NAC703.200. Specific requirements for water and sewer companies that are no longer exempt.

In the case of an application by a water or sewer company that is no longer exempt under NRS 704.021, in addition to the information required by NAC 703.175 and 703.190 or 703.195, an application must include:

     1. A balance sheet as of the date the utility reached the statutory jurisdictional requirements of gross revenues and number of customers of NRS 704.021.

     2. A schedule of accounts showing the original cost of any plant in service as of the date of the balance sheet or an estimate of the cost of any plant proposed by a new water company, or both a schedule of accounts and an estimate of costs.

     3. A depreciation schedule by account for each plant showing the method and rate of depreciation, and accumulated depreciation as of the date of the balance sheet.

     4. An operating statement for the most recent 12-month period ending on the date of the balance sheet, showing operating revenues and expenses.

     5. A statement showing the number of customers being served as of the date of the balance sheet.

     6. A statement of the rates for service charged by the utility from the date of the utility’s inception to and including the date of filing of the application for a certificate. Rates for service may not be increased without an order of the Commission that approves the new rates after the utility has reached the jurisdictional requirements of gross revenues and number of customers set forth in NRS 704.021. An application pursuant to the provisions established for pleadings and motions and the requirements for public utilities requesting adjustments in rates must be filed if the utility proposes to increase its existing rates or charges. No application may be filed pursuant to NRS 704.100 until the utility has been issued a certificate of public convenience and necessity by the Commission.

     [Pub. Service Comm’n, Gen. Order 3 part § 19.020, eff. 1-1-79]—(NAC A 3-19-87; A by Pub. Utilities Comm’n by R079-99, 11-16-99)