NAC704.791. Audit of distribution company with affiliate: Requirements.

     1. Unless the Commission specifies otherwise, a distribution company with an affiliate shall obtain and pay for an audit 6 months after the affiliate first provides service to customers and once every year thereafter.

     2. The audit required pursuant to subsection 1 must be conducted by an independent auditor selected by the Commission.

     3. The auditor shall determine whether a distribution company has complied with all pertinent regulations, including, without limitation, whether the distribution company has:

     (a) Complied with the separate accounting requirements set forth in NAC 704.7898; and

     (b) Provided information or services to affiliated and nonaffiliated entities on a nondiscriminatory basis.

     4. The auditor shall submit the results of the audit to the Commission.

     5. The Commission will make the results of the audit available for public inspection.

     6. Any person may submit comments on the final audit report.

     (Added to NAC by Pub. Utilities Comm’n by R087-98, eff. 2-3-99)