332.320 - Operating cost savings” defined. - Nevada Statutes

332.320  “Operating cost savings” defined.  “Operating 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.

      (Added to NRS by 2003, 3049)