Section 704.8955 - Discounted electric rates to be chargedThe discounted electric rates that an electric utility shall charge pursuant to the Program must be:
1. In the first and second year of a contract entered into pursuant to NRS 704.7877, no reduction in the base tariff energy rate.2. In the third and fourth year of a contract entered into pursuant to NRS 704.7877, a reduction of 30 percent in the base tariff energy rate.3. In the fifth, sixth, seventh and eighth year of a contract entered into pursuant to NRS 704.7877, a reduction of 20 percent in the base tariff energy rate.4. In the ninth and tenth year of a contract entered into pursuant to NRS 704.7877, a reduction of 10 percent in the base tariff energy rate.Nev. Admin. Code § 704.8955
Added to NAC by Pub. Utilities Comm'n by R072-13, eff. 12-23-2013; A by R005-15, eff. 6/26/2015; A by R031-21A, eff. 4/11/2022NRS 703.025, 704.210, 704.7881, as amended by section 46 of Senate Bill No. 448, chapter 552, Statutes of Nevada 2021, at page 3801