Nevada Revised Statutes 704B.050 – ‘Electric utility’ defined
1. ’Electric utility’ means any public utility or successor in interest that:
Terms Used In Nevada Revised Statutes 704B.050
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(a) Is in the business of providing electric service to customers;
(b) Holds a certificate of public convenience and necessity issued or transferred pursuant to chapter 704 of NRS; and
(c) 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.
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.