CHAPTER 703 - PUBLIC UTILITIES COMMISSION OF NEVADA

NAC 703.2561 Filing requirements. (NRS 703.025, 704.210, 704.68865) In filing its application, a competitive supplier that is an incumbent local exchange carrier must include statements A to J, inclusive, K, with its related schedules, L, M, with its related schedules, and N, O a…

NAC 703.2565 Statement A. (NRS 703.025, 704.210) Statement A must consist of a statement of financial position based on the total company, in the order of accounts prescribed by the uniform system of accounts, as of the beginning and end of the period for testing. [Pub. Service C…

NAC 703.2571 Statement B. (NRS 703.025, 704.210) Statement B must consist of an income statement based on the total company, in the order of accounts prescribed by the uniform system of accounts for the period of testing. [Pub. Service Comm’n, Gen. Order 3 Rule 16-A § 14, eff. 10…

NAC 703.2575 Statement C. (NRS 703.025, 704.210) Statement C must consist of a statement that shows the balance at the beginning of the period of testing with debits and credits to retained earnings during such a period according to descriptive captions and the resultant balance …

NAC 703.2581 Statement D. (NRS 703.025, 704.210) Statement D must consist of a statement satisfying the letter and spirit of the Statement of Financial Accounting Standards No. 95 issued by the Financial Accounting Standards Board and adopted by reference in NAC 703.2285. [Pub. S…

NAC 703.2585 Statement E. (NRS 703.025, 704.210) Statement E must contain any report, opinion or footnote applicable to any portion of the period included in statements A, B, C and D or related footnotes which were made by any accountant or auditor. [Pub. Service Comm’n, Gen. Ord…

NAC 703.2591 Statement F. (NRS 703.025, 704.210) Statement F must contain a statement that shows the dollar amount of each component of the capital structure, its related cost percentage and the proportion of each component of the capital structure to the total capital structure.…

NAC 703.2595 Statement G. (NRS 703.025, 704.210) Statement G is a summary of the overall rate base of the utility by primary plant account. [Pub. Service Comm’n, Gen. Order 3 Rule 16-A § 19, eff. 10-14-82]

NAC 703.2601 Statement H. (NRS 703.025, 704.210) 1. Statement H is a summary of the overall results of operations developed from the supporting schedules and statements. Statement H must show and, to the extent practicable, the supporting schedules and statements must show: (a) T…

NAC 703.2605 Statement I. (NRS 703.025, 704.210) 1. If statement H contains adjustments for changes beyond the actual year of testing to be certified pursuant to subsection 3 of NRS 704.110, certification of these amounts must be submitted in statement I in accordance with subsec…

NAC 703.2611 Statement J. (NRS 703.025, 704.210) 1. Statement J must contain a statement that shows operating revenues for a utility classified in accordance with the accounts for operating revenue prescribed by the uniform system of accounts. Sales and service must be classified…

NAC 703.2615 Statement K. (NRS 703.025, 704.210) Statement K must contain: 1. A statement that shows the expenses for operation and maintenance according to each account of the uniform system of accounts. The expenses must be shown under the following appropriate column headings,…

NAC 703.2621 Schedule K-1. (NRS 703.025, 704.210) Schedule K-1 is a schedule that shows the segregation of expenses for operations and maintenance, and their functional groupings into a component for labor and a component embracing the remainder of the expenses. This segregation …

NAC 703.2625 Schedule K-2. (NRS 703.025, 704.210) Schedule K-2 must contain an analysis of each account in schedule format for the year of testing disclosing: 1. The classification of principal charges and credits for advertising costs; 2. Particulars of supporting computations a…

NAC 703.2631 Schedule K-3. (NRS 703.025, 704.210) Schedule K-3 must include an analysis of each account in schedule format for the year of testing disclosing: 1. The classification of principal charges and credits for outside services which were employed; 2. Particulars of suppor…

