Nevada Revised Statutes 704.7879 – Penalty for failure by participant to comply with contract or Program. [Effective through the date on which the last contract entered into pursuant to the Program terminates, whether termination is by expiration of …
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If the Commission determines that a participant in the Program has failed to fulfill any requirement of the contract or carry out any duty imposed pursuant to the Program, the Commission shall issue an order requiring the participant to pay to the electric utility an amount equal to the rate which would have been charged but for the participant’s participation in the Program.
Terms Used In Nevada Revised Statutes 704.7879
- Contract: A legal written agreement that becomes binding when signed.