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Nevada does not currently have a viable SREC market as it does not have a deregulated power industry.
Eligible SREC Markets
Determined by the commission on a per kilowatt-hour bases, no less than the difference between the average cost per kilowatt-hour to acquire electricity from renewable energy sources and the cost per kilowatt-hour to generate, acquire and save electricity. If it’s determined that the provider did not comply, the PUC may, after notice and hearing, impose an administrative fine that is assessed against the provider on each kilowatt-hour by which the provider failed to comply with the RPS, or take other administrative action against the provider, or do both.
Reaching 1.5% of energy sales by 2025.
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