NAC704.6671. Definitions.

Latest version.

As used in NAC 704.6671 to 704.6679, inclusive, unless the context otherwise requires:

     1. “Conservation” means the reduction or elimination of the misallocation of energy which occurs when consumption is less than or greater than the level which would exist in optimal market conditions, for a reason such as improper pricing.

     2. “Cost of service” means the average (embedded) or the marginal cost of supplying natural gas.

     3. “Efficiency” means the optimal use of the variable inputs which are necessary for the provision of natural gas.

[Pub. Service Comm’n, Gen. Order 36 § 2.0, eff. 10-14-82]

                    
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