Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
RESOURCE PLANNING AND ENERGY CONSERVATION FOR CERTAIN NATURAL GAS UTILITIES
Conservation and Energy Efficiency Programs
Section 704.9718 - Recovery or refund of deferred general revenue; general revenue decoupling adjustment rate

Universal Citation: NV Admin Code 704.9718

Current through December 31, 2024

1. A gas utility authorized to use the general revenue decoupling methodology must recover or refund its deferred general revenue by applying a per therm general revenue decoupling adjustment for each applicable customer class. The general revenue decoupling adjustment rate must remain in effect until the Commission changes the rate.

2. The general revenue decoupling adjustment rate must be adjusted annually in an annual application filed pursuant to NAC 704.116 after the implementation of the general revenue decoupling methodology.

3. The general revenue decoupling adjustment rate must be calculated individually for each applicable customer class and accounted for as follows:

(a) A separate subaccount of FERC Account No. 182.3 must be maintained for each applicable customer class, and the balance of the subaccount must be used to calculate the general revenue decoupling adjustment.

(b) Monthly, the gas utility must calculate and record in the appropriate subaccount of FERC Account No. 182.3 the deferred general revenue. The deferred general revenue per month equals the difference between:
(1) The monthly general revenue on a per customer basis authorized in the general rate application in which the Commission approved the request to decouple revenue or, if applicable, the subsequent change in monthly general rate revenue approved by the Commission multiplied by the number of customers billed during the period, excluding customers who discontinue service and receive a final bill during that period; and

(2) The actual monthly general revenue.

(c) Monthly, a credit entry or debit entry, if negative, for the amortization of the general revenue decoupling adjustment must be recorded in the subaccount of FERC Account No. 182.3. The amortization amount must be equal to the amount of revenue derived by applying the general revenue decoupling adjustment to the jurisdictional sales of the applicable customer class.

(d) The balance of the subaccount of FERC Account No. 182.3 at the end of the tracking period adjusted pursuant to paragraph (c) must be divided by the total sales for the tracking period.

Added to NAC by Pub. Utilities Comm'n by R067-09, eff. 11-25-2009; A by R003-14, eff. 10/24/2014

NRS 703.025, 704.210, 704.992

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