Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
ELECTRIC SERVICE
Resource Planning
Section 704.9486 - Performance-based methodology for recovery of costs for natural gas used as fuel for generation: Proposal for establishment; report of results
Current through September 16, 2024
1. As part of its energy supply plan, a utility may propose the establishment of a performance-based methodology for the recovery of costs for natural gas used as a fuel for generation. Any proposed performance methodology must be based upon objective standards and criteria.
2. A proposal for the establishment of a performance-based methodology for the recovery of costs for natural gas must include information sufficient to enable the Commission to evaluate the proposal, including, without limitation:
3. If the Commission authorizes a performance-based methodology, the utility shall report the results of the methodology approved by the Commission in the deferred energy application filed by the utility pursuant to NAC 704.023 to 704.195, inclusive. At a minimum, the report must cover the period between the adjustment date for the most recent deferred energy application and the adjustment date for the application which includes the report of the results of the approved methodology.
4. As used in this section, "adjustment date" has the meaning ascribed to it in NAC 704.024.
Added to NAC by Pub. Utilities Comm'n by R004-04, eff. 5-25-2004
NRS 703.025, 704.210, 704.741