LegalFix
Sign In

NRS 704.711 - Decision on application for adjustment; conditions; requirements for approval; federal or state grants.

NV Rev Stat § 704.711 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

1. The Commission shall render its written decision within 180 days after receiving the application for such an adjustment.

2. The Commission shall render its decision based on the record and may grant the application, deny it or grant it according to such terms, conditions or modifications as the Commission finds appropriate.

3. The Commission may grant an application for such an adjustment if it determines that:

(a) There is substantial evidence that the projected saving in fuel is greater than the cost of conversion.

(b) The conversion is consistent with and included in the utility’s plan for resources.

(c) The conversion will substantially benefit the utility’s customers.

4. If the applicant becomes, by reason of the conversion, entitled to any federal or state grant, the Commission shall make such determinations and issue such orders as are necessary to reduce the amount of the cost of the conversion which the applicant would otherwise recover by means of the adjustment. If such a grant is received after the termination of the adjustment, the Commission shall make such determinations and issue such orders as are necessary to return any excess collected to the customers.

(Added to NRS by 1983, 752)

Previous Section
NRS 704.706 - Conversion of facility to allow firing by coal: Application for adjustment of rates; public hearing.
Next Section
NRS 704.716 - Calculation of amount of adjustment; effect on rates, prices and charges.