Business Services Industry

Nevada Utilities Panel to Rule on Interim 5.5 Percent Gas-Rate Increase.

Knight Ridder/Tribune Business News, January, 2004

By John G. Edwards, Las Vegas Review-Journal Knight Ridder/Tribune Business News

Jan. 23--Participants in a Southwest Gas Corp. rate increase case agreed Thursday to recommend an interim 5.5 percent increase in rates, possibly by Feb. 1, pending a decision in the rate case.

If approved by the Public Utilities Commission, the agreement would raise the average monthly bill for Southern Nevada residential customers to $35.80 from $33.94, said Ed Gieseking, director of pricing and tariffs for Southwest Gas. The rate increase would become effective Feb. 1 or later if the PUC agrees to the adjustment after that date.

Southwest Gas last increased rates by 11 percent in December, because the prices it pays for natural gas have been climbing in...

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