NV Energy To Give Customers Some Money Back

Yes, You Read That Right

Mitch Kelly
September 16, 2020 - 9:08 am
High-voltage power lines. Electricity distribution station. high voltage electric transmission tower

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LAS VEGAS, NV (KXNT) - It's news you don't get every day.

Or week. Or year, for that matter.

NV Energy says it will be giving customers a credit on their October bills. 

The Nevada Public Utilities Commission said the payments would be about $53 for single-family homes, about $29 for multiple-family homes, $27 for general commercial customers and $285 for its largest commercial customers.

The utilitiy says that the bill credit will first be applied to any outstanding past due balances and then to the current balance. If the credit is larger than the current bill, it will be carried forward to the next bill.

Nevada's PUC ordered NV Energy to return close to $60 million in overearnings from 2018 and 2019. An agreement mandates that overearnings be returned to customers in the form of a bill credit.