Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
GAS INFRASTRUCTURE EXPANSION RELATED TO PROGRAM OF ECONOMIC DEVELOPMENT
Section 704.975 - "Revenue requirement" defined

Universal Citation: NV Admin Code 704.975

Current through December 12, 2024

"Revenue requirement" means an amount equal to depreciation expense and carrying costs, and property taxes once the public utility which offers natural gas for resale incurs the property taxes. As used in this section:

1. "Carrying costs" means the return on gas infrastructure expansion costs, adjusted for accumulated depreciation and accumulated deferred income taxes, utilizing the public utility's authorized pretax rate of return.

2. "Depreciation expense" means the return of gas infrastructure expansion costs utilizing the public utility's authorized rate of depreciation.

Added to NAC by Pub. Utilities Comm'n by R116-15, eff. 4/4/2016

Section 1 of Senate Bill No. 151, chapter 59, Statutes of Nevada 2015, at page 251.

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.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.