AB 452 — Revises provisions relating to public utilities. (BDR 58-572)
Last action — Approved by the Governor. Chapter 518.
No card. One bill, free forever — alerts when it moves.
-
✓Introduced
-
✓In Committee
-
✓Passed Assembly
-
✓Passed Senate
-
✓To Executive
-
6Enacted
This bill has been enacted into law. Introduced March 17, 2025. Enacted.
Signed by Governor Joe Lombardo (Republican) on June 11, 2025.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
-
Enacted
Current position in the legislative process.
-
1 sponsor
1 primary, 0 co-sponsors signed on.
-
Single-party support
Sponsorship is currently within one party (1 D).
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
What changed in the latest version
478 added · 517 removed478 line(s) added, 517 removed.
(ReprintedAssembly withBill amendmentsNo. adopted on April 21, 2025) FIRST REPRINT A.B.
452452–Assemblymember ABrown-May SSEMBLYCHAPTER.......... BILL NO .
452–ASSEMBLYMEMBER BROWN -M AY M ARCH 17, 2025 ____________ Referred to Committee on Growth and Infrastructure SUMMARY—Revises provisions relating to public utilities.
(BDR 58-572) FISCAL NOTE:
Effect on Local Government:
No.
Effect on the State:
Yes.
~ EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
open one or more investigatory dockets to examine certain matters relating to atoa to potential cost-sharing adjustment mechanism for the recovery of costs for purchased fuel and purchased power and the sharing of such costs between an electric utility and its customers.
Section 1.3 requires the Commission to submit periodic reports to the Joint Interim Standing Committee on Growth and beforeInfrastructure Julyconcerning 1,the 2026,progress submitof aeach finalinvestigatory reportdocket toand, the Legislative Commission on theor outcomes of the investigatory dockets.
Under section 1.3, the Commission is the authorized to adopt regulations to establish a cost-sharing adjustment mechanism, if the Commission finds it is in the public interest as a result of the investigatory docket.
If the Commission determines that a utility has charged a customer more than any applicable rate or tariff allows, section 1.7 of this bill requires a utility to refundrefuExisting tolaw requires the customer,Commission withto interest,issue thea fullwritten amountorder ofapproving or disapproving an application filed by a public utility to make any overcharge.change in a schedule not later than 210 days after the date on which the application is filed.
Existing(NRS law704.110) requiresSection the2 Commissionof tothis issuebill arequires writtenthe orderCommission, approvingfor or disapproving an application filed by acertain publicelectric utilityutilities, to makeissue anysuch change in a schedulewritten order not later than 210300 days after the date on which the application is filed.
circumstances,EXPLANATION to– extendMatter byin notbolded moreitalics thanis 90new; days the time to act on such ann application filed by certain electric utilities.
-matter *AB452_R1*between –brackets 2[omitted –material] THEis PEOPLEmaterial OFto THEbe STATEomitted. OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
- 83rd Session (2025) – 2 – (c) Identify opportunities to mitigate the impact on customer rates which are associated with fluctuations in the market for purchased fuel and purchased power or other unpredictable events which affect customer rates.
(d) Consider elements of a potential cost-sharing adjustment mechanism for purchased fuel and purchased power which isisstment designed to align the financial incentives of an electric utility with the interest of the customers of the electric utility, including, without limitation:
(5) Options to improve the transparency of any forecasted estimate of costs, including the use of a forward price index and providing access to forecasted estimates to interveners indexin and proceedings of the Commission who sign nondisclosure agreements.
(e) Examine existing practices for integrated resource planning and evaluate options that reduce load and mitigate volatility in the cost of natural gas, including, without limitation, demand-side management programs which are cost effective, demand response and load shifting.
Before the submission of the report required by subsection 3, the Commission shall submit periodic reports on the progress of - *AB452_R1* – 3 – each investigatory docket opened pursuant to subsection 1 to the Director of the Legislative Counsel Bureau for transmittal to the Joint Interim Standing Committee on Growth and Infrastructure.
