Performance-based rates defined.
Nev. Rev. Stat. § 704.7618
in effectPerformance-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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-704.htmlFetched: 10/4/2026
