Published Monday, Dec. 1, 2008 | 12:31 p.m.
Updated Monday, Dec. 1, 2008 | 12:39 p.m.
NV Energy customers could soon be forking over some more money to keep the lights on.
The company was to make a rate case filing with the Public Utilities Commission of Nevada on Monday that would raise rates by 14.9 percent in southern Nevada. For a residential customer using 1,250 kilowatts, the bill would increase from $149.59 to $175.84, or 17.5 percent.
"We understand that the timing of this particular rate case is extremely difficult," said Michael Yackira, president and chief executive officer of NV Energy, in a statement. "Because we recognize the hardship it could cause our customers, our company thoroughly reviewed each component of this filing and analyzed where we may have opportunities to help reduce its impact."
The company said some of its costs include $510 million for the addition of a power plant near Primm, construction of a plant completed this past summer in Las Vegas and the start of construction for a plant expansion.
The proposal includes a low-income rate for customers who meet income qualifications, the company said.
The utilities commission is expected to set hearings in the next few months to review NV Energy’s request.
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