NV Energy says tax cut should lower consumer energy prices

Fri, Feb 23, 2018 (3:59 p.m.)

CARSON CITY — NV Energy says recently approved corporate tax cuts will mean lower rates for more than 1 million electric customers in Southern and Northern Nevada.

NV Energy has applied to the state Public Utilities Commission to pass the savings along to customers. It says the average single-family home will see a reduction of $4.08 per month, or 2.81 percent.

NV Energy expects to save $83.7 million in federal income taxes.

The rate reduction would take effect April 1.

The PUC has set March 16 for hearings in Las Vegas and Carson City on the application.

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