LegalFix
Sign In

NRS 704.7317 - Electric utility required to record certain amounts in regulatory asset.

NV Rev Stat § 704.7317 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

An electric utility shall, upon the completion of construction or acquisition of any electric generating plant or other facility constructed or acquired pursuant to an emissions reduction and capacity replacement plan accepted by the Commission pursuant to NRS 704.751, begin recording in a regulatory asset, with carrying charges, an amount that reflects a return on the electric utility’s investment in the facility, depreciation of the utility’s investment in the facility and the cost of operating and maintaining the facility.

(Added to NRS by 2013, 3076)

Previous Section
NRS 704.7316 - Comprehensive plan for reduction of emissions from coal-fired electric generating plants and increased capacity from renewable energy facilities and other electric generating plants; contents and requirements.
Next Section
NRS 704.7318 - Sites used for production of electricity from coal-fired electric generating plant, natural gas electric generating plant or renewable energy facility: Remediation or reuse; regulation of emissions from electric generating plants constructed on certain sites.