“Performance-based rates” defined.

NRS 704.7618, under REGULATION OF PUBLIC UTILITIES GENERALLY.

NRS 704.7618

NRS 704.7618 “Performance-based rates” defined. “Performance-based rates” means rates that are set or adjusted based on the performance of an electric utility as determined by such performance metrics as the Commission may establish. (Added to NRS by 2019, 1188)