Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Gas Rates topic
No spam. Unsubscribe anytime.
Southwest Gas to reduce deferred energy adjustment rates; PUCNV accepts stipulation
Summary
The commission approved a stipulation to lower Southwest Gas’s deferred energy accounting adjustment rates, effective July 1, 2025, that staff and parties say will reduce average customer bills in Southern and Northern Nevada.
The Public Utilities Commission of Nevada accepted a stipulation that lowers Southwest Gas Corporation’s deferred energy accounting adjustment rate, with changes effective July 1, 2025, the commission was told.
Hearing Officer Krano presented the stipulation, describing the requested adjustments to the deferred energy accounting adjustment (DEAA) rate. The stipulation asks the commission to authorize Southwest Gas to change the DEAA from positive $0.16528 per therm to negative $0.20 per therm in Southern Nevada and from positive $0.15 per therm to negative $0.25 per therm in Northern Nevada. The changes are effective July 1, 2025.
Krano told the commission the change should lower the average Southwest Gas customer’s monthly bill by more than $10 per month in Southern Nevada (based on an average 37 therms per month) and by more than $18 per month in Northern Nevada (based on an average 57 therms per month). The proposed order includes an average bill comparison in its exhibit materials.
Commissioners praised the parties for reaching a settlement and for providing bill comparisons to make the impact clearer. The commission accepted the stipulation and issued the appropriate order on a voice vote recorded as “Aye.”
The commission did not record individual dissenting votes. The order directs staff to implement the approved rate changes effective July 1, 2025.
