Nev. Rev. Stat. § 704.7364

“Cost effective” defined

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NRS 704.7364  “Cost effective” defined.  “Cost effective” means an energy efficiency plan or energy efficiency program has a benefit-cost ratio of 1.0 or greater as determined by the Commission, using a test of the cost effectiveness of the plan or program that:

      1.  Is selected by the Commission; and

      2.  Accounts for any non-energy benefits of the plan or program.

      (Added to NRS by 2017, 937)