, energy savings. Except as otherwise provided in subsection 4, if the Division determines that the potential savings from the use of an alternative to window replacement exceed the costs of the alternative, the Division must use the alternative in lieu of window replacement.

3. The Division is not required to conduct an evaluation pursuant to subsection 1 before replacing:

(a) The windows in a state prison facility or institution; or

(b) A broken window.

4. When evaluating whether to replace the windows or use an alternative to window replacement pursuant to subsection 1 in a public building that is at least 50 years old, the Division must consult with the Office of Historic Preservation of the State Department of Conservation and Natural Resources. The Division is not required to use an alternative to window replacement in a public building that is at least 50 years old if the Office of Historic Preservation recommends against using the alternative.

5. As used in this section, “public building” means any building to which the provisions of NRS 341.1405 to 341.148, inclusive, apply.

(Added to NRS by 2017, 1434)

NEVADA CLEAN ENERGY FUND

NRS 701B.930 Legislative findings and declarations. The Legislature hereby finds and declares that it is in the interest of this State to establish and support in this State an independent corporation for public benefit, the Nevada Clean Energy Fund, for the purposes of:

1. Promoting investments in qualified clean energy projects;

2. Increasing significantly the pace and amount of investments in qualified clean energy projects at the state and local levels;

3. Improving the standard of living of the residents of this State by promoting the more efficient and lower cost development of qualified clean energy projects and providing financing for qualified clean energy projects that will create high-paying, long-term jobs;

4. Fostering the development and consistent application of transparent underwriting standards, standard contractual terms, and measurement and verification protocols for qualified clean energy projects;

5. Promoting the creation of performance data that enables effective underwriting, risk management and pro forma modeling of financial performance of qualified clean energy projects to support primary financing markets and to stimulate the development of secondary investment markets for qualified clean energy projects; and

6. Achieving a level of financing support for qualified clean energy projects necessary to help abate climate change by increasing zero- or low-carbon electricity generation and transportation capabilities, realize energy efficiency potential in existing infrastructure, ease the economic effects of transitioning from a carbon-based economy to a clean-energy economy, achieve job creation through the construction and operation of qualified clean energy projects and complement and supplement other clean energy and energy efficiency programs and initiatives in this State.

(Added to NRS by 2017, 2534)

NRS 701B.935 Definitions. As used in NRS 701B.930 to 701B.995, inclusive, unless the context otherwise requires, the words and terms defined in NRS 701B.940 to 701B.980, inclusive, have the meanings ascribed to them in those sections.

(Added to NRS by 2017, 2535)

NRS 701B.940 “Alternative fuel vehicle project” defined. “Alternative fuel vehicle project” means any project, technology, product, service, function or measure, or an aggregation thereof, which supports the development and deployment of alternative fuels used for electricity generation, alternative fuel vehicles and related infrastructure, including, without limitation, infrastructure for electric vehicle charging stations. The term does not include any technology that involves the combustion of fossil fuels, including, without limitation, petroleum and petroleum products.

(Added to NRS by 2017, 2535)

NRS 701B.945 “Board” defined. “Board” means the Board of Directors of the Nevada Clean Energy Fund.

(Added to NRS by 2017, 2535)

NRS 701B.950 “Demand response project” defined. “Demand response project” means any project, technology, product, service, function or measure, or an aggregation thereof, that changes the usage of electricity by retail customers in this State from the normal consumption patterns in response to:

1. Changes in the price of electricity over time; or

2. Incentive payments designed to induce lower electricity use at times of high market prices or when system reliability is jeopardized.

(Added to NRS by 2017, 2535)

NRS 701B.955 “Energy efficiency project” defined. “Energy efficiency project” means any project, technology, product, service, function or measure, or an aggregation thereof, that:

1. Results in the reduction of energy use required to achieve the same level of service or output obtained before the application of such project, technology, product, service, function or measure, or aggregation thereof; or

2. Substantially reduces greenhouse gas emissions relative to emissions that would have produced before the application of such project, technology, product, service, function or measure, or aggregation thereof.

(Added to NRS by 2017, 2535)

NRS 701B.960 “Nevada Clean Energy Fund” or “Fund” defined. “Nevada Clean Energy Fund” or “Fund” means the independent, nonprofit corporation established pursuant to NRS 701B.985 to provide money to promote investments in and increase significantly the pace and amount of investment in qualified clean energy projects in this State and to carry out the provisions of NRS 701B.930 to 701B.995, inclusive.

(Added to NRS by 2017, 2536)

NRS 701B.965 “Qualified clean energy project” defined. “Qualified clean energy project” means any alternative fuel vehicle project, demand response project, energy efficiency project, renewable energy project or system efficiency project.

(Added to NRS by 2017, 2536)

NRS 701B.970 “Renewable energy” defined. “Renewable energy” means energy produced by:

1. Solar resources;

2. Wind resources;

3. Geothermal resources;

4. Nonhazardous, organic biomass;

5. Anaerobic digestion of organic waste streams;

6. Small-scale, advanced hydropower;

7. Tidal currents;

8. Fuel cells using renewable resources; and

9. Any other source that naturally replenishes over a human, rather than geological, time frame and that is ultimately derived from solar, water or wind resources.

(Added to NRS by 2017, 2536)

NRS 701B.975 “Renewable energy project” defined. “Renewable energy project” means the development, construction, deployment, alteration or repair of any project, technology, product, service, function or measure, or an aggregation thereof, that generates electric power from renewable energy.

(Added to NRS by 2017, 2536)

NRS 701B.980 “System efficiency project” defined. “System efficiency project” means the development, construction, deployment, alteration or repair of any distributed generation system, energy storage system, smart grid technology, advanced battery system, microgrid system, fuel cell system or combined heat and power systems.

