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PUCN grants in part, denies in part NV Energy request on natural disaster protection plan cost recovery
Summary
The commission issued an order that grants some cost‑recovery requests and denies others in NV Energy’s joint application concerning regulatory asset recovery for a joint natural disaster protection plan; the action was adopted on the record after brief commissioner discussion.
The Public Utilities Commission of Nevada considered a joint application by Nevada Power Company and Sierra Pacific Power Company (both doing business as NV Energy) seeking approval to recover regulatory assets related to development and implementation of a joint natural disaster protection plan. The commission’s draft order, which the chair presented, recommended granting some elements of the application and denying others; the commission voted to grant the application as delineated in the order.
Commissioners recorded no substantive public remarks on the item during the hearing. Commissioner Cordova indicated no comment; Commissioner Brown likewise had no comments. The commission adopted the draft order and issued the appropriate order reflecting the portions granted and denied.
Why it matters: The decision determines what portions of NV Energy’s regulatory assets related to disaster planning may be recovered through ratemaking. Approvals or denials of regulatory asset recovery affect utility accounting and how costs may ultimately be allocated to ratepayers.
Ending The commission adopted the order on the record. The draft order specifies which components of the application were approved and which were denied; parties should consult the docket for line‑by‑line determinations and any follow‑up procedural steps.
