Northern Nevada electric customers to receive larger rate decrease in October

The Public Utilities Commission of Nevada (PUCN) recently approved an agreement between NV Energy, the Regulatory Operations Staff of the PUCN and the Bureau of Consumer Protection that will result in a $21.9 million rate decrease for northern Nevada electric customers.

This decrease goes into effect on October 1, 2019 and is the result of reductions in forecasted costs of providing renewable and energy efficiency services to its customers.

“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.”

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. 

NV Energy customer bills are less today than they were a decade ago, and the company is committed to keeping rates low and providing the latest in energy products and services to our customers.