LAS VEGAS (KTNV) — Nevada's public utility regulator just approved a new rate model that will change how NV Energy bills its customers in Southern Nevada.
The change, approved by the Public Utilities Commission of Nevada on Tuesday morning, comes in response to a request from NV Energy to increase the rate it charges consumers for power. Set to take effect in April 2026, the new billing structure varies what consumers pay based on so-called "daily demand charges."
Along with many of you, we spent much of Tuesday trying to figure out what this will mean and how it will impact all of our power bills .
So, let's break it down.
What is the daily demand charge, and how would it work?
We followed up with NV Energy after Tuesday's meeting, hoping to get a clearer picture of how the charg