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Regulators Seek Public Input on Possible Rate Hike

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From the Nevada Public Utilities Commission:

Carson City, NV – The Public Utilities Commission of Nevada has scheduled a consumer session on Wednesday, July 23, in Carson City to hear public comment regarding NV Energy’s petition to recover costs from the Advanced Service Delivery Project (smart meters) and Nevada Dynamic Pricing Trial in Northern Nevada.

The petition by NV Energy (Sierra Pacific Power Co. d/b/a as NV Energy) examines both the costs and estimated long-term savings of the Advanced Service Delivery Project. When the commission approved the project in 2010, as a condition for recovery of the investment NV Energy was directed to demonstrate that the long-term savings would benefit consumers.

NV Energy seeks recovery of approximately $53 million of electric division costs and approximately $25 million of gas division costs related to smart meter implementation. NV Energy’s petition says the estimated long-term savings, spread out over a 20-year period, will total $82 million. In addition, NV Energy’s electric division requests recovery of approximately $2 million of costs associated with the Nevada Dynamic Pricing Trial, or voluntary time of use program.

Based on the evidence presented in the case, the commission may approve changes to rates as necessary to provide that such rates are just and reasonable.

The consumer session is scheduled for:

Wednesday, July 23, at 6 p.m.  
Hearing Room A
Public Utilities Commission of Nevada
1150 E. William St.
Carson City, NV 89701

Public comment will be limited to the contents of the application. NV Energy and PUCN representatives will be present to hear comments and answer questions. Hearings on this application start Sept. 8 at 10 a.m. Individuals with questions regarding the consumer session may contact the PUCN at (775) 684-6101.  To view documentation regarding NV Energy’s application, visit the PUCN website at puc.nv.gov. From the top navigational bar on the home page, select “Dockets,” followed by “Electric Dockets.” Scroll to docket number 14-05005 and click “View.”

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