RTC Policy Finder

District to Finance Certain Energy Efficiency Improvement Projects and Renewable Energy 

The State of Nevada allows municipalities to create districts to finance certain energy efficiency and/or renewable energy projects. Under NRS 271.6312, it is specified that improvements must be made to industrial or commercial property. Qualified improvement projects can be financed through assessments on the real property that secures financing obtained from a capital provider and may also have additional bonds issued to support the project. More information about how financing is to be obtained is available in the law code.

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Date Updated:

01/27/2023