- 83rd Session (2025) – 3 – 4.
5.(a) “Cost-sharingis seadjustment mechanism” means a mechanism that shares the risk of purchased fuel and purchased power costs between an electric utility and its customers.
As used in this section:
(a) “Cost-sharing adjustment mechanism” means a mechanism that shares the risk of purchased fuel and purchased power costs between an electric utility and its customers.
If an electric utility files such an application and the application is a general rate application or an annual deferred energy accounting adjustment application, the Consumer’s Advocate shall be deemed a party of record.record.on, the 2.
2.
If the public utility is an electric utility, -the *AB452_R1*Commission –shall, 4not –later than 300 days after the Commissiondate may,on uponwhich goodthe cause,application extendis byfiled, notissue morea thanwritten 90order daysapproving theor timedisapproving, toin actwhole uponor in part, the application.proposed changes.
Except- as83rd otherwiseSession provided(2025) in– subsection4 4,– in determining whether to approve or disapprove any increased rates, thetheing Commission shall consider evidence in support of the increased rates based upon actual recorded results of operations for the same 12 months, adjusted for increased revenues, any increased investment in facilities, increased expenses for depreciation, certain other operating expenses as approved by the Commission and changes in the costs of securities which are known and are measurable with reasonable accuracy at the time of filing and which will become effective within 6 months after the last month of those 12 months, but the public utility shall not place into effect any increased rates until the changes have been experienced and certified by the public utility to the Commission and the Commission has approved the increased rates.
The Commission shall also consider evidence supporting expenses for depreciation, calculated on an annual basis, applicable to major components of the public utility’s plant placed into service during the recorded test periodAdjustments orto therevenues, periodoperating forexpenses certificationand ascosts setof forthsecuritiesion. in the application.
Adjustments to revenues, operating expenses and costs of securities must be calculated on an annual basis.
(b)counties Anshall electricfile utilitya thatgeneral primarilyrate servesapplication:s densely populated counties(1) shallNot filelater athan general5 ratep.m. application:
(1) Not later than 5 p.m.
and - *AB452_R1* – 5 – (2) At least once every 36 months thereafter or on a date specified in an alternative rate-making plan approved by the Commission pursuant to NRS 704.7621.
(c) A public utility that furnishes water for municipal, industrial or domestic purposes or services for the disposal of sewage, or both, which had an annual gross operating revenue of $2,000,000 or more for- at83rd leastSession 1(2025) year– during5 the– immediately preceding 3 years and which had not filed a general rate application with the Commission on or after July 1, 2005, shall file a general rate application on or before June 30, 2008, and at least once every 36 months thereafter unless waived by the Commission pursuant to standards adopted by regulation of the Commission.
(d) A public utility that furnishes water for municipal, industrial or domestic purposes or services for the disposal of sewage, or both, which had an annual gross operating revenue of $2,000,000 or more for at least 1 year during the immediately preceding 3 years and which had filed a general rate application with the Commission on or after July 1, 2005, shall file a general rate application on or before June 30, 2009, and at least once every 36 months thereafter unless waived by the Commission pursuant to standards adopted by regulation of the Commission.
If such a statement is filed, it must include all increases and decreases in revenue and expenses which may occur within 210 days after the date on which its general rate application is filed with the Commission if such expected changes in circumstances are reasonably known and are measurable with reasonable accuracy.
If a public utility submits such a statement, the public utility has the burden of proving that the expected changes in circumstances set forth in the statement are - *AB452_R1* – 6 – reasonably known and are measurable with reasonable accuracy.
