Thank you to the three members of the Public Utilities Commission of Southern Nevada. Unfortunately, your recent approval of NV Energy’s “peak demand charge” is not in the best interest of the people you are meant to protect, but better for NV Energy.
The PUC exists to balance fair consumer rates with the utility’s financial stability. In this case, it appears the priority was protecting NV Energy’s profitability rather than shielding consumers from higher costs. A simple monthly base rate adjustment — for example, from $18.50 to $24 — would have been a more transparent and equitable solution for all Southern Nevada residents.
NV Energy claims customers will see savings, yet the utility is projected to bring in approximately $146 million more per year. That math is simple: higher bills f