NV Energy submitted its fifth amendment to its Integrated Resource Plan that seeks approval to spend over $1.8 billion for infrastructure projects.
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Nevada’s largest utility spends millions to lease land in Nye County from the federal government in an area well-suited for solar development.
Despite NV Energy asking for a slight rate decrease, many customers spoke out against the company over high electric bills during a consumer session.
Plans to build over 470 miles of transmission lines and a 2500+ acre solar farm in Clark County both took another step forward in BLM’s approval process.
Assembly Bill 524, a bill that directs utilities to build more in-state power generation, passed with overwhelming support on the last day of the legislative session.
Southwest Gas blamed the latest quarterly increase on the 12-month average cost of natural gas.
NV Energy maintains it needs more direction from the state Legislature on how it should reduce its reliance on the expensive energy open market.
Southwest Gas will increase rates starting July 1, raising the company’s revenue in Nevada by about $11.8 million.
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.