Overview
- The Public Utilities Commission of Nevada unanimously approved a new rate design that adds a daily charge based on each customer’s highest 15‑minute usage, with Southern Nevada bills showing the new line item beginning April 16, 2026.
- The demand charge will be added on top of a reduced per‑kWh rate and the existing basic service charge, and NV Energy says many customers could see relatively stable bills if they manage peak usage.
- Regulators trimmed more than one‑third from NV Energy’s $224 million annual revenue request and ordered the utility to submit final rate calculations and customer‑impact details by Oct. 1, 2025.
- Net‑metering rules were revised, including approval of 15‑minute interval netting for future Northern Nevada solar customers and application of the daily demand charge to solar customers, drawing objections from local officials and solar advocates citing SB‑405.
- The commission approved partial cost recovery for the $4.2 billion Greenlink transmission project—allocating roughly 70% to Southern Nevada and 30% to Northern Nevada—and estimates indicate about $4.35–$4.42 per month for Southern residential customers, while bill‑impact estimates for the demand charge range from about $20 on average to $27–$38 for some households.