Show all 85 changed lines (45 more)
The Commission shall consider expected changes in circumstances to be reasonably known and measurable with reasonable accuracy if the expected changes in circumstances consist of specific and identifiable- events83rd orSession programs(2025) rather– than6 general– trends, patterns or developments, have an objectively high probability of occurringoccurringns to the degree, in the amount and at the time expected, are primarily measurable by recorded or verifiable revenues and expenses and are easily and objectively calculated, with the calculation of the expected changes relying only secondarily on estimates, forecasts, projections or budgets.
and (b) The public utility is not required to file with the Commission the certification that would otherwise be required pursuant to subsectionsub5.ctiIf 3.a public utility files with the Commission an application to make changes in any schedule and the Commission does not issue a final written order regarding the proposed changes within the time required by this section, the proposed changes shall be deemed to be approved by the Commission.
5.
If a public utility files with the Commission an application to make changes in any schedule and the Commission does not issue a final written order regarding the proposed changes within the time required by this section, the proposed changes shall be deemed to be approved by the Commission.
The provisions of this subsection do not prohibit a public utility from filing with the Commission, while a general rate application is pending, an application to recover the increased cost of purchased fuel, purchased power, or natural gas purchased for resale pursuant to subsection 7, a quarterly rate adjustment pursuant to subsection 8 or 10, any information relating to deferred accounting requirements pursuant to NRS 704.185 or an annual deferred energy accounting adjustment application pursuant to NRS 704.187, if the public utility is otherwise authorized to so file by those provisions.
- *AB452_R1* – 7 – 7.
A public utility may file an application to recover the increased cost of purchased fuel, purchased power, or natural gas purchased- for83rd resaleSession once(2025) every– 7 – subsection do not apply to:very 30 days.
The provisions of this subsection(a) doAn notelectric applyutility to:which is required to adjust its rates on a quarterly basis pursuant to subsection 10;
(a) An electric utility which is required to adjust its rates on a quarterly basis pursuant to subsection 10;
The Commission may approve the request if the Commission finds that approvalapproves ofa the request isto inmake quarterly adjustments to the deferredsion energy accounting adjustment of a public interest.utility pursuant to this subsection, any quarterly adjustment to the deferred energy accounting adjustment must not exceed 2.5 cents per therm of natural gas.
If the Commission approves a request to make quarterly adjustments to the deferred energy accounting adjustment of a public utility pursuant to this subsection, any quarterly adjustment to the deferred energy accounting adjustment must not exceed 2.5 cents per therm of natural gas.
A quarterly rate adjustment is not subject to the requirements for notice and a hearing pursuant to NRS 703.320 or theNRS requirements704.069.ents for a consumer session pursuant to subsection 1 of (b) The public utility shall provide written notice of each quarterly rate adjustment to its customers by including the written notice with a customer’s regular monthly bill or by electronic transmission pursuant to NRS 704.069.704.188.
(b) The public utility shall provide written notice of each quarterly rate adjustment to its customers by including the written notice with a customer’s regular monthly bill or by electronic transmission pursuant to NRS 704.188.
- *AB452_R1*83rd –Session 8(2025) – (1)8 Must– be printed separately, if included with the customer’s regular monthly bill, or the subject line of the electronic transmission must indicate that notice of a quarterly rate adjustment is included, if provided by electronic transmission pursuant to NRS 704.188;
(IV) A statement that the transactions and recorded costs of natural gas which are the basis for any quarterly rate adjustment will be reviewed for reasonableness and prudence in the next proceeding held by the Commission to review the annual rateratet adjustment application pursuant to paragraph (d);
There is no presumption of reasonableness or prudence for any quarterly rate adjustment or for any transactions or recorded costs of natural gas included in any quarterly rate adjustment or the annual rateproving adjustmentreasonableness application, and prudence in the proceeding.s the burden of (e) The Commission shall not allow the public utility hasto recover any recorded costs of natural gas which were the burdenresult of provingany reasonablenesspractice or transaction that was unreasonable or was undertaken, managed or performed imprudently by the public utility, and prudencethe Commission shall order the public utility to adjust its rates if the Commission determines that any recorded costs of natural gas included in any quarterly rate adjustment or the proceeding.annual rate adjustment application were not reasonable or prudent.
