NRS704.7875. Economic Development Electric Rate Rider Program: Establishment; administration by Commission. [Effective through June 30, 2018.]

Latest version.

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)

                    
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