704.738 - Program of optional pricing for electricity generated from renewable energy: Authorization of Commission required; Commission may authorize higher rates. - Nevada Statutes

704.738  Program of optional pricing for electricity generated from renewable energy: Authorization of Commission required; Commission may authorize higher rates.

      1.  A utility which supplies electricity in this state may apply to the Commission for authority to charge, as part of a program of optional pricing, a higher rate for electricity that is generated from renewable energy.

      2.  The program may provide the customers of the utility with the option of paying a higher rate for electricity to support the increased use by the utility of renewable energy in the generation of electricity.

      3.  As used in this section, “renewable energy” has the meaning ascribed to it in NRS 704.7811.

      (Added to NRS by 1995, 1104; A 2001, 2530, 3253)—(Substituted in revision for NRS 704.743)