Section 704.Sec. 5.2 - NEW1. In addition to the information required pursuant to NRS 704.753, the notice described in NRS 704.753 must include, without limitation: (a) Any information necessary to ensure that the renewable energy facility is not public utility property as defined in section 168(i) of the Internal Revenue Code, 26 U.S.C. § 168(i); and(b) A document listing all surviving terms and conditions of the agreement for the purchase of electricity included as part of the plan for the purchase of electricity approved by the Commission pursuant to NRS 704.751, which the utility assumes, including, without limitation, the price of the electricity generated and the duration of the term.2. At least 1 year before the conclusion of the term of the agreement for the purchase of electricity approved by the Commission pursuant to NRS 704.751, the utility must file a resource plan or an amendment to such a plan which includes a proposed disposition of the renewable energy facility following the conclusion of the term.3. If a utility that has acquired an existing renewable energy facility or a renewable energy facility that is being developed pursuant to NRS 704.753 wishes to recover a just and reasonable price for the energy produced by the renewable energy facility beyond the term of the agreement for the purchase of electricity approved by the Commission pursuant to NRS 704.751, the utility must file, and the Commission must approve, a request to establish a just and reasonable price for the energy produced by a renewable energy facility pursuant to NRS 704.752.Nev. Admin. Code § 704.Sec. 5.2
Added to NAC by Pub. Utilities Comm'n by R027-20A, eff. 10/9/2021NRS 703.025, 704.210 and 704.752