Nevada § 704.716 Calculation of amount of adjustment; effect on rates, prices and charges

Nevada Statutes

§ 704.716 — Calculation of amount of adjustment; effect on rates, prices and charges

Nevada § 704.716

Title 58ENERGY; PUBLIC UTILITIES AND SIMILAR ENTITIES

Ch. 704Regulation

Conversion of Certain Generation Facilities

This text of Nevada § 704.716 (Calculation of amount of adjustment; effect on rates, prices and charges) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 704.716 (2026).

Text

1. The amount of the adjustment must:

(a)Permit the applicant to recover the cost of the conversion, net of any taxes which may be imposed on the applicant for revenue received because of the adjustment, within the period of recovery authorized by the Commission.

(b)Be at least two-thirds, but not more than three-fourths, of the cost of the fuel saved. 2. The Commission shall not recognize, when calculating any rate, price or charge, other than the amount of the adjustment, the costs of the conversion subject to the requirements of this section.

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1. The amount of the adjustment must:
(a) Permit the applicant to recover the cost of the conversion, net of any taxes which may be imposed on the applicant for revenue received because of the adjustment, within the period of recovery authorized by the Commission.
(b) Be at least two-thirds, but not more than three-fourths, of the cost of the fuel saved.
2. The Commission shall not recognize, when calculating any rate, price or charge, other than the amount of the adjustment, the costs of the conversion subject to the requirements of this section.