Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
ELECTRIC SERVICE
Resource Planning
Section 704.9215 - Summary of resource plan
Universal Citation: NV Admin Code 704.9215
Current through September 16, 2024
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.
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
Disclaimer: These regulations may not be the most recent version. Nevada may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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