2001 REGULAR SESSION (71st)                                                                     A SB372 R1 1210

Amendment No. 1210

 

Senate Amendment to Senate Bill No. 372 First Reprint                                                      (BDR 58‑287)

Proposed by: Committee on Commerce and Labor

Amendment Box:

Resolves Conflicts with: N/A

Amends:         Summary:               Title:               Preamble:               Joint Sponsorship:

 

ASSEMBLY ACTION              Initial and Date              |SENATE ACTION                        Initial and Date

       Adopted       Lost                                               |          Adopted       Lost                                           

Concurred In                     Not                                                        |Concurred In  Not                                 

       Receded        Not                                               |         Receded        Not                                           

 

     Amend sec. 8, page 2, line 48, after “electricity;” by inserting “and”.

     Amend sec. 8, page 3, by deleting lines 1 and 2.

     Amend sec. 8, page 3, line 3, by deleting “(c)” and inserting “(b)”.

     Amend sec. 8, page 3, by deleting lines 13 through 15 and inserting:

     “2.  A solar thermal energy system that reduces the consumption of electricity.”.

     Amend sec. 10, page 4, line 3, by deleting “10” and inserting “5”.

     Amend sec. 10, page 4, by deleting lines 5 through 11 and inserting:

     “(b) If the provider acquires electricity from a renewable energy system pursuant to a renewable energy contract with another party:

          (1) The term of the renewable energy contract must be not less than 10 years, unless the other party agrees to a renewable energy contract with a shorter term; and

          (2) The terms and conditions of the renewable energy contract must be just and reasonable, as determined by the commission. If the provider is a public utility and the commission approves the terms and conditions of the renewable energy contract between the provider and the other party, the renewable energy contract and its terms and conditions shall be deemed to be a prudent investment and the provider may recover all just and reasonable costs associated with the renewable energy contract.”.

     Amend sec. 10, page 4, by deleting lines 26 through 36 and inserting:

     “6.  If, for any calendar year, a provider is unable to comply with its portfolio standard through the generation of electricity from its own renewable energy systems or, if applicable, through the use of renewable energy credits, the provider shall take actions to acquire electricity pursuant to one or more renewable energy contracts. If the commission determines that, for a calendar year, there is not or will not be a sufficient supply of electricity made available to the provider pursuant to renewable energy contracts with just and reasonable terms and conditions, the commission shall exempt the provider, for that calendar year, from the remaining requirements of its portfolio standard or from any appropriate portion thereof, as determined by the commission.

     7.  The commission shall adopt regulations for the determination of just and reasonable terms and conditions for the renewable energy contracts that a provider of electric service must enter into to comply with its portfolio standard.

     8.  As used in this section:

     (a) “Renewable energy contract” means a contract to acquire electricity from one or more renewable energy systems owned, operated or controlled by other parties.

     (b) “Terms and conditions” includes, without limitation, the price that a provider of electric service must pay to acquire electricity pursuant to a renewable energy contract.”.

     Amend the bill as a whole by renumbering sec. 17 as sec. 18 and adding a new section designated sec. 17, following sec. 16, to read as follows:

     “Sec. 17. Not later than 180 days after the effective date of this act, the public utilities commission of Nevada shall adopt the regulations required by section 10 of this act.”.