Nevada Administrative Code (Last Updated: January 6, 2015) |
Chapter703 Public Utilities Commission of Nevada |
APPLICATIONS FOR PRIVILEGES, RIGHTS AND AUTHORITY |
Applications for Approval of New or Revised Depreciation Rates |
NAC703.276. Study of depreciation.
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1. An applicant shall provide a study of depreciation based upon the remaining life of existing plant at intervals not exceeding 6 years or as otherwise directed by the Commission or other regulatory or judicial body having jurisdiction over the premises. The study must be filed with the Commission not later than 9 months after the date of the study upon which the proposed depreciation rates are based.
2. An applicant must include in its application statements A, B and C and such schedules, graphs and other information as necessary to support the study and the proposed depreciation rates. The Commission will determine whether this information is sufficient to support the application.
(Added to NAC by Pub. Service Comm’n, eff. 1-6-84; A 12-12-89; A by Pub. Utilities Comm’n by R036-09, 11-25-2009)