PUC staff recommends refunds for ratepayers

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Updated: 7/19/2013 12:04 pm

LAS VEGAS (AP) — Staff at the Public Utilities Commission is joining with a consumer agency in recommending that NV Energy refund about $14.6 million to customers.

Nevada's Bureau of Consumer Protection and PUC staff say the utility earned too much money last year and should return some of the excess to ratepayers.

The Las Vegas Sun (http://bit.ly/16OGjLS ) reports both agencies filed testimony in the case this week.

Last year the utility reported $322 million in record profits and also collected $14.6 million in energy efficiency charges. The company is allowed to recoup revenue it loses as customers implement energy efficiency measures.

But watchdog groups questions the charge given the company's profits.

NV Energy has until July 31 to issue a written rebuttal. A hearing is scheduled Aug. 7.

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Information from: Las Vegas Sun, http://www.lasvegassun.com

 

©2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Elko1961 - 7/19/2013 4:54 PM
0 Votes
NV Energy demanded $300.00 cash deposit from me after moving out of the area and being late on the final bill...only to be gauged when I returned to the same house..turn on fees, deposit fees, totaling close to 500.00..been in nv for 25 year...put the deposit down two years ago and have yet to see it back.

Kramer - 7/19/2013 12:32 PM
0 Votes
NV Energy gouges customers who forget to pay the bill on time; even if i own the house they shut off power and charge high fees. some "trusted local utility", eh?. Now, we get a free War 'n Buffet with our pull!

Kramer - 7/19/2013 12:31 PM
0 Votes
NV Energy "promotes" energy conservation while getting money back it "loses". U win some- U win some, eh Kenny?
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