“Multi-year rate plan” defined.

NRS 704.99036 “Multi-year rate plan” defined. “Multi-year rate plan” means a rate mechanism under which the Commission sets rates and revenue requirements for a multi-year plan period of more than 36 months, including, without limitation, a plan which authorizes periodic changes in rates, including, without limitation, adjustments to account for inflation or capital investments, without a general rate application. (Added to NRS by 2025, 2891)