Section 704B.400 - Payment by eligible customer of load-share portion of unrecovered balance in deferred accounts of electric utility; refund of excessive amount1. If the Commission approves an application, the Commission will order the eligible customer to pay its actual load-share portion of any unrecovered positive balance in the deferred accounts of the electric utility existing as of the date of commencement. The amount to be paid by the eligible customer must be calculated by the electric utility and approved by the Commission.2. Not later than 7 calendar days after receiving notification pursuant to subsection 1 of NAC 704B.380 or subsection 1 of NAC 704B.385 that the eligible customer intends to proceed with the proposed transaction, the electric utility shall provide the eligible customer and the Commission with: (a)An estimate of the amount to be paid by or refunded to the eligible customer based upon estimates by the electric utility of the load-share portion of the eligible customer and of the balances that will be in the deferred accounts of the electric utility as of the date of commencement; and(b)All supporting data and calculations. 3. The estimated amount that is calculated pursuant to subsection 2 must be paid by or refunded to the eligible customer, as appropriate, in a manner agreed to by the eligible customer and the electric utility. Except as otherwise provided in the underlying contract between the eligible customer and the electric utility, the payments or refunds must be made in monthly installments for the remainder of the deferral period.4. After the estimated amount is calculated pursuant to subsection 2, the electric utility, in its most immediately following application to clear its deferred accounts pursuant to NRS 704.110, shall establish the actual amount that should have been paid by or refunded to the eligible customer. After the actual amount has been established by the electric utility and approved by the Commission with any necessary adjustments, the difference between the estimated amount and the actual amount must be paid by or refunded to the eligible customer, as appropriate.5. As used in this section, "actual load-share portion" means the proportion determined from the ratio of the annual energy load of the eligible customer (numerator) to the total annual retail energy load of the electric utility (denominator).Nev. Admin. Code § 704B.400
Added to NAC by Pub. Utilities Comm'n by R125-01, eff. 12-17-2001; A by R018-04, 11-17-2005