"Deferred energy accounting" means an accounting practice which provides for the monthly deferral of increased or decreased energy costs experienced during a specific period and the amortization of those costs during a subsequent period to the extent that:
1. An electric utility does not collect more or less than its actual cost of fuel for electric generation and purchased power which is prudently incurred; or2. A gas utility does not collect more or less than its actual cost of purchased gas which is prudently incurred.Nev. Admin. Code § 704.035
Pub. Service Comm'n, Gen. Order 21 § 2.6, eff. 11-8-79-NAC A 11-3-87; A by Pub. Utilities Comm'n by R100-01, 12-17-2001NRS 703.025, 704.185, 704.187, 704.210