NAC704.090. Gas utilities: Termination of deferred energy accounting.

     1. A gas utility that uses deferred energy accounting pursuant to NAC 704.023 to 704.195, inclusive, may apply to the Commission for authority to terminate those accounting procedures. The gas utility may cease using those accounting procedures upon authorization from the Commission.

     2. An application filed pursuant to this section must contain a report showing the Nevada jurisdictional earned rate of return for the specific operating department applying for termination for the most current 12 calendar months.

     3. Within 45 days after the date on which the Commission authorizes termination, the gas utility shall file for the specific operating department which applied for termination a report containing:

     (a) The Nevada jurisdictional earned rate of return for the 12 calendar months ending on the date of termination.

     (b) A statement of the cumulative balance as of the date of termination. The Commission will issue an appropriate order for the disposition of this balance.

     [Pub. Service Comm’n, Gen. Order 21 § 1.23, eff. 11-8-79]—(NAC A 11-3-87; A by Pub. Utilities Comm’n by R100-01, 12-17-2001)