NV Energy Requests Reduction in Power Bills

In a  February 14th filing to the Public Utilities Commission of Nevada, NV Energy requested to pass through to all its Nevada customers a revenue reduction of $83.7 million as a result of the federal Tax Cuts and Jobs Act of 2017. Among other things, the Tax Cuts and Jobs Act of 2017 reduced the federal income tax rate paid by corporations from 35 percent to 21 percent.

The average northern Nevada single-family residential customer could see a reduction of $2.81 per month, or 3.19 percent.

NV Energy has asked the Public Utilities Commission of Nevada to allow these bill reductions to go into effect starting on April 1.

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