Section 704.Sec. 3.2 - NEWThe Commission may determine a competitive market price for the energy produced by a renewable energy facility pursuant to NRS 704.752 based on, without limitation:
1. The price and performance terms and conditions recommended by the utility or another party as compared to the price and performance terms and conditions of energy and ancillary services from all conforming, substantially similar technology bids received by the utility in reasonably contemporaneous renewable energy requests for proposals;2. Projections of market trends for the price of energy produced by similar renewable energy facilities;3. Relative performance capabilities of the renewable energy facility as compared with the renewable energy facilities referenced in subsections 1 and 2;4. Relative design differences, including, without limitation, size, between the renewable energy facility and the renewable energy facilities referenced in subsections 1 and 2; and5. Whether the energy and ancillary services produced by the renewable energy facility are consistent with the resource needs of the utility and the customers of the utility.Nev. Admin. Code § 704.Sec. 3.2
Added to NAC by Pub. Utilities Comm'n by R027-20A, eff. 10/9/2021NRS 703.025, 704.210 and 704.752