Nev. Admin. Code § 704.531 - Definitions

As used in NAC 704.531 to 704.537, inclusive, and sections 2, 3 and 4 of this regulation, unless the context otherwise requires:

1. "Alternative method" means a method used by an operator to determine the margin rates in lieu of filing a general rate application pursuant to NRS 704.110.

2. "Captive customers" means customers who:

(a) Purchase liquefied petroleum gas for consumption in this State from an operator who operates a system for the distribution of liquefied petroleum gas to 10 or more users at rates that are regulated by the Commission; and

(b) Do not have an economically feasible and practical alternative for bypassing the system.

3. "Cost of service" means the costs incurred by an operator to own, maintain and operate the system and includes, without limitation, operating and maintenance expenses, depreciation expenses, operating and income taxes, debt service coverage and a return on invested capital to shareholders.

4. "Margin rates" means any fixed charges and any charges per sales unit assessed by an operator to recover the cost of service of an operator.

5. "Non-captive customers" means customers who purchase liquefied petroleum gas for consumption in this State at rates that are not regulated by the Commission.

6. "Operator" means a person who operates one or more systems under common ownership and control, with a combined capacity to serve 10 or more users in a contiguous area.

7. "Reporting period" means January 1 through December 31 of the year preceding the filing of an annual report.

8. "System" means a network of pipes, valves, regulators, meters, containers and their appurtenances, and other physical facilities used by an operator for the distribution of liquefied petroleum gas.

Notes

Nev. Admin. Code § 704.531

Added to NAC by Pub. Service Comm'n, eff. 1-31-91; A by Pub. Utilities Comm'n by R047-02, 10-24-2002; A by R031-19A, eff. 10/30/2019

NRS 703.025, 704.097, 704.210