LegalFix
Sign In

NRS 704.7875 - Economic Development Electric Rate Rider Program: Establishment; administration by Commission. [Effective through the date on which the last contract entered into pursuant to the Program terminates, whether termination is by expiration of the terms or otherwise.]

NV Rev Stat § 704.7875 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

1. The Economic Development Electric Rate Rider Program is hereby established for the purpose of attracting new commercial and industrial businesses to this State. The Commission, in consultation with the Office of Economic Development, shall administer the Program.

2. Each electric utility in this State shall set aside an amount of capacity determined by the Commission for allocation to new customers pursuant to the Program, but the total amount of capacity that the Commission may require to be set aside by all electric utilities in this State pursuant to this subsection must not exceed 50 megawatts.

(Added to NRS by 2013, 3207; A 2014, 28th Special Session, 10)

Previous Section
NRS 704.7874 - “Program” defined. [Effective through the date on which the last contract entered into pursuant to the Program terminates, whether termination is by expiration of the terms or otherwise.]
Next Section
NRS 704.7876 - Participation in Program: Application; eligibility requirements; determination and initial approval. [Effective through the date on which the last contract entered into pursuant to the Program terminates, whether termination is by expiration of the terms or otherwise.]