704.7571 - “Electric utility” defined.
704.7571 “Electric utility” defined.
1. “Electric utility” means:
(a) Any public utility or successor in interest that:
(1) Is in the business of providing electric service to customers;
(2) Holds a certificate of public convenience and necessity issued or transferred pursuant to this chapter; and
(3) In the most recently completed calendar year or in any other calendar year within the 7 calendar years immediately preceding the most recently completed calendar year, had a gross operating revenue of $250,000,000 or more in this state;
(b) A subsidiary or affiliate of such a public utility;
(c) A holding company or other person that holds a controlling interest in such a public utility; and
(d) A successor in interest to any public utility, subsidiary, affiliate, holding company or person described in paragraph (a), (b) or (c).
2. The term does not include a cooperative association, nonprofit corporation, nonprofit association or provider of electric service which is declared to be a public utility pursuant to NRS 704.673 and which provides service only to its members.
(Added to NRS by 2001, 343)