NAC704.9113. “Long-term purchased power obligation” defined.  


Latest version.
  • “Long-term purchased power obligation” means:

         1. A long-term portfolio energy credits contract, long-term renewable energy contract or energy efficiency contract that must be submitted to the Commission for approval pursuant to NAC 704.8885; and

         2. Any other contract, including a multiple seasonal contract, with a term of more than 3 years.

     (Added to NAC by Pub. Service Comm’n, eff. 7-31-91; A by Pub. Utilities Comm’n by R144-01, 5-31-2002; R004-04, 5-25-2004; R064-10, 10-15-2010)