NAC701B.250. Alternative method of accounting for costs and revenues of utility.

In lieu of accounting for costs and revenues in the manner set forth in NAC 701B.245, a utility may account for costs and revenues in the following manner:

     1. The utility may recover approved costs through a per-therm surcharge after application and Commission approval.

     2. The utility shall account for costs and revenues on a monthly basis in the following manner:

     (a) Debit the account for costs for implementing and administering the Solar Thermal Program and record monthly;

     (b) Credit the account for the revenues attributable to the Solar Thermal Program rate; and

     (c) Apply a carrying charge equal to one-twelfth of the authorized overall rate of return to the monthly balance.

     3. The accumulated amount in the program account balance must be cleared by establishing a surcharge or credit to amortize the account balance over a 1-year period, unless otherwise specified by the Commission.

     (Added to NAC by Pub. Utilities Comm’n by R210-09, eff. 4-20-2010)