Nev. Admin. Code § 704.9215

Current through August 29, 2024
Section 704.9215 - Summary of resource plan
1. A utility's resource plan must be accompanied by a summary that is suitable for distribution to the public. The summary must contain easily interpretable tables, graphs and maps and must not contain any complex explanations or highly technical language. The summary must be approximately 40 pages in length.
2. The summary must include:
(a) A brief introduction, addressed to the public, describing the utility, its facilities and the purpose of the resource plan, and the relationship between the resource plan and the strategic plan of the utility for the duration of the period covered by the resource plan.
(b) The forecast of low growth, the forecast of high growth and the forecast of base growth of the peak demand for electric energy and of the annual electrical consumption, for the next 20 years, commencing with the year following the year in which the resource plan is filed, both with and without the impacts of programs for energy efficiency and conservation and an explanation of the economic and demographic assumptions associated with each forecast.
(c) A summary of the demand side plan listing each program and its effectiveness in terms of costs and showing the 20-year forecast of the reduction of demand and the contribution of each program to this forecast.
(d) A summary of the preferred plan:
(1) Showing each planned addition to the system for the next 20 years, commencing with the year following the year in which the resource plan is filed, with its anticipated capacity, cost and date of beginning service; and
(2) Explaining how the preferred plan reduces customer exposure to the price volatility of fossil fuels and the potential social cost of carbon as calculated pursuant to subsection 5 of NAC 704.937.
(e) A summary of renewable energy showing how the utility intends to comply with the portfolio standard and listing each existing contract for renewable energy and each existing contract for the purchase of renewable energy credits and the term and anticipated cost of each such contract.
(f) A summary of:
(1) The energy supply plan for the next 3 years setting out the anticipated cost, price volatility and reliability risks of the energy supply plan;
(2) The risk management strategy;
(3) The fuel procurement plan; and
(4) The purchased power procurement plan.
(g) A summary of the distributed resources plan for the next 3 years covered by the action plan of the utility setting out:
(1) The locational benefits and costs of the distributed resources, which may include benefits and costs to the electric grid.
(2) Identified barriers and recommendations to accept or overcome these barriers to the deployment of cost-effective distributed resources and proposed mechanisms pursuant to which cost-effective distributed resources will be deployed, in coordination with existing programs that have been approved by the Commission.
(3) Incremental utility investment or expenditures to be funded for the next 3 years to identify, evaluate and integrate cost-effective distributed resources into the distribution planning process.
(4) A summary of the methods and outcomes of the hosting capacity analysis described by paragraph (b) of subsection 3 of NAC 704.9237.
(5) A summary of forecasted loads and the forecasted growth of distributed energy resources for the electric grid over a 6-year period, at minimum, beginning with the year after the distributed resources plan is filed.
(h) A summary of the activities, acquisitions and costs included in the action plan of the utility.
(i) An integrated evaluation of the components of the resource plan which relates the preferred plan to the objectives of the strategic plan of the utility, and any other information useful in presenting to the public a comprehensive summary of the utility and its expected development.
3. As used in this section, "renewable energy" has the meaning ascribed to it in NRS 704.7811.

Nev. Admin. Code § 704.9215

Added to NAC by Pub. Service Comm'n, eff. 6-7-84; A 5-14-86; 2-18-88; A by Pub. Utilities Comm'n by R004-04, 5-25-2004; R167-05, 2-23-2006; R107-07, 12-4-2007; R042-10, 7-22-2010; A by R027-20A, eff. 10/9/2021
NRS 703.025, 704.210 and 704.741