NV Energy customers to see $2 a month decrease in electric bill
Submitted by Jeff Munson on Mon, 08/05/2019 - 7:51am
Beginning in October, NV Energy residential customers will see a decrease of around $2 a month on their electric bills after a recent approval from the Public Utilities Commission of Nevada.
The agreement between NV Energy, the Regulatory Operations Staff of the PUCN and the Bureau of Consumer Protection results in a $21.9 million rate decrease for northern Nevada electric customers.
Northern Nevada residential electric customers using 769 kilowatt hours of electricity a month will see a decrease of $2.12, or 2.47 percent on their monthly bills.
This decrease goes into effect on Oc. 1, 2019 and is the result of reductions in forecasted costs of providing renewable and energy efficiency services to its customers, according to a news release.
“Following a thorough, multi-month review process, we appreciate the willingness of all parties to reach this agreement on behalf of our customers,” said Doug Cannon, NV Energy President and Chief Executive Officer. “It is important for NV Energy to provide options for our customers to help them reduce their energy use and utilize new energy technologies without increasing the price they pay for power.”
NV Energy says its customer bills are less today than they were a decade ago.
