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NRS 704.7618

“Performance-based rates” defined

Known as the Utility Environmental Protection Act

The act spans §§ 704–704 (414 sections).

(Added to NRS by 2019, 1188)

“Performance-based rates” means rates that are set or adjusted based on the performance of an electric utility as determined by such performance metrics as the Commission may establish.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.