NAC703.22075. Public utilities furnishing water or services for disposal of sewage: Use of certain factors in application; requests for certain rate increases and surcharges.

A public utility that furnishes water or services for the disposal of sewage, or both, may:

     1. Use the 1/8 formula method, as that term is defined in NAC 704.583, to calculate an allowance for cash working capital, as that term is defined in that section, in an application for adjustments in rates.

     2. Use the range of reasonable returns on equity filed by the Regulatory Operations Staff pursuant to subsection 1 of NAC 704.582 in an application for adjustments in rates.

     3. Submit an application requesting increases in its scheduled rates to offset increased costs of fuel or power used for pumping in its water or sewer operations, or both, as provided in NAC 704.595.

     4. Request a rate surcharge to finance large additions or improvements to a plant, as provided in NAC 704.600.

     (Added to NAC by Pub. Utilities Comm’n by R036-10, eff. 12-16-2010)