NAC701B.135. Accounting for costs and revenues of utility; recovery of utility’s labor costs and overhead costs.

     1. All reasonable and prudent costs associated with carrying out and administering the Solar Program must be accounted for in the books and records of a utility separately from amounts attributable to any other activity. The utility must account for the costs and revenues in the following manner:

     (a) Calculate, on a monthly basis, the costs incurred and revenues received in the Solar Program since the end of the test period in its last proceeding to change the Solar Program rate;

     (b) Record the cost of the Solar Program in a separate subaccount of FERC Account No. 182.3 and record an offset in the appropriate subaccount of other FERC accounts;

     (c) Maintain subsidiary records of the subaccount of FERC Account No. 182.3 which must clearly delineate, without limitation, the incentives, contractor costs, marketing costs, training costs and utility administrative costs associated with the Solar Program;

     (d) Record in the subaccount of FERC Account No. 182.3 the revenues attributable to the rate established pursuant to NAC 701B.140 to recover the Solar Program cost; and

     (e) Apply a carrying charge at the rate of 1/12 of the authorized rate of return to the monthly ending balance in the subaccount of FERC Account No. 182.3.

     2. The utility’s labor costs and overhead costs related to the Solar Program must be recovered in a general rate case filing.

     (Added to NAC by Pub. Utilities Comm’n by R175-07, eff. 4-17-2008; A by R051-09, 1-28-2010)