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.
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Regulators have approved a statewide rate for natural disaster prevention that would result in Southern Nevadans paying for Northern Nevada costs.
The Public Utilities Commission said the utility did not prove its plan had a reasonable budget for ratepayers to cover, approving just $70.1 million.
Critics say the plan to construct two natural gas turbines in Clark County for $353 million will raise utility bills for customers.
NV Energy is proposing a more than $800 million plan to advance the state’s energy independence.
More and more drivers are changing from gas-powered vehicles to electric ones and this is evident with the increasing demand on charging stations.