NAC703.2687. Statement P.

Statement P must be used to disclose:

     1. Any change in presentation for rate-making purposes and any change in accounting methods, procedures and allocations adopted during the 3 years immediately preceding the filing date of the application in question or in the period since the year of testing presented in the prior case for general rates, whichever is shorter. If the change will increase or decrease the applicant’s current requirements for revenue by more than $25,000 or one-hundredth of 1 percent of the overall rate of return for the period of testing, whichever is smaller, the disclosure must include a description of the new method, the old method and a calculation illustrating any effect of the change upon the applicant’s weighted cost of capital, rate base or summary of earnings.

     2. Any categories of expense or rate base which have been considered and disallowed by the Commission in a previous case and a full explanation of the new facts and policy considerations offered for each item proposed.

     [Pub. Service Comm’n, Gen. Order 3 Rule 16-A § 38, eff. 10-14-82]—(NAC A 1-6-84)