United States
Environmental Protection
Agency
State Incentives for Achieving Clean and Renewable
Energy Development on Contaminated Lands
The development of clean and renewable energy on formerly used land offers many economic and environmental benefits. Combining clean and renewable
energy and contaminated land cleanup incentives can allow investors and communities to create economically viable clean and renewable energy redevelopment projects.
This document provides information about incentives in your state that can be leveraged for clean and renewable energy and development of contaminated land.
Incentives for Clean and Renewable Energy
Funding (grants, loans, bonds, etc.)
Portfolio Energy Credits
http://pucweb1.state.nv. us/PUCN/PUCHome. aspx
Allows renewable energy generators to sell Portfolio Energy Credits
(PEC) to the state's utilities. One PEC is equal to one kWh of electricity
generated, though photovoltaic projects generate 2.4 PECs for each
kWh generated.
Tax Incentives (abatements, deductions, credits, etc.)
Property Tax Abatements for Renewable Energy
www.expand2nevada.com/lncentives/assets/08renewableenergy.pdf
Provides partial abatement of real and personal property taxes for
businesses that produce electricity from renewable sources, including
biomass, solar energy, or wind.
Renewable Energy Systems Property Tax Exemption
www.energy.state.nv.us/renewable/incentives.htm
Exempts qualifying renewable energy projects from 100% of the
property tax on the value added by the energy system. Eligible
technologies include: solar, wind, geothermal, solid waste, and
hydroelectric systems. The exemption applies for all years, once the
project is installed.
Net Metering
http://pucweb1.state.nv. us/PUCN/PUCHome. aspx
Allows net metering for customers up to 1 MW, though systems
generating more than 100 kW may incur separate fees. Excess
generation is credited to the following month. For more information,
contact the Public Utilities Commission of Nevada
1
Quick Facts
Public Benefit Fund (PBF)
Renewable Portfolio Standard
20% by 2015
Net Metering
Interconnection Standards
Yes D No 0
Yes 0 No D
Yes 0 No D
Yes 0 No D
Electric Power Industry Generation by
Primary Energy Source (EIA, 2006)
Petroleum-Fired 0.1% Nuclear 0.0%
Natural Gas-Fired 66.5% Hydroelectric 6.5%
Coal-Fired 22.8% Other Renewables 4.2%
Points of Contact
Portfolio Energy Credits, Net Metering
Public Utilities Commission of Nevada
Anne-Marie Cuneo, amcuneo@puc.state.nv.us, 775-684-6135
Property Tax Abatements for Renewable Energy, Renewable Energy
Systems Property Tax Exemption
Nevada Department of Taxation, Information Specialist, 775-684-2000
Information current as of November 2008; please refer to www.dsireusa.org and the state Web sites
provided, or contact the points of contact identified above for more up to date information.
Nevada Incentives for Clean and Renewable Energy - Page '
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Incentives for Development of Contaminated Land
Funding (grants, loans, bonds, etc.)
State Petroleum Fund
www.ndep.nv.gov/bca/fundhome.htm
Provides funding to owners and operators of petroleum storage tanks
who wish to undertake corrective actions to clean up petroleum
releases. The fund has $3,900,000 available and provides an average
reimbursement of $101,800.
Revolving Loan Fund
www. ndep. nv. gov/BCA/brownJoan. htm
Assists property owners and developers with costs incurred during
cleanup of sites with environmental contamination. The fund has
$2,000,000 available for loans, which are offered at below-market rates
with flexible repayment options.
Technical Assistance and Other Incentives
Brownfields Technical Support
www.ndep.nv.gov/BCA/brownfld.htm
Provides general technical support from the Nevada Brownfields
Program on a case-by-case basis. For more information, contact the
Nevada Division of Environmental Protection (NDEP).
Limitations on Liability
Nevada Brownfields Program, Voluntary Cleanup Program
(VCP)
www.ndep.nv.gov/BCA/vcpfctsht.pdf
Provides limitations on liability for property owners who undertake
cleanup activities, with oversight from the NDEP. The limitations on
liability can extend to current owners, prospective purchasers, financial
entities, or government entities that have received a parcel through
default.
Quick Facts
Limitations on Liability Yes 0 No D
Number of State-Tracked Contaminated Properties: 485
Includes leaking underground storage tanks and petroleum spills
Number of EPA CERCLIS Sites: 46
Sites identified for potential investigation under the federal Superfund Program
Number of EPA Brownfields Properties: 389
Properties being funded or addressed under the EPA Brownfields Program
There may be some overlap among the categories listed and sites listed may not
represent all potentially contaminated sites in Nevada.
Points of Contact
Nevada Department of Conservation and Natural Resources,
Division of Environmental Protection
State Petroleum Fund
Bennett Kottler, (775) 687-9374
Revolving Loan Fund
Lisa Johnson, IJohnson@ndep.nv.gov, (775) 687-9379
Brownfields Technical Support, Nevada Brownfields Program VCP -
Limitations on Liability
NDEP General Information, (775) 687-9368
Information current as of November 2008; please refer to
www.epa.gov/brownfields/pubs/st_res_prog_report.htm and the state Web sites provided,
or contact the points of contact identified above for more up to date information.
Nevada Incentives for Development of Contaminated Land - Page 2
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