Rates for Northern Nevada NV Energy customers will drop about 10% for the average homeowner if a new proposal submitted to the Public Utilities Commission gets approved. “Customers will be paying less than what they paid at the end of 2023,” NV Energy spokesperson Meghin Delaney told the RGJ. NV Energy is also asking the PUC to change how its bills are structured. Why NV Energy bills are expected to dropPrices for natural gas – which NV Energy uses to generate electricity in Nevada – rose sharply in 2022. “So all those super high gas prices that we saw happened after NV Energy bought the gas in 2022 and customers saw it on their bills in 2023.

Source: Wall Street Journal February 28, 2024 23:37 UTC