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As part of an order approving the acquisition of a new natural gas-fired power plant, the Public Utilities Commission of Nevada issued a requirement that Nevada Power propose a green pricing tariff in its 2005 general rate case. Under the tariff, customers would be able to make voluntary purchases of power from renewable energy resources and be protected from cost increases in fossil fuels used for power generation.
The Commission also ruled that any renewable energy sources developed under the program should be in addition to green power sources used to meet the state's renewable portfolio standard, which requires utilities to obtain 15% of their power from renewable energy sources by 2013.
News Release - Nevada Power Company Acquisition and Financing of Power Plant in Moapa Approved: Renewables and Energy Conservation Also Encouraged in Order - No longer online at sierrapacificresources.com
News Article - PUC OKs plant purchase, seeks 'green power' rate
News Article - Wanna drop a little green for power that's 'green?'
Nevada Power Contact: Vicki Erickson (775) 834-5656
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