NAC703.2245. Recorded data and adjustments.

     1. Amounts which purport to represent recorded data and are included in a statement or schedule must be reported in a separate column or columns. Adjustments to recorded data must also be reported in a separate column or columns so that the recorded data, the adjustments thereto and the adjusted amounts are clearly disclosed.

     2. If a utility includes adjustments which will be experienced and certified pursuant to subsection 3 of NRS 704.110, such adjustments must be reported in a separate column or columns so that the recorded data, the adjustments thereto and the certification adjustments, if any, are clearly disclosed.

     3. If the utility includes, pursuant to subsection 4 of NRS 704.110, adjustments which show the effects, on an annualized basis, of all expected changes in circumstances that are reasonably known and measurable with reasonable accuracy, such adjustments must be reported in a separate column or columns so that the recorded data, adjustments to recorded data, certification adjustments, if any, and adjustments that show the effects of all expected changes in circumstances, including directly attributable or associated offsets in revenue and expenses as required by paragraph (a) of subsection 4 of NRS 704.110, are clearly disclosed.

     4. All adjustments to recorded data which are submitted pursuant to subsection 1, 2 or 3 must be supported by workpapers detailing the calculations, units, unit rates and any other accounting or financial data necessary to completely explain and justify the proposed adjustments.

     5. The applicant shall calculate all adjustments which are submitted pursuant to subsection 1, 2 or 3 to show the annual effect of the change in units or in the unit rate, or both, upon the applicant’s weighted cost of capital, rate base or summary of earnings.

     [Pub. Service Comm’n, Gen. Order 3 Rule 16 § 9, eff. 10-14-82]—(NAC A by Pub. Utilities Comm’n by R049-06, 11-13-2006; R036-09, 11-25-2009)