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Current as of January 01, 2025 | Updated by Findlaw Staff
If, in any general rate proceeding filed by an electric utility before June 1, 2018, the utility includes a request for recovery of any amount related to the implementation of an emissions reduction and capacity replacement plan and recovery of such an amount would result in an increase in the electric utility's total revenue requirement of more than 5 percent, the utility must propose a method or mechanism by which such excess may be mitigated. The Commission may accept or reject such a rate method or mechanism. If the mitigation method or mechanism is approved by the Commission, the utility shall record any deferred revenue in a regulatory asset account and may calculate carrying charges on the unamortized balance of the regulatory asset.
Cite this article: FindLaw.com - Nevada Revised Statutes Title 58. Energy; Public Utilities and Similar Entities § 704.7319. General rate proceedings filed before June 1, 2018, which include request to recover certain costs - last updated January 01, 2025 | https://codes.findlaw.com/nv/title-58-energy-public-utilities-and-similar-entities/nv-rev-st-704-7319/
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