704B.050 - “Electric utility” defined. - Nevada Statutes

704B.050  “Electric utility” defined.

      1.  “Electric utility” means any public utility or successor in interest that:

      (a) Is in the business of providing electric service to customers;

      (b) Holds a certificate of public convenience and necessity issued or transferred pursuant to chapter 704 of NRS; and

      (c) In the most recently completed calendar year or in any other calendar year within the 7 calendar years immediately preceding the most recently completed calendar year, had a gross operating revenue of $250,000,000 or more in this state.

      2.  The term does not include a cooperative association, nonprofit corporation, nonprofit association or provider of electric service which is declared to be a public utility pursuant to NRS 704.673 and which provides service only to its members.

      (Added to NRS by 2001, 3223)