Nevada Administrative Code › Chapter 704 - Regulation of Public Utilities Generally › ELECTRIC SERVICE › Resource Planning › Section 704.9215 - Summary of resource plan

Current through June 11,
				2024
1. A utility's
				resource plan must be accompanied by a summary that is suitable for
				distribution to the public. The summary must contain easily interpretable
				tables, graphs and maps and must not contain any complex explanations or highly
				technical language. The summary must be approximately 40 pages in
				length.
2. The summary must
				include:
(a) A brief introduction, addressed
				to the public, describing the utility, its facilities and the purpose of the
				resource plan, and the relationship between the resource plan and the strategic
				plan of the utility for the duration of the period covered by the resource
				plan.
(b) The forecast of low
				growth, the forecast of high growth and the forecast of base growth of the peak
				demand for electric energy and of the annual electrical consumption, for the
				next 20 years, commencing with the year following the year in which the
				resource plan is filed, both with and without the impacts of programs for
				energy efficiency and conservation and an explanation of the economic and
				demographic assumptions associated with each forecast.
(c) A summary of the demand side plan listing
				each program and its effectiveness in terms of costs and showing the 20-year
				forecast of the reduction of demand and the contribution of each program to
				this forecast.
(d) A summary of the
				preferred plan:
(1) Showing each planned
				addition to the system for the next 20 years, commencing with the year
				following the year in which the resource plan is filed, with its anticipated
				capacity, cost and date of beginning service; and
(2) Explaining how the preferred plan reduces
				customer exposure to the price volatility of fossil fuels and the potential
				social cost of carbon as calculated pursuant to subsection 5 of NAC
				704.937.
(e) A summary of renewable energy
				showing how the utility intends to comply with the portfolio standard and
				listing each existing contract for renewable energy and each existing contract
				for the purchase of renewable energy credits and the term and anticipated cost
				of each such contract.
(f) A
				summary of:
(1) The energy supply plan for
				the next 3 years setting out the anticipated cost, price volatility and
				reliability risks of the energy supply plan;
(2) The risk management strategy;
(3) The fuel procurement plan; and
(4) The purchased power procurement
				plan.
(g) A summary of
				the distributed resources plan for the next 3 years covered by the action plan
				of the utility setting out:
(1) The locational
				benefits and costs of the distributed resources, which may include benefits and
				costs to the electric grid.
(2)
				Identified barriers and recommendations to accept or overcome these barriers to
				the deployment of cost-effective distributed resources and proposed mechanisms
				pursuant to which cost-effective distributed resources will be deployed, in
				coordination with existing programs that have been approved by the
				Commission.
(3) Incremental utility
				investment or expenditures to be funded for the next 3 years to identify,
				evaluate and integrate cost-effective distributed resources into the
				distribution planning process.
(4)
				A summary of the methods and outcomes of the hosting capacity analysis
				described by paragraph (b) of subsection 3 of NAC 704.9237.
(5) A summary of forecasted loads and the
				forecasted growth of distributed energy resources for the electric grid over a
				6-year period, at minimum, beginning with the year after the distributed
				resources plan is filed.
(h) A summary of the activities, acquisitions
				and costs included in the action plan of the utility.
(i) An integrated evaluation of the
				components of the resource plan which relates the preferred plan to the
				objectives of the strategic plan of the utility, and any other information
				useful in presenting to the public a comprehensive summary of the utility and
				its expected development.