NAC702.370. Prepayment of maximum universal energy charge for calendar quarter.

     1. A single retail customer or multiple retail customers under common ownership and control may prepay in the amount of $25,000 the maximum universal energy charge for any calendar quarter. To prepay the maximum universal energy charge for any calendar quarter, not later than 15 calendar days before the first day of the calendar quarter, the single retail customer or multiple retail customers under common ownership and control must:

     (a) Complete a prepayment report on the appropriate form obtained from the Commission;

     (b) Submit the completed prepayment report to the Commission; and

     (c) Remit with the completed prepayment report the maximum universal energy charge in the amount of $25,000.

     2. If a single retail customer or multiple retail customers under common ownership and control prepay the maximum universal energy charge for the calendar quarter in accordance with this section:

     (a) The Commission will provide notice to each affected UEC collector and direct that the UEC collector not collect the universal energy charge from the single retail customer or multiple retail customers under common ownership and control for that calendar quarter; and

     (b) The single retail customer or multiple retail customers under common ownership and control:

          (1) Are excused from further liability for the universal energy charge for that calendar quarter; and

          (2) Are not entitled to a refund of any portion of the prepaid $25,000 on the basis that the actual consumption of natural gas and electricity by the single retail customer or multiple retail customers under common ownership and control did not result in liability for the maximum universal energy charge for that calendar quarter.

     3. If a single retail customer or multiple retail customers under common ownership and control have prepaid the maximum universal energy charge for the current calendar quarter but do not timely prepay the maximum universal energy charge for the next calendar quarter, the Commission will provide notice to each affected UEC collector and direct that the UEC collector collect the universal energy charge from the retail customer or multiple retail customers under common ownership and control beginning with the calendar quarter for which the maximum universal energy charge was not timely prepaid.

     (Added to NAC by Pub. Utilities Comm’n by R124-01, eff. 12-17-2001; A by R210-03, 5-21-2004)