Energy

SB 132 appropriates $500,000 from the State General Fund to the Nevada Clean Energy Fund to support qualified clean energy projects in Nevada. This funding covers temporary project funding ("bridge funding"), technical assistance for state/local agencies, and administrative costs for the fund. The fund must submit two reports detailing how the money was spent to the Interim Finance Committee by late 2026 and 2027, and any unused funds must be returned to the State General Fund by September 17, 2027. The bill directly affects clean energy projects receiving grants and requires strict financial accountability for the state funds allocated.

AB 458 modifies Nevada's energy laws to support solar-powered affordable housing. It allows residents of such housing to participate in net metering (earning credits for excess solar power fed back to the grid) and exempts owners/operators from certain utility regulations. The bill also revises the "expanded solar access program" to limit eligibility solely to low-income residential customers, requires utilities to offer lower rates for these customers using Nevada Clean Energy Fund support, and updates community solar project rules to allow larger systems (up to 5 MW) with prioritized grid-resilient sites. These changes aim to expand access to solar benefits for affordable housing residents and low-income households while adjusting how utilities administer solar programs.