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 Nevada Administrative Code (Last Updated: January 6, 2015)
 Chapter704 Regulation of Public Utilities Generally
  ELECTRIC SERVICE
  System of Portfolio Energy Credits

  NAC704.8937. Responsibilities of utility provider; adoption by reference and revision of certain federal regulations.

Latest version.

  •      1. A utility provider shall:

         (a) Account for portfolio energy credits by using General Instruction 21 as set forth in the Uniform System of Accounts of the Federal Energy Regulatory Commission in 18 C.F.R. Part 101, which is hereby adopted by reference. The volume of the Code of Federal Regulations which contains Part 101 may be purchased by mail from the Superintendent of Documents, United States Government Printing Office, P.O. Box 979050, St. Louis, Missouri 63197-9000, by toll-free telephone at (866) 512-1800 or on the Internet at http://bookstore.gpo.gov, for the price of $68. The volume may be accessed free of charge on the Internet at http://www.gpoaccess.gov/cfr/index.html.

         (b) Substitute FERC Account No. 555, which is adopted by reference pursuant to NAC 704.120, for FERC Account Nos. 411.8, 411.9 and 509.

         (c) Maintain subaccounts for portfolio energy credits that are separate from all other items in FERC Account No. 555.

         (d) Apply for the inclusion of any losses or gains from the purchase or sale of portfolio energy credits in each deferred energy application filed pursuant to NAC 704.023 to 704.195, inclusive.

         2. If the publication adopted by reference pursuant to subsection 1 is revised, the Commission will review the revision to determine its suitability for this State. If the Commission determines that the revision is not suitable for this State, the Commission will hold a public hearing to review its determination and give notice of that hearing within 6 months after the date of the publication of the revision. If, after the hearing, the Commission does not revise its determination, the Commission will give notice that the revision is not suitable for this State within 30 days after the hearing. If the Commission does not give such notice, the revision becomes part of the publication adopted by reference pursuant to subsection 1.

         3. As used in this section, “FERC account” means an account contained in the Uniform System of Accounts established by the Federal Energy Regulatory Commission.

     (Added to NAC by Pub. Utilities Comm’n by R115-03, eff. 2-18-2004; A by R167-05, 2-23-2006; R051-09, 1-28-2010)