NAC704A.240. Advances before construction.

     1. Before the commencement of construction, the utility shall require the applicant to advance in cash 50 percent of the utility’s estimated cost of furnishing and installing the underground facilities, if:

     (a) The average lot within the new residential development, as calculated in accordance with NAC 704A.080, does not exceed 75 feet; and

     (b) The underground extension to the development, as calculated in accordance with NAC 704A.260, does not exceed 100 feet.

Ê The cash advance must be refunded pursuant to the terms and conditions of NAC 704A.250.

     2. If the average footage of the lots within the new residential development exceeds 75 feet, or the underground extension to it exceeds 100 feet, the utility shall require the additional cost attributable to any footage in excess of the 75-foot and 100-foot allowances to be advanced in cash by the applicant before the commencement of construction. This advance must be accounted for as a nonrefundable contribution in aid of construction. Any portion of the contribution attributable to footage in excess of the 100-foot allowance must be based upon the distance by the most direct route between the nearest line or source of sufficient capacity and the closest boundary of the development.

     3. The utility shall make available for the applicant’s inspection the utility’s estimated allocation of general and administrative costs and an itemized breakdown of the utility’s estimated labor and material costs relative to each new residential development. After the underground installation of any of its facilities in a new residential development, the utility shall keep on file a record relative to the development which sets forth the allocated general and administrative costs, together with an itemized breakdown of the utility’s actual labor and material costs. The record must be kept on file for 3 years after the date on which the utility obtains approval of its underground construction and installation plans from a public authority, and during the 3-year period the record must be available for inspection by the applicant.

     4. The utility shall pay the applicant interest for the first 6 months on the refundable cash advance held by the utility pursuant to subsection 1. The utility has no obligation to pay interest to the applicant on any other cash advance, whether it is refundable or nonrefundable. The interest rate payable for the first 6 months must be at an annual rate equal to the lowest interest rate then available to the particular utility on a borrowing of 1 year or less from a commercial bank.

     [Pub. Service Comm’n, Gen. Order 9 Rule J, eff. 11-1-69]—(NAC A 3-15-84)