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 Nevada Administrative Code (Last Updated: January 6, 2015)
 Chapter704 Regulation of Public Utilities Generally
  DEFERRED ACCOUNTING

  NAC704.145. Additional requirements for deferred energy accounts; accounts relating to income taxes.  

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  •      1. FERC Account No. 182.3 or, if appropriate, FERC Account Nos. 254 and 557 must be used in Nevada jurisdictional electric operations for deferred energy accounting to record monthly entries in the manner prescribed in NAC 704.101 and 704.105.

         2. FERC Account Nos. 191 and 805.1 must be used in Nevada jurisdictional gas operations to record the monthly entries in the manner prescribed in NAC 704.101 and 704.105.

         3. The contra entries to the deferred energy accounts referred to in subsections 1 and 2 must be made to a subaccount of FERC Account No. 557, for electric cost differentials, and FERC Account No. 805.1, for gas cost differentials.

         4. The income tax effect applicable to the debit and credit entries to the deferred energy accounts set forth in NAC 704.023 to 704.195, inclusive, must be recorded in the following FERC accounts:

         (a) FERC Account No. 410.1                                        -Provision for deferred income taxes, utility operating income.

         (b) FERC Account No. 283                                           -Accumulated deferred income taxes, other.

         (c) FERC Account No. 411.1                                        -Provision for deferred income taxes, credit, utility operating income.

         (d) FERC Account No. 190                                           -Accumulated deferred income taxes.

         (e) FERC Account No. 409.1                                        -Income taxes, utility operating income.

         (f) FERC Account No. 236                                           -Taxes accrued.

    Ê These accounts must be maintained so as to separate the income tax effect between electric and gas operations. The accounts must be maintained in a manner consistent with FERC Account No. 191, for gas operations, and FERC Account No. 182.3 or 254, for electric operations.

     [Pub. Service Comm’n, Gen. Order 21 § 4.0, eff. 11-8-79; A 8-21-81]—(NAC A 11-3-87; A by Pub. Utilities Comm’n by R100-01, 12-17-2001; R071-07, 10-31-2007; R051-09, 1-28-2010)