Nev. Admin. Code § 701B.250

Current through December 12, 2024
Section 701B.250 - Alternative method of accounting for costs and revenues of utility

In lieu of accounting for costs and revenues in the manner set forth in NAC 701B.245, a utility may account for costs and revenues in the following manner:

1. The utility may recover approved costs through a per-therm surcharge after application and Commission approval.
2. The utility shall account for costs and revenues on a monthly basis in the following manner:
(a) Debit the account for costs for implementing and administering the Solar Thermal Program and record monthly;
(b) Credit the account for the revenues attributable to the Solar Thermal Program rate; and
(c) Apply a carrying charge equal to one-twelfth of the authorized overall rate of return to the monthly balance.
3. The accumulated amount in the program account balance must be cleared by establishing a surcharge or credit to amortize the account balance over a 1-year period, unless otherwise specified by the Commission.

Nev. Admin. Code § 701B.250

Added to NAC by Pub. Utilities Comm'n by R210-09, eff. 4-20-2010

NRS 701B.336, 701B.342, 703.025