From the Ask Joe File one of our viewers has a question about the price we all pay for energy here in northern Nevada.
Mike Hogi wrote in asking why Nevadans are paying one of the highest rates for utilities in the nation when we have so many rich energy sources like geothermal? Mike says what gives Joe?
Mike I checked with Faye Anderson over at NV Energy about this.
Faye says we've been on a good trend with electric rates. Since 2009, the rates in northern Nevada have dropped by about 20 percent.
To break this down a little more, according to the U.S. Energy Department, Nevada's average cost per kilowatt hour is 8.9 cents and that's below the nationwide average of 9.8 cents.
So we're pretty far down the list when it comes to how much we're paying for electricity.
Anderson also points out a major portion of the cost of electricity the fuel used to generate it. Natural gas is the least expensive fuel and we get much of our electricity from a relatively new power plant in Tracy east of Sparks which is powered by natural gas.
So those are the facts I was able to dig up. It seems to paint a pretty good picture as far how much we're paying for energy compared to what people in other states are paying.