“Cost effective” means that an energy efficiency plan has a benefit-cost ratio of 1.0 or greater as measured by the cost-effectiveness test selected by the Commission, which test must account for the nonenergy benefits of the energy efficiency plan.
NRS 704.7831
“Cost effective” defined
Known as the Utility Environmental Protection Act
The act spans §§ 704–704 (414 sections).
(Added to NRS by 2017, 4291)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.