Bill > AB449

This bill revises regulations for public utilities, particularly those providing water or sewage services, by expanding the qualifying criteria for simplified rate-change procedures. Under the new provisions, utilities serving up to 4,000 persons (increased from 3,000) with gross sales up to $4,000,000 (up from $2,000,000) can use streamlined rate adjustment methods. The bill allows these utilities to file letters of advice to change rates and fees based on a nationally recognized inflation index approved by the Public Utilities Commission of Nevada. Additionally, the legislation increases the threshold for submitting a letter of advice instead of a full application, raising the potential revenue increase from $15,000 to $100,000 for most public utilities. The bill maintains existing provisions for small-scale providers of last resort, who have separate rules for submitting letters of advice, and continues to provide flexibility for utilities to adjust rates with reduced administrative burden while maintaining regulatory oversight.

Transportation and Infrastructure

https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12657/Overview