Nevada Administrative Code
Chapter 704 - Regulation of Public Utilities Generally
RESOURCE PLANNING AND ENERGY CONSERVATION FOR CERTAIN NATURAL GAS UTILITIES
Informational Reports
Section 704.968 - Plan for supply of gas; long-term arrangements for supply, storage and transportation of gas

Universal Citation: NV Admin Code 704.968

Current through December 31, 2024

1. The informational report must include the utility's plan for the supply of gas which must include, without limitation, a discussion of the strategies which the utility intends to implement for its supply of gas, including, without limitation, a discussion of:

(a) The criteria used in determining the level and mix of the supply of gas planned;

(b) The criteria used to select the sources of the supply of gas and an assessment of the reliability of each of the sources of the supply of gas;

(c) Strategies for minimizing the cost, minimizing the retail price volatility and maximizing the reliability of the gas that the utility intends to employ for its supply of gas; and

(d) The procedures for curtailment which will be utilized if the supply or facilities are inadequate.

2. The informational report must list each existing and planned long-term arrangement for the supply, storage and transportation of gas.

3. As used in this section, "long-term arrangement" means an agreement with a duration of 3 years or more and includes, without limitation:

(a) Supply contracts;

(b) Agreements for hedging the price of gas;

(c) Agreements that involve production wells or inground reserves owned by the utility which are intended to be used as a source of supply;

(d) Transportation agreements;

(e) Storage agreements; and

(f) Any other long-term arrangement that the utility determines should be considered.

Added to NAC by Pub. Service Comm'n, eff. 4-18-90; A by Pub. Utilities Comm'n by R150-06, 3-23-2007

NRS 703.025, 704.210, 704.991

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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