Nevada Administrative Code — Title 32 (Revenue and Taxation)
Nev. Admin. Code § 362.362 — 362.362
NAC 362.362 Repowering defined. ( NRS 360.090 , 362.120 ) Repowering
means to:
1. Remove any inefficient, obsolete or aging
equipment that is used in the production stream of a geothermal resource; and
2. Replace that equipment with any new technology
or equipment that increases or may increase the efficiency of the processing of
the geothermal resource.
(Added to NAC by Tax Commn by R012-07, eff. 10-31-2007)
Source: official text