Nevada Business in Energy & Utilities

NEVADA UTILITIES: NV Energy rate boost curtailed
A preliminary decision from the Nevada Public Utilities Commission could mean local power utility NV Energy Inc. gets a significantly smaller rate increase than it requested. The commission's Wednesday draft order, which Commissioner Sam Thompson wrote, calls for a 9.3 percent increase in single-family residential rates, compared with the 16.7 percent jump NV Energy sought. Add in further reductions based on anticipated drops in fuel and power costs in coming months and years, and the average rate boost should be around 6.8 percent, or $10.05 a month.
[ source ] http://www.lvrj.com : June 19, 2009 |  Comments: (0)

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