NRS 704.7575
“Generation asset” defined.

1.

“Generation asset” means any plant, facility, equipment or system that:

(a)

Converts other forms of energy into electricity or otherwise produces electricity;

(b)

Is or was owned, possessed, controlled, leased, operated, administered, maintained, acquired or placed into service by an electric utility before, on or after January 1, 2001;

(c)

Is subject, in whole or in part, to regulation by the Commission; and

(d)

Is used and useful for the convenience of the public in this State, as determined by the Commission.

2.

The term does not include:

(a)

Any hydroelectric plant, facility, equipment or system which has a generating capacity of not more than 15 megawatts and which is located on the Truckee River or on a waterway that is appurtenant to or connected to the Truckee River.

(b)

Any net metering system, as defined in NRS 704.771.

Source: Section 704.7575 — “Generation asset” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-704.­html#NRS704Sec7575.

Last Updated

Jun. 24, 2021

§ 704.7575’s source at nv​.us