Las Vegas Sun

February 23, 2012

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Rate increase got you stumped? Click line-by-line through your power bill

Friday, July 8, 2011 | 2:05 a.m.

Click on each line of the bill below for an explanation of the term and the charge. Current rates can be compared to the rate changes being requested by NV energy by using the two bars at the bottom. Each color corresponds to a line on the bill.

By Tyson Anderson, David McGrath Schwartz

Last month, NV Energy requested that state regulators approve a general rate increase of 24 percent.

No need to worry, the company said, customers won’t feel a thing — at least immediately. Single-family residential bills will be no higher on Jan. 1, when the new rate takes effect, than they were on July 1, the company said.

But how can the general rate rise but bills stay the same?

The answer lies in the fact that your power bill is composed of seven — soon to be eight — separate charges. And NV Energy is using required decreases in other rates — primarily customers’ overpayments for fuel to fire power plants — to offset the increases to rates.

It can be confusing. But to make it less so, the Sun has detailed what all of those numbers and odd-sounding charges on your NV Energy bill mean, and how they will change over the next six months.

Discussion: 16 comments so far…

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  1. i dont understand how a homeowner in vegas can live there without solar panels on the roof. you have over 300 days of sunshine a year yet you still complain about your energy bill and DO NOTHING ABOUT IT!

  2. Solar is easy here in the desert. Cheap too.

    1) Size your load after eliminating and downsizing all you can. (CFLs or LEDs for lighting, solar water heater for DHW, Energy Star fridge,insulate attic, walls, ducts, seal, etc.)My load is small for a small family and well insulated home. I need 3 - 4 Kwh/day to handle it all; Google 'solar load calculator' to find a bevy of ways to count your energy needs and amount of solar panels to handle it.

    2) Google 'solar panels' and look for deals in $/watt. The rates are under $2/watt now. My little Bed and Breakfast is well-supplied with about $8,000 in panels and another $2,000 in an inverter and back-up batteries. Installation is not extremely difficult.

    3) Payback is quick here in solar paradise. Just the solar water heater saves $450 a year and it's a black tank in a box surrounded by plants in the yard with a piece of glass and cost me all of $350. Payback is 9 months. The solar electric package has a payback of a few years after tax credits. Four years to freedom is a short walk for reliable equipment with a good 20 or 30 years in them (way better than a heat pump!).

    Let the sun shine. Let the sun shine in...the sun shine in...

  3. I'm a fan of the tracking collector arrays as they provide an additional 30% for tracking on just one axis. That's worth the investment. My favorite trackers come from American companies and use simple GPS devices for tracking. The payback is quick and the steady all day 100% solar gain is optimal for my needs - big breakfasts for my 'B and B', laundry during the middle of the day, A/C in the late afternoon for guests arriving and wanting a shower before dinner, etc.

    Fixed mounts suffer by comparison to trackers; whole hog is better sausage.

  4. Sizing the geothermal heat pump (GHP)is critical also for maximizing efficiency of operation. A good GHP will fetch and dump 12,000 BTU for one kwh. That's better than twice the efficacy of air-to-air noise-makers.

    Another advantage of living here now is the tax credits on these things - 30% for geothermal heat pumps, 30% of solar systems, 30% of insulation. We went to double straw bale walls (R-80 and a matching R-80 attic along with triple glazed, low-E argon windows from Pella.

    Buy low, invest well and live cheap, really cheap. Screw the folks at NVE with your own sun. Screw them again with your own earth-tempered heating and cooling. It feels good to be the screwER instead of the screwEE. But do NOT take my word for it. Do it yourself!

  5. udde, you are PAYING a dollar twenty a KWH???

    That's 10 times the rate in Nevada. With the VAT, you're paying 15 times what we pay for the same kwh.

    Dude, that's 'highway robbery' over here, but maybe where you live, it's just plain old "fiordability!" hohoho

  6. Udde,

    OOoops

    more like 12 times what we pay. I'd be getting LED bulbs and packing the snow with leftovers so I could turn OFF the fridge!

    Maybe get a pair of binoculars so I could watch TV on the neighbor's screen!

