1. Except as otherwise provided in subsection 2, any electricity generated by a provider using any system that involves drawing or creating electricity from tires must be deemed to have not come from a renewable energy system for the purpose of complying with a portfolio standard established pursuant to NRS 704.7821 or 704.78213 . 2. For the purpose of complying with a portfolio standard established pursuant to NRS 704.7821 or 704.78213 , a provider shall be deemed to have generated or acquired 0.7 kilowatt-hours of electricity from a renewable energy system for each 1.0 kilowatt-hour of actual electricity generated or acquired from a system that utilizes a reverse polymerization process, if: (a) The system is installed on the premises of a retail customer; and (b) On an annual basis, at least 50 percent of the electricity generated by the system is utilized by the retail customer on that premises. 3. As used in this section: (a) Reverse polymerization process means a process that generates electricity from a tire that: (1) Uses microwave reduction; and (2) Does not involve combustion of the tire. (b) Tire includes any tire for any vehicle or device in, upon or by which any person or property is or may be transported or drawn upon land.
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