NAC704.9225. Forecasts of peak demand and annual energy consumption: General requirements.

     1. A utility’s resource plan must contain a series of forecasts of the peak demand and annual energy consumption that represent the range of future load which its system may be required to serve. The range of future peak demand and energy consumption must be based upon and consistent with the upper and lower limits of expected economic and demographic change in the utility’s service territory in the next 20 years, commencing with the year following the year in which the resource plan is filed, as follows:

     (a) A forecast of high growth;

     (b) A forecast of base growth; and

     (c) A forecast of low growth.

     2. In each of the forecasts described in subsection 1, the utility shall account for customer response to changes in the prices of electric energy and substitute energy sources and to the impacts of existing and proposed programs undertaken by the utility or required by governmental regulation to alter current energy use patterns.

     3. To the extent data is available, peak demand must be forecasted before accounting for the effects of cogeneration.

     4. The utility shall maintain internal consistency among its forecasts. The forecast of peak demand must be consistent with the forecast of energy consumption and must be based on data which is normalized for weather pursuant to NAC 704.9245.

     (Added to NAC by Pub. Service Comm’n, eff. 6-7-84; A 2-18-88; A by Pub. Utilities Comm’n by R004-04, 5-25-2004)