{"data":{"id":"us-nv/nrs-704.7575","jurisdiction":"us-nv","citation":"NRS 704.7575","heading":"“Generation asset” defined.","body":"1. “Generation asset” means any plant, facility, equipment or system that:\n(a) Converts other forms of energy into electricity or otherwise produces electricity;\n(b) Is or was owned, possessed, controlled, leased, operated, administered, maintained, acquired or placed into service by an electric utility before, on or after January 1, 2001;\n(c) Is subject, in whole or in part, to regulation by the Commission; and\n(d) Is used and useful for the convenience of the public in this State, as determined by the Commission.\n2. The term does not include:\n(a) Any hydroelectric plant, facility, equipment or system which has a generating capacity of not more than 15 megawatts and which is located on the Truckee River or on a waterway that is appurtenant to or connected to the Truckee River.\n(b) Any net metering system, as defined in NRS 704.771.","path":["TITLE 58 — ENERGY; PUBLIC UTILITIES AND SIMILAR ENTITIES","CHAPTER 704 - REGULATION OF PUBLIC UTILITIES GENERALLY","ELECTRIC SERVICE","Disposal of Generation Assets"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-704.html#NRS704Sec7575","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:47Z","sha256":"833de90afead4d86069132bfda00830af9f163fad7666837532ef053b9e93d2b","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-704.7571","next":"us-nv/nrs-704.7578"},"notice":"GroundRules: Original legal text. Not legal advice."}