“Multi-year rate plan” means a rate mechanism under which the Commission sets rates and revenue requirements for a multi-year plan period of more than 36 months, including, without limitation, a plan which authorizes periodic changes in rates, including, without limitation, adjustments to account for inflation or capital investments, without a general rate application.
NRS 704.7617
“Multi-year rate plan” defined
Known as the Utility Environmental Protection Act
The act spans §§ 704–704 (414 sections).
(Added to NRS by 2019, 1188)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.