(e)- The83rd CommissionSession shall(2025) not– allow9 the– publicbased utilityon tochanges recoverin any recorded costs of natural gas which were the resultelectric ofutility’s any practice or transaction that was unreasonable or was undertaken, managed or performed imprudently by the public utility, and the Commission shall order the public utility to adjust its rates if the Commission determines that any recorded costs of naturalpurchased gasfuel included in any quarterly rate adjustment or thepurchased annualpower. rate adjustment application were not reasonable or prudent.
10.
An electric utility shall adjust its rates on a quarterly basis based on changes in the electric utility’s recorded costs of purchased - *AB452_R1* – 9 – fuel or purchased power.
If the balance of the electric utility’s deferred account varies by less than 5 percent from the electric utility’s annual recorded costs for purchased fuel or purchased power which are used to calculate quarterly rate adjustments, the deferred energy accounting adjustment must be set to zero cents per kilowatt-hour of electricity.electricity.ustment must be set 11.
11.
A quarterly rate adjustment is not subject to the requirements for notice and a hearing pursuant to NRS 703.320 or theNRS requirements704.069.ents for a consumer session pursuant to subsection 1 of (b) The electric utility shall provide written notice of each quarterly rate adjustment to its customers by including the written notice with a customer’s regular monthly bill or by electronic submission pursuant to NRS 704.069.704.188.
(b) The electric utility shall provide written notice of each quarterly rate adjustment to its customers by including the written notice with a customer’s regular monthly bill or by electronic submission pursuant to NRS 704.188.
(1)- Must83rd beSession printed(2025) separately,– if10 included– with the customer’s regular monthly bill, or the subject line of the electronic transmission must indicate that notice of a quarterly rate adjustment - *AB452_R1* – 10 – is included, if provided by electronic transmission pursuant to NRS 704.188;
(IV) A statement that the transactions and recorded costs of purchased fuel or purchased power which are the basis for any quarterly rate adjustment will be reviewed for reasonableness and prudence in the next proceeding held by the Commission to reviewreviewd the annual deferred energy accounting adjustment application pursuant to paragraph (d);
(d) The proceeding regarding the annual deferred energy accounting adjustment application must include a review of each quarterly rate adjustment and the transactions and recorded costs of purchased fuel and purchased power included in each quarterly filing and the annual deferred energy accounting adjustment application.for any quarterly rate adjustment or for any transactions or recorded costs of purchased fuel and purchased power included in any quarterly rate adjustment or the annual deferred energy accounting adjustment application, and the electric utility has the burden of proving reasonableness and prudence in the proceeding.
There(e) isThe noCommission presumptionshall not allow the electric utility to recover any recorded costs of reasonablenesspurchased orfuel prudenceand forpurchased power which were the result of any quarterlypractice rateor adjustmenttransaction that was unreasonable or forwas anyundertaken, transactionsmanaged or performed imprudently by the - 83rd Session (2025) – 11 – adjust its rates if the Commission determines that any recorded costs to of purchased fuel and purchased power included in any quarterly rate adjustment or the annual deferred energy accounting adjustment application,application andwere thenot electricreasonable utilityor hasprudent. the burden of proving reasonableness and prudence in the proceeding.
(e)12. The Commission shall not allow the electric utility to recover any recorded costs of purchased fuel and purchased power which were the result of any practice or transaction that was unreasonable or was undertaken, managed or performed imprudently by the electric utility, and the Commission shall order the electric utility to adjust its rates if the Commission determines that any recorded costs of purchased fuel and purchased power included in any quarterly rate adjustment or the annual deferred energy accounting adjustment application were not reasonable or prudent.
- *AB452_R1* – 11 – 12.
