Cost effective defined.
Nev. Rev. Stat. § 704.7364
in effectCost effective means an energy efficiency plan or energy efficiency program has a benefit-cost ratio of 1.0 or greater as determined by the Commission, using a test of the cost effectiveness of the plan or program that:
1. Is selected by the Commission; and
2. Accounts for any non-energy benefits of the plan or program.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-704.htmlFetched: 10/4/2026