Nev. Admin. Code § 362.60 — 362.60

NAC 362.060    Deductions: Electric power. ( NRS 360.090 , 362.120 )
1.  The installation of power and light lines
is a capital charge, while the upkeep and purchase costs of electric power are
operating costs.
2.  When electric power is generated and
distributed to various departments, the upkeep of the power plant must be
written off, and the distribution of the power is an operating cost. New
engines, boilers and similar equipment are chargeable to a capital account.
[Tax Comm’n, Mine Proceeds Reg. No. 8, eff. 6-8-65; A
and renumbered as Reg. No. 4, 1-22-79]—(NAC A by R048-01, 11-1-2001)