Beacon Hill Analysis Shows Nevada RPS Hikes Electricity Prices
- 09/03/2014
- AEA
- Products and Power, Renewable Fuel Standard, Threats
The state of Nevada—like many others—has implemented a “Renewable Portfolio Standard,” or RPS. According to the state mandate—which was first implemented in 1997 but has since been periodically revised—the state utility, NV Energy, must produce at least 25 percent of its total retail electricity with eligible renewable sources by 2025, and 6 percent of the […]