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PUCN partly approves NV Energy request for recovery of disaster‑protection regulatory assets
Summary
The Commission voted to grant in part and deny in part a joint NV Energy application to recover regulatory assets tied to a joint natural disaster protection plan; the draft order specifies which portions are approved.
Chair Haley Williamson presented a joint application by Nevada Power Company and Sierra Pacific Power Company (both doing business as NV Energy) seeking approval to recover regulatory assets tied to a joint natural disaster protection plan. The draft order before the Commission recommended granting parts of the application and denying others; the Chair noted the order specifies which portions are granted and which are denied.
Commissioners voted to grant the joint application as delineated in the draft order. The Commission recorded the motion and a second, and the motion carried. The approval is limited to the elements described in the draft order; parties not satisfied with the delineation retain typical docket rights to seek further reconsideration or rehearing through the record.