NAC 703.2635 Schedule K-4. (NRS 703.025, 704.210) Schedule K-4 must include an analysis of each account in schedule format for the year of testing disclosing: 1. The classification of principal charges and credits for pensions and benefits for employees; 2. Particulars of support…

NAC 703.2641 Schedule K-5. (NRS 703.025, 704.210) Schedule K-5 must include an analysis of each account in schedule format for the year of testing disclosing: 1. The classification of principal charges and credits for expenses caused by regulations of the Commission; 2. Particula…

NAC 703.2645 Schedule K-6. (NRS 703.025, 704.210) Schedule K-6 must include an analysis of each account in schedule format for the year of testing disclosing: 1. The classification of principal charges and credits for miscellaneous general expenses; 2. Particulars of supporting c…

NAC 703.2651 Schedule K-7. (NRS 703.025, 704.210) If the expense accounts contain charges or credits from associated companies or nonutility departments of the applicant, the applicant must submit schedule K-7 for each such associated company or nonutility department showing: 1. …

NAC 703.2655 Statement L. (NRS 703.025, 704.210) 1. Statement L must contain a statement that shows separately the plant depreciation and amortization expense by functional classifications. These expenses must be shown in separate columns as follows: (a) Expenses for the period o…

NAC 703.2661 Statement M. (NRS 703.025, 704.210) Statement M must contain a statement that shows the computation of allowances for federal income taxes for the period of testing. To indicate the accounting classification applicable to the amount claimed, the computation of the al…

NAC 703.2665 Schedule M-1. (NRS 703.025, 704.210) Schedule M-1 must contain a schedule that shows monthly book balances of accumulated deferred income taxes for each of the 12 months during the period of testing. [Pub. Service Comm’n, Gen. Order 3 Rule 16-A § 33, eff. 10-14-82]

NAC 703.2671 Schedule M-2. (NRS 703.025, 704.210) 1. Schedule M-2 must contain a schedule that shows the taxes paid by the applicant, other than income taxes in separate columns, as follows: (a) A tax expense per books for the period of testing; (b) Any adjustments to the amounts…

NAC 703.2675 Schedule M-3. (NRS 703.025, 704.210) Schedule M-3 must contain a schedule which reconciles the amount of book net income with taxable net income as reported to the United States Internal Revenue Service for the most recent year for which a tax return was filed. [Pub.…

NAC 703.2681 Statement N. (NRS 703.025, 704.210) Statement N must contain a statement that shows the allocation of both rate base components and components of the results of operations between or among departments, jurisdictions or regulated and nonregulated operations. The state…

NAC 703.2685 Statement O. (NRS 703.025, 704.210) Statement O must contain a narrative statement used in support of the design of a proposed rate. The statement must describe and justify the objectives of the design of the proposed rate. If the purpose of the design is to reflect …

NAC 703.2687 Statement P. (NRS 703.025, 704.210) Statement P must be used to disclose: 1. Any change in presentation for rate-making purposes and any change in accounting methods, procedures and allocations adopted during the 3 years immediately preceding the filing date of the a…

NAC 703.2688 Statement Q. (NRS 703.025, 704.210) Statement Q must contain a statement of the number and type of shares held by shareholders at the end of the test year and any changes in ownership which occurred during the test year, including that information required in subsect…

NAC 703.2691 Certified adjustments. (NRS 703.025, 704.210, 704.68865) 1. The applicant may certify in statement I to the following experienced adjustments for up to 6 months beyond the recorded test period, as provided in subsection 3 of NRS 704.110. Adjustments that may be certi…

NAC 703.2711 Notice to public and customers. (NRS 703.025, 704.210, 704.68865) 1. When a competitive supplier that is an incumbent local exchange carrier files a general rate application pursuant to subparagraph 2 of paragraph (b) of subsection 2 of NRS 704.68877, the competitive…

NAC 703.27116 Applicability. (NRS 703.025, 704.210) The provisions of NAC 703.27116 to 703.27146, inclusive, apply to small-scale providers of last resort that are not competitive suppliers. (Added to NAC by Pub. Service Comm’n, eff. 10-25-95; A by Pub. Utilities Comm’n by R211-0…

