CHAPTER 704 - REGULATION OF PUBLIC UTILITIES GENERALLY

NAC 704.9559 “Gas utility” defined. (NRS 703.025, 704.210) “Gas utility” means a public utility under the jurisdiction of the Commission which purchases gas for resale. (Added to NAC by Pub. Utilities Comm’n by R095-08, eff. 9-29-2008)

NAC 704.9561 “Gas year” defined. (NRS 703.025, 704.210, 704.991) “Gas year” means the yearly period used by a utility in its planning process. The period may be a 1-year period beginning November 1 and ending October 31 of the subsequent calendar year, or another yearly period de…

NAC 704.9562 “General revenue” defined. (NRS 703.025, 704.210) “General revenue” means the revenue collected from the base tariff general rate for the tracking period. (Added to NAC by Pub. Utilities Comm’n by R067-09, eff. 11-25-2009)

NAC 704.9563 “General revenue decoupling methodology” defined. (NRS 703.025, 704.210) “General revenue decoupling methodology” means the mechanism established pursuant to NAC 704.9716 to allow a gas utility to recover the base tariff general rate revenue without regard to the dif…

NAC 704.9566 “Informational report” defined. (NRS 703.025, 704.210, 704.991) “Informational report” means the informational report which a utility is required by NRS 704.991 to submit annually to the Commission. (Added to NAC by Pub. Service Comm’n, eff. 4-18-90; A by Pub. Utilit…

NAC 704.957 “Load management” defined. (NRS 703.025, 704.210, 704.991) “Load management” means a deliberate reshaping of the customers’ patterns of use in order to shift the time of use of natural gas and reduce its consumption during the period of the utility’s peak load. (Added…

NAC 704.9575 “Major facilities for the supply of gas” defined. (NRS 703.025, 704.210, 704.991) “Major facilities for the supply of gas” means those facilities for the production, transmission, compression or storage of natural gas, or a combination of such facilities or substitut…

NAC 704.958 “Normal weather conditions” defined. (NRS 703.025, 704.210, 704.991) “Normal weather conditions” means the average weather conditions for the previous 30 years or another period, if justified. (Added to NAC by Pub. Service Comm’n, eff. 4-18-90)

NAC 704.9587 “Sources of natural gas” defined. (NRS 703.025, 704.210, 704.991) “Sources of natural gas” means the physical locations or regions where natural gas will be acquired or exchanged. (Added to NAC by Pub. Utilities Comm’n by R150-06, eff. 3-23-2007)

NAC 704.959 “Storage facilities” defined. (NRS 703.025, 704.210, 704.991) “Storage facilities” means facilities for storing gas for the primary purpose of balancing loads or shaving peak loads, or both. (Added to NAC by Pub. Service Comm’n, eff. 4-18-90)

NAC 704.9595 “Substantially accurate data” defined. (NRS 703.025, 704.210, 704.991) “Substantially accurate data” means data: 1. Which a utility demonstrates has been gathered from the best sources of information available to it; or 2. Whose validity is inherently uncertain but w…

NAC 704.9596 “Substantive conservation and energy efficiency program” defined. (NRS 703.025, 704.210) “Substantive conservation and energy efficiency program” means, for a gas utility, a conservation and energy efficiency program included in a conservation and energy efficiency p…

NAC 704.9597 “Total resource cost test” defined. (NRS 703.025, 704.210) “Total resource cost test” means a measure of the overall economic efficiency of a conservation and energy efficiency program from the perspective of society which measures the net costs of a conservation and…

NAC 704.9598 “Tracking period” defined. (NRS 703.025, 704.210) “Tracking period” means the 12-month period used for a gas utility’s annual application filed pursuant to NAC 704.116. (Added to NAC by Pub. Utilities Comm’n by R067-09, eff. 11-25-2009; A by R003-14, 10-24-2014)

NAC 704.960 “Unaccounted for gas” defined. (NRS 703.025, 704.210, 704.991) “Unaccounted for gas” means the difference between the total amount of gas delivered to a utility and the total amount of gas which is used, sold, or delivered to other entities by the utility. (Added to N…

