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NV ENERGY RATE INCREASES BY 54% IN 2023

Las Vegas power bills may significantly rise in the coming summer


EVEN HIGHER ENERGY COSTS EXPECTED IN JULY !!

SOUTHERN NEVADA USERS ARE PAYING ON AVERAGE, $844.43 MORE ANNUALLY ON ELECTRICITY COSTS


By Michael Bell and Kim Passoth

Published: Apr. 24, 2023 at 4:52 PM PDT



LAS VEGAS, Nev. (FOX5) - According to a new projection, it's possible that electric bills could nearly double this year.

SB356 in the Nevada Legislature encourages the use of programs, ie: Rooftop Solar Energy Systems, Smart Thermostats, Attic insulation, LED lighting or other energy efficient options for energy efficiency and to reduce greenhouse gases and to stay in control of your energy bills in Southern and Northern Nevada.

One of the exhibits concerning the bill was submitted by the Nevada Attorney General's Office regarding the cost of electricity in the state.

Since the 2021 Legislative session, Southern Nevada users are paying $844.43 more annually on electricity costs.
"That represents a 54.2% increase to ratepayers, many of whom are on fixed incomes."

NV Energy says "This is accurate" telling FOX5:

"Like many other businesses, our costs have increased over the last 18 months. Lower natural gas supplies in the western US, along with higher demand due to below-average temperatures, have increased fuel prices.
We recover these costs over time, to smooth out rate costs. Quarterly energy adjustments in bills are the result of the increased cost of delivering energy from the past year. This is a pass-through cost- in other words, our customers pay the same price as we pay to generate energy."

Southern Nevada customers are paying $561.25 more annually on electricity, as well. That represents more than a 50 percent increase.



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Unknown member
Jul 16, 2023

Now is the time to contact us at TIER 1 Solar Solution’s to keep your energy costs under control! No Money out of pocket and lock in a lower rate than you have currently, and lock in that rate until your system is paid off! Stop waiting and take control now!!

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