AB449

Nevada AB449 revises regulations for public utilities, particularly water and sewage services, to adjust thresholds and procedures for rate changes.

Nevada AB449 modifies existing regulations for public utilities, particularly those providing water and sewage services. The bill adjusts the threshold for gross sales from $2 million to $4 million for utilities serving 4,000 or fewer persons. It also revises the criteria for small-scale providers of last resort to file letters of advice instead of formal applications for rate changes. The bill specifies that these letters must be filed within five years of a final order from the Public Utilities Commission of Nevada.