1. A request filed with the Commission to
establish a just and reasonable price for the energy produced by a renewable
energy facility pursuant to
NRS
704.752, must include, without limitation:
(a) A brief description of the renewable
energy facility which includes, without limitation:
(1) The generating capacity of the renewable
energy facility;
(2) The technical
and operational characteristics of the renewable energy facility; and
(3) The geographical location of the
renewable energy facility;
(b) An acknowledgement by the utility that
the utility will not include any capital investment associated with the
renewable energy facility in the rate base of the utility or expenses
associated with such facility in the revenue requirement of the
utility;
(c) The request required
pursuant to subsection 1 of
NRS
704.752 requiring that the Commission exclude
any capital investment associated with the renewable energy facility from the
rate base of the utility and all expenses associated with such facility from
the revenue requirement of the utility;
(d) A description of the safeguards that the
utility will implement to monitor and ensure that any capital investment
associated with the renewable energy facility will be excluded from the rate
base of the utility and all expenses associated with such facility will be
excluded from the revenue requirement of the utility;
(e) Material terms for the generation and
sale of energy by the renewable energy facility, including, without limitation,
the price for the energy produced by such facility and the term during which
the utility wishes to recover the just and reasonable price as established by
the Commission for the energy produced by such facility through the mechanism
set forth in
NRS
704.187;
(f) A recommendation by the utility of a just
and reasonable price to be paid for the energy produced by the renewable energy
facility and a justification for the recommendation;
(g) If applicable, a brief description of the
financing of the renewable energy facility, including, without limitation, its
effects on the capital structure and creditworthiness of the utility;
(h) A comparison of the rate impact on
customers of the utility between:
(1)
Ownership of the renewable energy facility by the utility pursuant to
NRS
704.752; and
(2) Inclusion of the renewable energy
facility within the rate base of the utility; and
(i) Any other data and information necessary
to facilitate an evaluation of the request.
2. As used in this section, "capital
investment" and "expenses" include, without limitation, costs relating to
operating and maintenance, permitting, property rights acquisition,
engineering, procurement, construction, generator line extension,
interconnection, internal utility labor and overhead, project management,
depreciation, interest and related financing costs and
decommissioning.
Added
to NAC by Pub. Utilities Comm'n by
R027-20A,
eff. 10/9/2021