(Added to NRS by 2017, 2536)

NRS 701B.985 Creation. The Director of the Office of Energy shall cause to be formed in this State an independent, nonprofit corporation recognized as exempt from federal income taxation for the public benefit named the “Nevada Clean Energy Fund,” the general purpose of which is to carry out the provisions of NRS 701B.930 to 701B.995, inclusive.

(Added to NRS by 2017, 2536)

NRS 701B.990 Board of Directors: Creation; appointment; qualifications; terms; election of Chair; meetings; quorum; adoption of rules; allowances and expenses of members.

1. There is hereby created the Board of Directors of the Nevada Clean Energy Fund, consisting of the following nine members:

(a) The Director of the Office of Energy;

(b) The Executive Director of the Office of Economic Development or his or her designee;

(d) The Commissioner of Financial Institutions or his or her designee;

(e) One member appointed by the Governor from among a list of nominees submitted by the State Contractors’ Board;

(f) One member appointed by the Governor from among a list of nominees submitted by labor organizations in this State;

(g) One member appointed by the Governor from among a list of nominees submitted by the board of county commissioners of the county in this State with the largest population;

(h) One member appointed by the Governor from among a list of nominees submitted by the board of county commissioners of the county in this State with the second largest population; and

(i) One member appointed by the Governor from among a list of nominees submitted by the boards of county commissioners of the counties in this State not described in paragraph (g) or (h).

2. The members appointed to the Board pursuant to paragraphs (e) to (i), inclusive, of subsection 1 should have expertise in matters relating to renewable energy, economic development, banking, law, finance or other matters relevant to the work of the Board. When appointing a member to the Board, consideration must be given to whether the members appointed to the Board reflect the ethnic and geographical diversity of this State.

3. The term of each member of the Board appointed pursuant to paragraphs (e) to (i), inclusive, of subsection 1 is 3 years. A member may be reappointed for additional terms of 3 years in the same manner as the original appointment. A vacancy occurring in the membership of the Board must be filled in the same manner as the original appointment.

4. The Board shall annually elect a Chair from among its members.

5. The Board shall meet regularly at least semiannually and may meet at other times upon the call of the Chair. Any five members of the Committee constitute a quorum for the purpose of voting. A majority vote of the quorum is required to take action with respect to any matter.

6. The Board shall adopt rules for its own management and government.

7. While engaged in the business of the Board, each member of the Board is entitled to receive the per diem allowance and travel expenses provided for state officers and employees generally.

(Added to NRS by 2017, 2536)

NRS 701B.995 Duties of Board; availability of additional money; authority of Fund.

1. To carry out the provisions of NRS 701B.930 to 701B.995, inclusive, the Board shall:

(a) Annually develop and adopt a work program to serve and support the deployment of qualified clean energy projects in this State, including, without limitation, projects benefitting single-family and multi-family residential property, commercial, industrial, educational and governmental property and hospitals and nonprofit property and any other projects which advance the purposes of NRS 701B.930 to 701B.995, inclusive;

(b) Develop rules, policies and procedures which specify the eligibility of borrowers and any other terms or conditions of the financial support to be provided by the Nevada Clean Energy Fund before financing support is provided for any qualified clean energy project;

(c) Develop and offer a range of financing structures, forms and techniques for qualified clean energy projects, including, without limitation, loans, credit enhancements, guarantees, warehousing, securitization, and other financial products and structures;

(d) Leverage private investment in qualified clean energy projects through financing mechanisms that support, enhance and complement private investment;

(e) Develop consumer protection standards to be enforced on all investments to ensure the Nevada Clean Energy Fund and its partners are lending in a responsible and transparent manner that is in the financial interests of the borrowers;

(f) Assess reasonable fees for the financing support and risk management activities provided by the Nevada Clean Energy Fund in amounts sufficient to cover the reasonable costs of the Fund;

(g) Collect and make available to the public in a centralized database on an Internet website maintained by the Nevada Clean Energy Fund information regarding rates, terms and conditions of all financing support transactions, unless the disclosure of such information includes a trade secret, confidential commercial information or confidential financial information;

(h) Work with market and program participants to provide information regarding best practices for overseeing qualified clean energy projects and information regarding other appropriate consumer protections;

(i) Prepare an annual report for the public on the financing activities of the Nevada Clean Energy Fund; and

(j) Undertake such other activities as are necessary to carry out the provisions of NRS 701B.930 to 701B.995, inclusive.

2. In addition to any money available through gifts, grants, donations or legislative appropriation to carry out the purposes of NRS 701B.930 to 701B.995, inclusive, the Board shall identify any other sources of money which may, in the opinion of the Board, be used to provide money for the Fund.

3. The Fund may:

(a) Sue and be sued.

(b) Have a seal.

(c) Acquire real or personal property or any interest therein, by gift, purchase, foreclosure, deed in lieu of foreclosure, lease, option or otherwise.

(d) Prepare and enter into agreements with the Federal Government for the acceptance of grants of money for the purposes of NRS 701B.930 to 701B.995, inclusive.

(e) Enter into agreements or cooperate with third parties to provide for enhanced leveraging of money of the Fund, additional financing mechanisms or any other program or combination of programs for the purpose of expanding the scope of financial assistance available from the Fund.

(f) Bind the Fund and the Board to terms of any agreements entered into pursuant to NRS 701B.930 to 701B.995, inclusive.

(g) Apply for and accept gifts, grants and donations from any source for the purpose of carrying out the provisions of NRS 701B.930 to 701B.995, inclusive.

(Added to NRS by 2017, 2537)