Section 704.7968 - "Gas infrastructure replacement rate" and "replacement rate" defined"Gas infrastructure replacement rate" or "replacement rate" means the rate established by the Commission for the purpose of recovering the following amounts:
1. The revenue requirement associated with the cumulative uncollected net book value of each gas infrastructure replacement project included in a gas infrastructure replacement rate application less the income taxes which are deferred for each such replacement project, calculated as of August 31 of the year in which a gas infrastructure replacement rate application is filed; and2. The difference between the costs and revenues recorded in the gas infrastructure replacement regulatory asset account for each gas infrastructure replacement project included in a gas infrastructure replacement rate application, calculated as of August 31 of the year in which a gas infrastructure replacement rate application is filed.Nev. Admin. Code § 704.7968
Added to NAC by Pub. Utilities Comm'n by R020-13, eff. 2-26-2014