703.151 - Duties of Commission in adopting regulations relating to provision of electric service.

703.151  Duties of Commission in adopting regulations relating to provision of electric service.  In adopting regulations pursuant to this title relating to the provision of electric service, the Commission shall ensure that the regulations:

      1.  Protect, further and serve the public interest;

      2.  Provide effective protection for customers who depend upon electric service;

      3.  Provide for stability in rates and for the availability and reliability of electric service;

      4.  Encourage the development and use of renewable energy resources; and

      5.  Require providers of electric service to engage in prudent business management, effective long-term planning, responsible decision making, sound fiscal strategies and efficient operations.

      (Added to NRS by 1997, 1880; A 2001, 342)