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.
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Critics say the plan to construct two natural gas turbines in Clark County for $353 million will raise utility bills for customers.
Southwest Gas filed plans to raise customer rates in April, and it’s the highest increase compared to the most recent quarterly rate hikes.
Jacobs Entertainment will renovate 750 rooms and add new restaurants at the Sands Regency.
A recent study found Nevada offers some of the best markets in the U.S. for companies wanting to establish national or regional headquarters.