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NV Energy Customers Poised To Receive $110 Million Rebate

NV Energy will rebate $110.8 million to customers on their power bills in October.

The Las Vegas Sun reports residential customers could see $2 to $3 knocked off their bills, while large customers like hotels and casinos could receive credits of up to $113,000.

The rebate is the result of NV Energy paying less than projected for fuel.

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The utility estimates its costs for natural gas, coal and other fuels quarterly and regularly adjusts bills with credits or debits for fluctuating market prices.

 

Read the full story here.