Nevada § 704.7575 “Generation asset” defined

Nevada Statutes

§ 704.7575 — “Generation asset” defined

Nevada § 704.7575

Title 58ENERGY; PUBLIC UTILITIES AND SIMILAR ENTITIES

Ch. 704Regulation

Disposal of Generation Assets

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Bluebook

Nev. Rev. Stat. § 704.7575 (2026).

Text

1. “Generation asset” means any plant, facility, equipment or system that:

(a)Converts other forms of energy into electricity or otherwise produces electricity;

(b)Is or was owned, possessed, controlled, leased, operated, administered, maintained, acquired or placed into service by an electric utility before, on or after January 1, 2001;

(c)Is subject, in whole or in part, to regulation by the Commission; and

(d)Is used and useful for the convenience of the public in this State, as determined by the Commission. 2. The term does not include:

(a)Any hydroelectric plant, facility, equipment or system which has a generating capacity of not more than 15 megawatts and which is located on the Truckee River or on a waterway that is appurtenant to or connected to the Truckee River.

(b)Any net

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1. “Generation asset” means any plant, facility, equipment or system that:
(a) Converts other forms of energy into electricity or otherwise produces electricity;
(b) Is or was owned, possessed, controlled, leased, operated, administered, maintained, acquired or placed into service by an electric utility before, on or after January 1, 2001;
(c) Is subject, in whole or in part, to regulation by the Commission; and
(d) Is used and useful for the convenience of the public in this State, as determined by the Commission.
2. The term does not include:
(a) Any hydroelectric plant, facility, equipment or system which has a generating capacity of not more than 15 megawatts and which is located on the Truckee River or on a waterway that is appurtenant to or connected to the Truckee River.
(b) Any net metering system, as defined in NRS 704.771 .