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May 31, 2012

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PUC OKs rate increase

Friday, Sept. 1, 2000 | 11:15 a.m.

The Public Utilities Commission of Nevada formally approved a 1.33 percent electricity rate hike for Southern Nevada customers in a 2-1 vote Thursday.

The increase takes effect today and would raise the average residential customer's bill by $1.05 a month. The increase is in addition to a 4.7 percent bump that took effect Aug. 1. Commissioner Judy Sheldrew dissented.

Both increases were approved as part of a July settlement enabling the company to raise or lower rates monthly while the power industry is deregulated.

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