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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.

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.

 

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