Section 704.95225 - Recovery of certain amounts based on measurable and verifiable effects of implementation of programs for energy efficiency and conservation1. An electric utility may recover an amount based on the measurable and verifiable effects of the implementation by the electric utility of programs for energy efficiency and conservation described in the demand side plan of the electric utility and approved by the Commission pursuant to NAC 704.9494 as part of the action plan of the electric utility. The amount recovered must include: (a) The costs reasonably incurred by the electric utility in implementing and administering the programs for energy efficiency and conservation, which are recovered pursuant to paragraph (a) of subsection 2 of NAC 704.9523; and(b) An amount equal to the costs reasonably incurred by the electric utility in implementing and administering the programs for energy efficiency and conservation multiplied by the electric utility's authorized overall rate of return grossed up for taxes applicable to the utility's equity portion of the authorized rate of return, which is recovered pursuant to paragraph (b) of subsection 2 of NAC 704.9523.2. The Commission will consider the effect of any recovery pursuant to this section on the rates of the customers of the electric utility.Nev. Admin. Code § 704.95225
Added to NAC by Pub. Utilities Comm'n by R042-10, eff. 7-22-2010; A by R046-15, eff. 10/27/2015; A by R055-18A, eff. 6/13/2019NRS 703.025, 704.210 and 704.785