FOR IMMEDIATE RELEASE

Date: May 19, 2025

Contact: Peter Kostes
Public Information Officer
(775) 684-6118

June 4 consumer sessions scheduled

on NV Energy’s Southern Nevada rate application

Las Vegas, Nev. – The Public Utilities Commission of Nevada (PUCN) has scheduled two consumer sessions on Wednesday, June 4, to hear public comment regarding NV Energy’s (NVE’s) general rate application to adjust electricity rates charged to its Southern Nevada customers.


In its application, NVE (Nevada Power Co. d/b/a NV Energy) proposes to increase annual revenues by $215.7 million, or 9.09 percent. NVE also proposes implementing a low-income residential assistance rider that would waive the basic service charge for qualifying customers, a daily demand charge rate component for all residential and small commercial rate classes, and modifications to the netting mechanism for new net energy metering systems. NVE is not proposing to increase the current Basic Service Charge of $18.50 for residential service.


If NVE’s request is approved, a typical monthly single-family residential bill is estimated to increase by $14.91 or 9.96 percent, beginning Oct. 1, 2025.


NVE also requests an increase in its authorized overall rate of return from the current rate of 7.43 percent to 7.88 percent. NVE additionally requests an increase in its return on equity from the current rate of 9.5 percent to 10.25 percent.


The PUCN may approve rates as proposed or decrease or increase rates as necessary to ensure rates are just and reasonable. Written comments also may be submitted to the PUCN electronically through the Electronic Filing System on the PUCN’s website, by hand-delivery, or via U.S. Mail.


The consumer sessions are scheduled as follows:


Wednesday, June 4, 2025, at 1 p.m.

Hearing Room A

Public Utilities Commission of Nevada

9075 West Diablo Drive, Suite 250,

Las Vegas, NV 89148


Wednesday, June 4, 2025, at 6 p.m.

Clark County Commission Chambers

Clark County Government Center

500 South Grand Central Parkway

Las Vegas, Nevada 89106


Written comments via U.S. Mail to be addressed as follows:

PUCN

Attn: Docket No. 25-02016

1150 E. William St., Carson City, NV 89701;

or 9075 West Diablo Drive, Suite 250, Las Vegas, NV 89148


Representatives from the Nevada Bureau of Consumer Protection (BCP) will participate in the consumer sessions. The BCP, which is part of the Nevada Attorney General’s Office (775-684-1100), represents the public interest and intervenes in PUCN proceedings on behalf of all residential and small business customers. PUCN Regulatory Operations Staff and NVE representatives will also attend.


Public comment will be limited to the contents of the application and may be limited to three minutes per speaker. Hearings on these matters are scheduled to begin Friday, June 6, at 9 a.m.


Information about the application is available on the PUCN’s website at puc.nv.gov. From the top navigational bar on the homepage, select “Dockets” to access Docket 25-02016. For information regarding the consumer sessions, contact the PUCN at (702) 486-7210.


A live link to the hearings will be available on the PUCN’s website. On the homepage, click on “Calendar – LISTEN LIVE!” to find those links.


###

FOLLOW US
Facebook  Twitter  Linkedin