A utility facility identified in a 3-year plan submitted pursuant to NRS 704.741 and accepted by the Commission for acquisition or construction pursuant to NRS 704.751 and the regulations adopted pursuant thereto, or the retirement orore elimination of a utility facility identified in an emissions reduction and capacity replacement plan submitted pursuant to NRS 704.7316 and accepted by the Commission for retirement or elimination pursuant to NRS 704.751 and the regulations adopted pursuant thereto, shall be deemed to be a prudent investment.
(a) Upon the request of the utility, approve a new rate but delay the implementationimp(1) ofUntil thata newdate rate:determined by the Commission;
(1) Until a date determined by the Commission;
The Commission may, upon request and for good cause shown, permit a public utility which purchases natural gas for resale or an electric utility to make a quarterly adjustment to its deferred - 83rd Session (2025) – 12 – energy accounting adjustment in excess of the maximum allowable adjustment pursuant to subsection 8 or 10.
A public utility which purchases natural gas for resale or an electric utility that makes quarterly adjustments to its deferred energy accounting adjustment pursuant to subsection 8 or 10 may submit to the Commission for approval an application to discontinue making quarterly adjustments to its deferred energy accounting - *AB452_R1* – 12 – adjustment and to subsequently make annual adjustments to its deferred energy accounting adjustment.
The Commission may approve an application submitted pursuant to this subsection if the Commission finds that approval of the application is in the public interest.int17.
17.
Sec.Secs.
3.3-6.
4.
(Deleted by amendment.) Sec.
5.
(Deleted by amendment.) Sec.
6.
(Deleted by amendment.) Sec.
H~~~~~ 25 - *AB452_R1*83rd Session (2025)
Show all 85 changed rows (45 more)
View plain text versions (4)
- Enrolled As Enrolled Current pdf
- Reprint 1 View text pdf
- Reprint 2 View text pdf
- Introduced As Introduced pdf
Compared against the Nevada Revised Statutes as published AI-generated reading aid — verify against the official bill.
The bill increases the timeframe for the Public Utilities Commission to issue orders on certain applications from 210 to 300 days for electric utilities.
-
NRS 704.110
not later than 210 days after the date on which the application is filed→ not later than 300 days after the date on which the application is filedElectric utilities will have a longer wait time for approval or disapproval of their applications.
Amendments
2 amendmentsClick Show changes on an amendment above to see how it modifies the bill.
Action History
-
Approved by the Governor. Chapter 518.
-
Enrolled and delivered to Governor.
-
Senate Amendment No. 778 concurred in. To enrollment.
-
From printer. To re-engrossment. Re-engrossed. Second reprint. To Assembly. In Assembly.
-
Read third time. Amended. (Amend. No. 778.) Reprinting dispensed with. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 20, Nays: None, Excused: 1.) To printer.
-
Taken from General File. Placed on General File for next legislative day.
-
Taken from General File. Placed on General File for next legislative day.
-
Taken from General File. Placed on General File for next legislative day.
-
From committee: Do pass. Placed on Second Reading File. Read second time.
-
Read first time. Referred to Committee on Growth and Infrastructure. To committee.
-
In Senate.
-
From printer. To engrossment. Engrossed. First reprint. To Senate.
-
Read third time. Passed, as amended. Title approved, as amended. (Yeas: 35, Nays: 7.) To printer.
-
From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 410.) Dispensed with reprinting.
-
Notice of eligibility for exemption.
-
From printer. To committee.
-
Read first time. Referred to Committee on Growth and Infrastructure. To printer.
Sponsors
- Tracy Brown-May · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 66 not signed on
Sponsors (1)
- Brown-May, Tracy Democratic
Co-sponsors (0)
None.
Not signed on (66)
66 members have not signed on to this bill.
Show all 66 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors AB 452?
- AB 452 is sponsored by Brown-May, Tracy (Democratic).
- What is the current status of AB 452?
- This bill has been enacted into law. Introduced March 17, 2025. Enacted.
- Where can I track AB 452?
- Track AB 452 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on AB 452
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of AB 452
Last checked for changes 2 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →