NAC704.1176. Electric utilities: Application to make quarterly adjustments to deferred energy accounting adjustment.

     1. An electric utility must file an application with the Commission pursuant to subsection 10 of NRS 704.110 and must receive approval from the Commission before the electric utility may make quarterly adjustments to its deferred energy accounting adjustment.

     2. An application to make quarterly adjustments to its deferred energy accounting adjustment submitted by an electric utility must include, without limitation:

     (a) The rationale in support of the decision of the electric utility to apply to the Commission for approval to implement quarterly adjustments to its deferred energy accounting adjustment;

     (b) The proposed adjustment dates, filing dates and effective dates for each of the proposed quarterly adjustments to the deferred energy accounting adjustment;

     (c) The methodology proposed to be used to calculate the quarterly adjustments to the deferred energy accounting adjustment and the rationale supporting the selection of the methodology; and

     (d) The amount of the proposed initial quarterly adjustment to the deferred energy accounting adjustment.

     3. If the Commission approves an application for a quarterly adjustment to a deferred energy accounting adjustment, the Commission will specify the adjustment dates, filing dates, effective dates, methodology and amounts to be used by the applicant.

     (Added to NAC by Pub. Utilities Comm’n by R076-11, eff. 5-30-2012)