NAC703.2507. Notice of intent to file application for adjustment in rates.

     1. If a public utility that provides telecommunication services proposes to increase its annual gross revenue by at least 10 percent or by more than $50,000, it must provide written notice of its intent to file an application for adjustments in rates to:

     (a) The Secretary of the Commission;

     (b) The Regulatory Operations Staff; and

     (c) The Consumer’s Advocate.

     2. The written notice must be filed at least 60 days before the anticipated date for filing the application for adjustments in rates. If the public utility files the written notice, it is not required to file the application for adjustments in rates on the anticipated filing date or any time thereafter.

     3. The written notice must contain a list of the components on which the public utility expects to base its application for adjustments in rates, including:

     (a) Cost of capital;

     (b) Depreciation;

     (c) Cost of service, including any study of the cost of service;

     (d) Design of the proposed rates; and

     (e) Any other material issues known at the time the notice is filed.

     (Added to NAC by Pub. Service Comm’n, eff. 7-7-94; A by Pub. Utilities Comm’n by R036-10, 12-16-2010)