NAC704.8957. Duties of electric utility that provides discounted electric rates.  


Latest version.
  •      1. An electric utility that provides discounted electric rates pursuant to the Program shall:

         (a) Establish a tariff pursuant to which a participant will be charged the discounted electric rates set forth in NAC 704.8955. A tariff established pursuant to this paragraph must include a rate component which, when combined with the base tariff energy rate, will result in the required reduction in the base tariff energy rate. The inclusion of a rate component pursuant to this paragraph is not required to be listed separately in the utility’s tariff.

         (b) Recover the amount of any discount provided to a participant in the Program by recording the amount in the deferred energy balance.

         (c) Distribute as payment to each of the utility’s customers any amount recovered by order of the Commission pursuant to NRS 704.7879, and record the amount in the deferred energy balance.

         2. As used in this section, “deferred energy balance” has the meaning ascribed to it in NAC 704.045.

     (Added to NAC by Pub. Utilities Comm’n by R072-13, eff. 12-23-2013)