NAC704.161. Gas utilities: Application to make quarterly adjustments to base tariff energy rate.  


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  •      1. Before a gas utility which purchases natural gas for resale may make quarterly adjustments to its base tariff energy rate, the utility must file an application pursuant to subsection 8 of NRS 704.110 and must receive approval from the Commission to adjust its base tariff energy rate on a quarterly basis between annual rate adjustment applications.

         2. The application described in subsection 1 must include, without limitation:

         (a) The rationale in support of the decision of the gas utility to apply to the Commission for approval to implement quarterly adjustments to its base tariff energy rate;

         (b) The proposed filing dates and effective dates for each of the quarterly adjustments to its base tariff energy rate;

         (c) The proposed filing date and effective date for the annual rate adjustment application;

         (d) The methodology proposed to be used to calculate the quarterly adjustments to its base tariff energy rate and the rationale supporting the selection of the methodology; and

         (e) The amount of the proposed initial quarterly adjustment to the base tariff energy rate.

         3. If the Commission approves an application described in subsection 1, the Commission will specify the filing and effective dates, methodology and amounts to be used by the applicant.

     (Added to NAC by Pub. Utilities Comm’n by R202-05, eff. 11-13-2006; A by R076-11, 5-30-2012)