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Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 704.716. Calculation of amount of adjustment;  effect on rates, prices and charges

Current as of January 01, 2021 | Updated by FindLaw Staff

1. The amount of the adjustment must:

(a) Permit the applicant to recover the cost of the conversion, net of any taxes which may be imposed on the applicant for revenue received because of the adjustment, within the period of recovery authorized by the Commission.

(b) Be at least two-thirds, but not more than three-fourths, of the cost of the fuel saved.

2. The Commission shall not recognize, when calculating any rate, price or charge, other than the amount of the adjustment, the costs of the conversion subject to the requirements of this section.

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Cite this article: FindLaw.com - Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 704.716. Calculation of amount of adjustment;  effect on rates, prices and charges - last updated January 01, 2021 | https://codes.findlaw.com/nv/title-58-energy-public-utilities-and-similar-entities/nv-rev-st-704-716/

Read this complete Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 704.716. Calculation of amount of adjustment;  effect on rates, prices and charges on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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