Finance, Sourcing Renewables - May 13, 2020
NV Energy files tariff to provide more renewables access to C&I
Large energy customers in Nevada may soon have increased access to solar and battery storage energy under a new tariff proposed by NV Energy in a tariff filed May 4 with the Public Utilities Commission of Nevada (PUCN).
The “Customer Price Stability Tariff” was established to increase progress toward the state’s legislatively-set mandate for a renewable portfolio standard of 50% by 2030, Utility Dive reported. The CPST would ensure a fixed-price energy rate for customers that would ensure the cost for other ratepayers, such as residential customers, would not be increased.
Private or government customers would have access to the program if they consume around 8,760 MWh per year.
The publication reported that the CPST would, “change the nature of Nevada’s energy landscape for the better by allowing NV Energy the opportunity to continue to sell energy to large, higher-load factor customers through the development of large scale renewable projects in Nevada.”
NV Energy found in March 2019 that customers who were interested in such a tariff made up about 3.1 million MWh of electricity load. The PUCN approved NV Energy’s request for the construction of 1,190 MW of solar and 590 MW of energy storage at the end of 2019.
The utility also proposed a five-year term for the tariff, starting in 2022. Comments on the tariff filing are due by June 30 and a decision is expected to be made by the PUCN on Nov. 30.
- A Guide to IFRS Accounting for VPPAs
- Insights from the 2020 Renewable Energy Sourcing Forum - Winter Edition
- Iron Mountain Data Centers aces the Better Buildings Challenge
- Challenging Channels: Creativity and Competition
- SED Pulse Survey: COVID-19's Impact on Sustainability Goals and Workplace Restart