
NV
NV Energy Seeks Approval for Electric Rate Increase in Southern Nevada
By TheNevadaGlobeStaff, June 9, 2023 3:26 pm
NEVADA – NV Energy seeks approval for an electric rate increase in Southern Nevada.
The proposed 3.3% average rate hike starting in 2024 would generate $92.7 million in additional annual revenue.
Single-family homes could see a 2.68% increase, while multi-family residential customers may face a 1.21% increase.
The utility states that the funds will be used for infrastructure upgrades, growth support, and ensuring reliable and affordable power.
The request is the first increase in Southern Nevada since 2011 and is subject to review and public comment.
Credits: Review Journal
Latest posts by TheNevadaGlobeStaff (see all)
- RetroEscapes: Las Vegas Banks on a $6-Billion Throwback Theme Park - October 21, 2025
- Lights, Camera, Tax Credits: Las Vegas Pursues Hollywood Hub with 19,000 Jobs - October 21, 2025
- Shutdown Hits Nevada: Nearly 70 Nuclear Security Workers Furloughed at North Las Vegas Campus - October 21, 2025