NAC 704.9605 “Weather at maximum design conditions” defined. (NRS 703.025, 704.210, 704.991) “Weather at maximum design conditions” means the coldest day on record for the previous 30 years or another period, if justified. (Added to NAC by Pub. Service Comm’n, eff. 4-18-90)

NAC 704.9608 Adoption by reference of FERC Account No. 182.3 from Uniform System of Accounts of Federal Energy Regulatory Commission. (NRS 703.025, 704.210) The Commission hereby adopts by reference from the Uniform System of Accounts of the Federal Energy Regulatory Commission t…

NAC 704.961 Submission of informational report and updates. (NRS 703.025, 704.210, 704.991) 1. Except as otherwise provided in subsection 2, a utility shall annually submit its informational report to the Commission: (a) If the utility uses deferred energy accounting, with the fi…

NAC 704.9615 Comprehensive summary of informational report. (NRS 703.025, 704.210, 704.991) Each informational report must include a comprehensive summary of the report. The summary must include, without limitation: 1. A brief introduction, addressed to members of the general pub…

NAC 704.963 Maps of major facilities for supply of gas and sources of natural gas. (NRS 703.025, 704.210, 704.991) Each utility shall provide with its informational report a suitable map or maps to show its existing and planned major facilities for the supply of gas and sources o…

NAC 704.964 Projection of future prices. (NRS 703.025, 704.210, 704.991) 1. Each informational report must contain a projection of the future price of natural gas for each of the supply basins from which the utility purchases gas for each month of the forecast period. The informa…

NAC 704.9645 Forecasts of sales volumes and annual peak demand. (NRS 703.025, 704.210, 704.991) 1. A utility shall include in its informational report: (a) Forecasts of sales volumes under normal weather conditions for each month of the forecast period; and (b) Forecasts of the a…

NAC 704.9655 Forecast for base growth; assessments of base conservation; levels of energy savings or reduction in demand. (NRS 703.025, 704.210, 704.991) Each informational report must include, without limitation: 1. A forecast for base growth; 2. An assessment of base conservati…

NAC 704.966 Information regarding major facilities; consideration of options for major facilities. (NRS 703.025, 704.210, 704.991) 1. Each informational report must contain a list of all its existing and planned major facilities for the supply of gas which it expects to be constr…

NAC 704.9665 Criteria for retirement of major facilities. (NRS 703.025, 704.210, 704.991) Each informational report must include, without limitation, the criteria used in setting the dates for the retirement of its major facilities for the supply of gas and the basis for the crit…

NAC 704.9675 Discussion of alternative strategies. (NRS 703.025, 704.210, 704.991) Each informational report must include, without limitation, a discussion of the alternative strategies the utility would pursue if any preferred resource or facility were not available as described…

NAC 704.968 Plan for supply of gas; long-term arrangements for supply, storage and transportation of gas. (NRS 703.025, 704.210, 704.991) 1. The informational report must include the utility’s plan for the supply of gas which must include, without limitation, a discussion of the …

NAC 704.9687 Order accepting informational report or specifying inadequacies. (NRS 703.025, 704.210, 704.991) If a utility files an informational report as required pursuant to NRS 704.991, the Commission will issue an order: 1. Accepting the informational report as filed; or 2. …

NAC 704.9702 Purpose; applicability. (NRS 703.025, 704.210, 704.992) 1. The purpose of NAC 704.9702 to 704.9718, inclusive, is to establish methods and programs to remove financial disincentives that discourage a public utility which purchases natural gas for resale from planning…

NAC 704.9704 Implementation of substantive programs using equity adder methodology for cost recovery. (NRS 703.025, 704.210, 704.992) To remove financial disincentives that discourage a public utility which purchases natural gas for resale from planning and implementing substanti…

NAC 704.9706 Conservation and energy efficiency plan: Submission; periodic filing; eligibility of programs to recover costs; order accepting plan or specifying inadequacies. (NRS 703.025, 704.210, 704.992) 1. A gas utility applying to implement a portfolio of substantive conserva…

