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PUC Nevada approves NV Energy's NDPP cost recovery with modifications; Commissioner Cordova dissents on contracts and allocation
Summary
The Public Utilities Commission of Nevada approved NV Energy's request to recover regulatory asset costs tied to its joint natural disaster protection plan, adopting on-the-record modifications about legal and applied-analysis charges but recording Commissioner Cordova's dissent on fire-agency contract recovery and cost-allocation methodology.
The Public Utilities Commission of Nevada on the record approved docket 24-03006, the joint application by Nevada Power Company and Sierra Pacific Power Company (both doing business as NV Energy) to recover regulatory-asset costs associated with their joint natural disaster protection plan (NDPP), while accepting modifications announced by commissioners during the meeting.
Chair Hayley Williamson moved to grant the application with the modifications stated on the record, and Commissioner Brown seconded. The motion carried. Commissioner Cordova said she would support the order but registered a dissent on two portions of the draft order: the sections related to fire-agency contracts and the NDPP cost-allocation approach.
Why it matters: Commissioners debated which utility costs should be eligible for recovery and how those costs should be allocated between…
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