Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
ACCOUNTING PRACTICES AND RATE MAKING FOR CERTAIN UTILITIES
Adjustment of Rates in Conformity With Federal Tax Reform
Section 704.6518 - "Reverse South Georgia method" defined
Universal Citation: NV Admin Code 704.6518
Current through December 31, 2024
"Reverse South Georgia method" means a method whereby a taxpayer computes the excess tax reserve on all public utility property included in the plant account on the basis of the weighted average life or composite rate used to compute depreciation for regulatory purposes and reduces the excess tax reserve ratably over the remaining regulatory life of the property.
Added to NAC by Pub. Service Comm'n, eff. 8-31-89
NRS 703.025, 704.210
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