    Give up the electric guitar and go acoustic!!

    Wear several sweaters and a couple a pairs of wooly socks. A hoody, scarf and gloves with little holes for your acoustic guitar habit!!

  7. udde is right of course. air head was only off by one single decimal point though...LMAO

    Come over and let me treat you to a weekend on the planet living off the sun. I'll make it up to you!

    Free TV, games, food and comfort. Gobs of great shows.

  8. Nevada Power or NV Energy (Whatever) get everything they want. My power bill is almost $800 a month in summer, and they want more.

  9. Listen "dipstick"..solar panels have been installed in projects here for years, only to be removed in the immediate following years. Pool solar the same, they last 7-15 years and cost a chunk..hardly worth replacing. We continue to get snowed on this type of energy...and then when you work to keep battery storage, what happens when you need battery replacement. SOLAR, EVEN WITH 300 PLUS DAYS OF SUNSHINE, IS NOT EFFICIENT. Why do we think government subsidies will make it efficient?

  10. I would love to go Solar, however if you're not a do it yourselfer the quotes from local companies are absurd with 20-30 year payback tables. I'm sure somewer down the road there will be competition.
    I Googled where the U.S. Government is subsidizing a China company over 700 million dollars to build a Solar facility in Nevada that Sen. Reid lobbied for. What a waste, take that money and make it available to homeowners to get us off the grid. All these politicians working for Multi-National Corporations. Nevada Energy with its high electric rates discourages manufacturing companies from relocating to Nevada.

  11. why is there two sides of the solar story? on one hand i get the shuck and jive on how expensive it is and the high maintenance factor from people who DONT own a system ,then i hear from the OWNERS themselves and they're making out like gang busters! somebody want to clarify why ?

  12. Dennis,

    Most of those that have installed Solar are just like gamblers. They tell you they won $500 on a jackpot but forget to tell you that they put $600 in the machine to win that jackpot.

    Also, most solar installations here are pool heating coils that don't last long so they become bad investments. They have nothing to do with generating energy.

  13. Another comment on the high price of Electricity here in Las Vegas.

    How many of you remember the NV legislature mandated a certain amount of NV Energy must come from Solar or Wind.

    We've been paying for those alternate energy schemes (wet dreams) through higher rates for years now.

    So if you're "green" person, suck it up, be quiet and pay the damn bills.

  14. Michael Yackira is the 7th highest paid executive in Nevada at over $7 million/year. If NVEnergy were a true public utility, he wouldn't even come close to that.

    The Geothermal energy close to Reno couldn't be sold in the North, so he created a Billion dollar transmission line to bring it to Las Vegas and twice the price! This is what Privatized Utilitys do- make the owners rich in spite of incompetent planning.

    I would like to see a plot of Yackira's income, including benefits package and stock options plotted for at least the last five years.

    Treacherous billing is a great way to hide rate increases. NVEnergy bills a talent for billing, not energy engineering. It is rapidly becoming Enron of the Desert and Nevada will end up with shadow deals that pay for executives retirement, not energy development.

  15. We are even outsourcing solar power although plants are built here.

    http://www.lvrj.com/business/nv-energy-s...

    Local power utility NV Energy has signed a purchasing agreement to buy electricity from a 37.5-megawatt solar plant 20 miles north of Las Vegas.

    Fotowatio Renewable Ventures of Spain will build the plant, a photovoltaic-panel solar station called Spectrum Solar.

  16. Solar power while it looks good on paper, is a losing proposition, your ROI is 20 years, and the panels fail 100% in 25 years, each year there is wear on the panel, and the efficiency that starts at a WHOPPING 40% (Note sarcasm, if I was 40% efficient at work, I would be unemployed) and drops to about 20% in 15 years. By year 20 I am sure its around 15% so for 5 years you get 1/8 the power you need for free!
    (WOW hold me down!)

    Oh did I mention the Out of pocket expense of $40,000 for a 3KW system? and all that BS about incentives, yea, if your one of the FEW who gets all the paperwork in between 12:00AM and 12:15AM when NVenergy opens the program, on a random date.

    Solar energy is ONE bet in Vegas, I am not placing

    Jonathan

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