Nev. Admin. Code § 704.Sec. 16

Current through November 25, 2024

Section 704.Sec. 16 - NEW

1. All of the costs of implementing an expanded solar access program, with the exception of any rate discount tracked pursuant to subsection 4 of section 15, must be accounted for in the books and records of an electric utility in regulatory asset accounts which are separate from costs and amounts attributable to any other activity. All such accounts must be maintained in a manner that will allow costs and amounts attributable to specific programs to be readily identified. The calculation for the regulatory asset account for the capital costs of a community-based solar resource begins on the last day of the month following the date on which the resource is made available as a community-based solar resource.

2. An electric utility shall recover all prudent and reasonable expenditures of implementing the expanded solar access program, provided that such expenditures arise out of actions that have been approved by the Commission as part of the electric utility's expanded solar access program plan.

3. An electric utility must submit the regulatory asset accounts associated with the expanded solar access program to the Commission with the electric utility's annual deferred energy accounting adjustment application submitted pursuant to NRS 704.187, with proposals to recover the accumulated balance of the expanded solar access program costs and for the recovery of and return on the costs for the construction or acquisition of any community-based solar resource dedicated to the expanded solar access program by the electric utility.

4. All expenditures related to the expanded solar access program are public policy costs that must be charged to all customer classes of an electric utility, including, without limitation, distribution-only service customers.

5. The portfolio energy credits generated:

(a) From the expanded solar access program must be used for renewable portfolio standard compliance by the electric utility implementing the expanded solar access program; and

(b) From community-based solar resources must be allocated between the electric utility implementing the expanded solar access program and its distribution-only service customers on a load ratio basis.

Nev. Admin. Code § 704.Sec. 16

Added to NAC by Pub. Service Comm'n by R136-20A, eff. 12/22/2021

NRS 703.025, 704.210, 704.7865