Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
ELECTRIC SERVICE
Resource Planning
Section 704.9494 - Approval of action plan; determination that elements of energy supply plan are prudent; recovery of costs to carry out approved plans
Current through September 16, 2024
1. The Commission will issue an order:
2. An action plan shall be deemed to be approved by the Commission only as to that portion of the plan accepted as filed or modified with the consent of the utility pursuant to subsection 1 of NRS 704.751.
3. Approval by the Commission of an action plan constitutes a finding that the programs and projects contained in that action plan, other than the energy supply plan and distributed resources plan, are prudent, including, without limitation, construction of facilities, purchased power obligations, programs for energy efficiency and conservation and impacts of imputed debt calculations associated with renewable energy contracts or energy efficiency contracts. If the Commission subsequently determines that any information relied upon when issuing its order approving or modifying the action plan was based upon information that was known or should have been known by the utility to be untrue or false at the time the information was presented, the Commission may revoke, rescind or otherwise modify its approval of the action plan.
4. If, at the time that the Commission approves the action plan of the utility, the Commission determines that the elements of the energy supply plan are prudent, the Commission will specifically include in the approval of the action plan its determination that the elements contained in the energy supply plan are prudent. For the Commission to make a determination that the elements of the energy supply plan are prudent:
Failure by a utility to demonstrate that its energy supply plan is prudent in accordance with this subsection does not otherwise affect approval of the action plan, including the energy supply plan, and the utility may subsequently seek a determination that the energy supply plan is prudent in the appropriate deferred energy proceeding.
5. If, at the time that the Commission approves the action plan of the utility, the Commission determines that the elements of the distributed resources plan are prudent, the Commission will specifically include in the approval of the action plan its determination that the elements contained in the distributed resources plan are prudent. For the Commission to make a determination that the elements of the distributed resources plan are prudent:
6. For the purposes of subsection 9 of NRS 704.746, in determining whether the proposed annual limits on the sale of energy and capacity further the public interest, the Commission will consider whether the proposed annual limits increase costs or remove benefits, including, without limitation, the benefit of a reduction of costs for electric service, from customers of the utility who are not eligible customers.
7. At the time that the Commission approves the action plan of the utility, the Commission will issue a list of any current or ongoing legislatively mandated public policy programs for which eligible customers are required to pay costs, fees, charges or rates pursuant to subsection 8 of NRS 704B.310. Costs, fees, charges or rates which apply to public policy programs not determined as part of the list will be considered on a case-by-case basis.
8. A utility may recover all costs that it prudently and reasonably incurs in carrying out an approved action plan in the appropriate separate rate proceeding. A utility may recover all costs it prudently and reasonably incurs in carrying out an approved distributed resources plan in an appropriate separate rate proceeding. A utility may recover all costs that are prudently and reasonably incurred in carrying out the approved energy supply plan, including deviations pursuant to subsection 1 of NAC 704.9504 approved by the Commission in the appropriate deferred energy application filed pursuant to NAC 704.023 to 704.195, inclusive.
Added to NAC by Pub. Utilities Comm'n by R004-04, eff. 5-25-2004; A by R167-05, 2-23-2006; R042-10, 7-22-2010; A by R110-15, eff. 6/28/2016; A by R195-22A, eff. 9/16/2024
NRS 703.025, 704.210, 704.741, 704.746, 704B.310