Business Services Industry
Southern Nevada Utilities Seek Regulatory Approval for Rate Hikes.
Knight Ridder/Tribune Business News, December, 2003
By John G. Edwards, Las Vegas Review-Journal Knight Ridder/Tribune Business News
Dec. 21--Southern Nevada utility customers may be justified in feeling as if someone declared open season on their pocketbooks.
State Consumer Advocate Tim Hay estimates that state regulators this spring will be reviewing rate increase requests totaling $1 billion or more for Southwest Gas Corp.'s Southern Nevada service area and Nevada Power Co.
"That $1 billion is a conservative number from our standpoint," Hay said.
Already, utilities in Southern Nevada are proposing rate increases that would raise the typical residential consumer's monthly bills by a total of at least $17.75.
That number could increase since it does not include pending...
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