NAC 703.27118 Information required in application for adjustments in rates. (NRS 703.025, 704.210) An application for adjustments in rates by a small-scale provider of last resort must include: 1. An exhibit summarizing the presently existing rates and the proposed rates, a brief…

NAC 703.2712 Scope of presentation and preparation for hearing. (NRS 703.025, 704.210) An applicant must be prepared to go forward at a hearing on the data which has been submitted and to sustain the burden of proof of establishing that its proposed changes are just and reasonabl…

NAC 703.27122 Recorded data and adjustments. (NRS 703.025, 704.210) 1. Amounts which purport to represent recorded data and are included in a form, statement or schedule must be reported in a separate column or columns. Adjustments to recorded data must also be reported in a sepa…

NAC 703.27124 Reliance on other data. (NRS 703.025, 704.210) If the applicant has relied on data other than that presented in the forms, statements and schedules prescribed by NAC 703.27116 to 703.27146, inclusive, that data must be submitted in addition to the prescribed forms, …

NAC 703.27126 Supporting data. (NRS 703.025, 704.210) 1. The data in support of the proposed increase in rates must include the required recorded data, adjustments and other computations and information on which the applicant relies to justify the proposed rates. 2. Any data or s…

NAC 703.27128 Application for change in rates which results in general change in annual revenues. (NRS 703.025, 704.210) 1. Whenever a small-scale provider of last resort files a request which will result in a general change in its annual revenues as a consequence of adjusting ra…

NAC 703.2713 Service of application for change in rates; compliance with provisions regarding notice. (NRS 703.025, 704.210) A small-scale provider of last resort shall serve a copy of the application on the governing body of each county, municipality and general improvement dist…

NAC 703.27132 Information required in application for change in rates. (NRS 703.025, 704.210) 1. An application by a small-scale provider of last resort for a change in rates must include the following: (a) The general information specified in NAC 703.27118. (b) Information requi…

NAC 703.27134 Review of application for change in rates by staff of Commission; report on consumer relations. (NRS 703.025, 704.210) 1. Upon receipt of an application for a change in the rates filed pursuant to NAC 703.27128 to 703.27146, inclusive, the Commission’s Division of C…

NAC 703.27136 Hearing on application for change in rates; submission of prepared testimony. (NRS 703.025, 704.210) 1. The Commission will set the matter for a consumer hearing after a completed application has been filed. 2. The record of a public hearing convened solely for the …

NAC 703.27138 Determination of appropriate return on common equity. (NRS 703.025, 704.210) 1. At least once every 3 years, small-scale providers of last resort, the staff of the Commission and the Consumer’s Advocate shall hold discussions to determine whether they can recommend:…

NAC 703.2714 Requests to establish or change rates for discretionary or competitive service. (NRS 703.025, 704.210) Whenever a small-scale provider of last resort, who is regulated pursuant to NAC 703.27128 to 703.27146, inclusive, requests to establish or change the rates for a …

NAC 703.27142 Deviation from regulations. (NRS 703.025, 704.210) If a small-scale provider of last resort believes that its compliance with NAC 703.27128 to 703.27146, inclusive, would be impracticable or unnecessary because of factors which are unique to its application, the sma…

NAC 703.27144 Certified adjustments. (NRS 703.025, 704.210) 1. The applicant may certify in Form H to the following experienced adjustments for up to 6 months beyond the recorded test period, as provided in subsection 3 of NRS 704.110. Adjustments that may be certified and report…

NAC 703.27146 Notice to public and customers. (NRS 703.025, 704.210) 1. When a small-scale provider of last resort files an application to adjust any rate or charge for the service or commodities furnished by it in order to increase its return on investment, to increase its rate …

NAC 703.27148 Filing and contents of application. (NRS 703.025, 704.210, 704.330) 1. If a competitive supplier that is a provider of last resort has complied with the requirements of paragraph (a) of subsection 9 of NRS 704.330, the competitive supplier may file an application to…