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Statute 701b 950 — Nevada Law | CourtGPT
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  4. Chapter 701b - Renewable Energy Programsnrs 701b.003 - Definitions. [Effective Through December 31, 2025.]/
  5. Statute 701b 950
Nevada Legal Code

Statute 701b 950

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'Demand response project' means any project, technology, product, service, function or measure, or an aggregation thereof, that changes the usage of electricity by retail customers in this State from the normal consumption patterns in response to: 1. Changes in the price of electricity over time; or 2. Incentive payments designed to induce lower electricity use at times of high market prices or when system reliability is jeopardized. (Added to NRS by 2017, 2535)