1.  Except as otherwise provided in subsection 5, each public utility which furnishes, for compensation, any water for municipal, industrial or domestic purposes shall adopt a plan of water conservation based on the climate and the living conditions in its service area in accordance with the provisions of NRS 704.6622. The provisions of the plan must only apply to the public utility’s property and its customers.

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2.  As part of the procedure of adopting a plan, the public utility shall provide an opportunity for any interested party, including, but not limited to, any private or public entity that supplies water for municipal, industrial or domestic purposes, to submit written views and recommendations on the plan.

3.  Except as otherwise provided in subsection 6, the plan:

(a) Must be available for inspection by members of the public during office hours at the office of the public utility; and

(b) May be revised from time to time to reflect the changing needs and conditions of the service area. Each such revision must be filed with the Commission and made available for inspection by members of the public within 30 days after its adoption.

4.  The plan must be approved by the Commission before it is put into effect.

5.  In lieu of adopting a plan pursuant to subsection 1, a public utility which is subject to the provisions of NRS 704.095 may elect to comply with a plan of water conservation adopted by the Commission for this purpose.

6.  If the public utility is required by order of the Commission to file a management plan for water resources, the public utility may adopt and file the plan of water conservation with the Commission at the same time it is required to file the management plan for water resources.