NAC703.22065. Certain public utilities furnishing water for municipal, industrial or domestic purposes or services for disposal of sewage: Inclusion in general rate application of actual expenses to prepare and present application.

     1. A public utility that furnishes water for municipal, industrial or domestic purposes or services for the disposal of sewage, or both, and files a general rate application pursuant to paragraph (c) or (d) of subsection 3 of NRS 704.110:

     (a) May include in the general rate application the actual expenses to prepare and present the application that are incurred by the public utility during the 6 months immediately following the test period; and

     (b) Must defer to a subsequent general rate application the actual expenses to prepare and present a general rate application that are incurred by the public utility more than 6 months after the test period.

     2. As used in this section, “test period” means the 12 months shown in the general rate application for which the recorded results of the utility’s revenues, expenses, investments and costs of capital were available when the application was prepared.

     (Added to NAC by Pub. Utilities Comm’n by R043-08, eff. 9-18-2008)