Section 704.680482 - Small-scale provider of last resort: Petition for waiver from requirement to file new request for money from fund after 5 years1. A small-scale provider of last resort that receives money from the fund to maintain the availability of telephone service pursuant to paragraph (b) of subsection 2 of NAC 704.68048 may file with the Commission a petition for a waiver of not more than 2 years from the requirement to file a new request pursuant to paragraph (c) of subsection 2 of NAC 704.68048.2. The Commission may grant the petition for a waiver filed pursuant to subsection 1 if: (a) The small-scale provider of last resort meets the requirements in subsection 3; and(b) The Commission determines, upon receiving the information set forth in subsection 4, that the small-scale provider of last resort is not collecting excess earnings.3. The small-scale provider of last resort must provide information which demonstrates that the: (a) Petition for a waiver filed pursuant to subsection 1 is in the public interest; and(b) Earnings of the small-scale provider of last resort, as calculated pursuant to subsection 1 of NAC 704.68056, do not exceed the rate of return, as calculated by using the return on common equity as determined in NAC 703.27138, authorized for the small-scale provider of last resort by the Commission.4. For the purposes of the Commission determining if the small-scale provider of last resort is collecting excess earnings, the small-scale provider of last resort must include in its petition for a waiver filed pursuant to subsection 1 the following information: (a) The annual operating revenue, annual operating expenses and rate base of the small-scale provider of last resort, as provided in the most recent revenue report filed by the small-scale provider of last resort with the Commission pursuant to NRS 704.035.(b) Any adjustments made by the Commission in the most recent general rate case of the small-scale provider of last resort.(c) The rate of return, as calculated by using the return on common equity as determined in NAC 703.27138, on the rate base of the small-scale provider of last resort.(d) The amount of federal universal service support received by the small-scale provider of last resort for intrastate telecommunication services through the Connect America Cost Model, as governed by 47 C.F.R. § 54.311, or the most recent estimated amount of federal universal service support received by the small-scale provider of last resort for the current year for intrastate telecommunication services through High Cost Loop Support, as governed by 47 C.F.R. §§ 54.1301 to 54.1310, inclusive. Commencing with requests for money from the fund to maintain the availability of telephone service for calendar year 2018 and until the next general rate case of a small-scale provider of last resort, the Commission will determine the amount of federal universal service support received by a small-scale provider of last resort for intrastate telecommunication services through the Connect America Cost Model by multiplying the total amount of support received by the small-scale provider of last resort through the Connect America Cost Model by the ratio of High Cost Loop Support to the combined total of High Cost Loop Support and Interstate Common Line Support, as defined in 47 C.F.R. § 69.2, that were used to compute the amount of disbursement for calendar year 2016 for rural, insular and high-cost areas pursuant to subsection 3 of NAC 704.68043.Nev. Admin. Code § 704.680482
Added to NAC by Pub. Utilities Comm'n by R058-17, eff. 12-19-2017NRS 703.025, 704.040, 704.210, 704.6873