NV Energy held a ribbon cutting ceremony for a $257 million battery facility that can stretch the use of solar power into the night and store energy for about 165,000 homes.
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Projections show a big decrease in fuel rates should provide a net decrease for customers in the next few months.
In an email to ratepayers, NV Energy CEO Doug Cannon said customers should see some of the electric rates in their bills fall throughout the year.
The multimillion-dollar home will feature a “Batcave” style garage in addition to the Tesla solar roof system, the listing agent said.
Southwest Gas says it will continue to decrease its fuel cost rates, but it doesn’t mean all rates in a customer’s bill will decrease in 2024.
Even as the PUC approved $1.5 billion for Sierra Solar, the commission put guardrails on the project, which NV Energy has said it would develop itself instead of relying on a third party.
The massive Greenlink Nevada transmission project is coming in over budget and could cost $2.9 billion to develop as construction costs have increased in recent years.
The average Southwest Gas bill for January rose 50 percent from a year earlier. The utility says several factors are to blame.
NV Energy customers will be paying for the utility’s employee bonuses, despite concerns raised by the state consumer advocate that the level of bonuses are higher than what was earned.
A joint request from Station Casinos and NV Energy asking for lower energy rates lists some projects can could be constructed next.