Operating cost savings defined.
Nev. Rev. Stat. § 332.320
in effectOperating cost savings means any expenses that are eliminated or avoided on a long-term basis as a result of the installation or modification of equipment, or services performed by a qualified service company. The term does not include any savings that are realized solely because of a shift in the cost of personnel or other similar short-term cost savings.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-332.htmlFetched: 10/4/2026
