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2020 Nevada Revised Statutes
Chapter 704 - Regulation of Public Utilities Generally
NRS 704.7616 - "Formula rates" defined.
Universal Citation: NV Rev Stat § 704.7616 (2020)
"Formula rates" means rates that are periodically adjusted based on a predetermined formula approved by the Commission without the need for an electric utility to file a general rate application pursuant to NRS 704.110.
(Added to NRS by 2019, 1188)
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