Nevada PUC to review proposed electricity rate adjustment

The Public Utilities Commission of Nevada has scheduled a consumer session to discuss NV Energy’s fuel and purchased-power rates.

NV Energy has asked the commission to adjust the rates that cover the cost of fuel for its generating stations and wholesale power buys for peak periods. The filing also asks to reset several renewable energy and energy efficiency program rates.

If the commission approves NV Energy’s request, Southern Nevada customers would see a 1.42 percent rate increase over all classes. The average monthly residential rate would go up 1.83 percent, or $2.58.

The rates would go into effect Oct. 1.

The consumer session is scheduled for 6 p.m. Tuesday in Hearing Room A at the commission’s office at 9075 W. Diablo Drive, Suite 250.

Fuel and purchased-power costs are passed directly to ratepayers, with no profit or loss taken by NV Energy.

To read the filing, visit puc.nv.gov. Choose “Docket Info” from the menu on the left, and click on “All Dockets.” Scroll to docket numbers 12-03004, 12-03005 and 12-03006 and click on “View.”

Contact reporter Jennifer Robison at jrobison@reviewjournal.com or 702-380-4512.