NAC 704.9708 Conservation and energy efficiency plan: Development and contents. (NRS 703.025, 704.210, 704.992) 1. The conservation and energy efficiency plan must include, without limitation: (a) An identification of end-uses for conservation and energy efficiency programs; (b) …

NAC 704.9712 Annual conservation and energy efficiency plan reports and analyses. (NRS 703.025, 704.210, 704.992) 1. Following initial acceptance of the conservation and energy efficiency plan, the gas utility that is implementing substantive conservation and energy efficiency pr…

NAC 704.9714 Costs of implementing substantive programs: Accounting; recovery of costs. (NRS 703.025, 704.210, 704.992) 1. All costs of implementing the substantive conservation and energy efficiency programs included in a conservation and energy efficiency plan accepted by the C…

NAC 704.9716 Use of general revenue decoupling methodology in lieu of equity adder methodology. (NRS 703.025, 704.210, 704.992) 1. To remove financial disincentives that discourage a public utility which purchases natural gas for resale from planning and implementing substantive …

NAC 704.9718 Recovery or refund of deferred general revenue; general revenue decoupling adjustment rate. (NRS 703.025, 704.210, 704.992) 1. A gas utility authorized to use the general revenue decoupling methodology must recover or refund its deferred general revenue by applying a…

NAC 704.974 Definitions. (NRS 704.9925) As used in NAC 704.974 to 704.9758, inclusive, unless the context otherwise requires, the words and terms defined in NAC 704.9741 to 704.9752, inclusive, have the meanings ascribed to them in those sections. (Added to NAC by Pub. Utilities …

NAC 704.9741 “Alternative cost-recovery methodology” defined. (NRS 704.9925) “Alternative cost-recovery methodology” means a public utility’s methodology for the recovery of gas infrastructure expansion costs that are not economically feasible pursuant to the public utility’s rul…

NAC 704.9742 “Direct benefits” defined. (NRS 704.9925) “Direct benefits” means benefits which are quantifiable to the extent possible. Such benefits may include, without limitation, economic benefits, environmental benefits and operational efficiencies, and enhanced reliability o…

NAC 704.9743 “Gas infrastructure” defined. (NRS 704.9925) “Gas infrastructure” means infrastructure to be used in the transportation or supply of natural gas, including, without limitation, facilities for the storage, distribution and transmission of compressed natural gas and li…

NAC 704.9744 “Gas infrastructure expansion activity” defined. (NRS 704.9925) “Gas infrastructure expansion activity” means the expansion of gas infrastructure within a geographic area in a manner consistent with a program of economic development. (Added to NAC by Pub. Utilities C…

NAC 704.9745 “Gas infrastructure expansion application” defined. (NRS 704.9925) “Gas infrastructure expansion application” means an application filed by a public utility which purchases natural gas for resale seeking a determination by the Commission for: 1. The authorization of …

NAC 704.9746 “Gas infrastructure expansion costs” defined. (NRS 704.9925) “Gas infrastructure expansion costs” means all prudent and reasonable costs which are incurred to develop and construct a gas infrastructure expansion activity. The term does not include costs which are oth…

NAC 704.9747 “Gas infrastructure expansion rates” defined. (NRS 704.9925) “Gas infrastructure expansion rates” means the rates established by the Commission for the purpose of collecting the revenue requirement associated with the gas infrastructure expansion costs. (Added to NAC…

NAC 704.9748 “Indirect benefits” defined. (NRS 704.9925) “Indirect benefits” means benefits which are quantifiable to the extent possible. Such benefits may include, without limitation, economic benefits, environmental benefits and operational efficiencies, and enhanced reliabili…

NAC 704.9749 “Program of economic development” defined. (NRS 704.9925) “Program of economic development” has the meaning ascribed to it in NRS 704.9925. (Added to NAC by Pub. Utilities Comm’n by R116-15, eff. 4-4-2016)

NAC 704.975 “Revenue requirement” defined. (NRS 704.9925) “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. …