NevadaNevada commission studies fuel costs as utilities refund overcharges
Nevada’s commission must study electric fuel and power costs and report by July 1, 2026, while utilities must repay customers for confirmed overcharges.
What it does
The commission must study how electric utilities pass fuel and power costs to customers and ways to reduce rate swings. It may set up a system to share those costs if it finds that is in the public interest.
When the commission finds that a utility charged a customer more than an allowed rate, the utility must refund the full overcharge with interest.
The commission must approve or reject an electric utility's application to change rates or service within 300 days after it is filed.
Argument forCustomers could get the full amount back, with interest, when the commission finds a utility charged more than its allowed rate.
Argument againstElectric utility customers and utilities could wait longer for a decision on rate or service changes because the commission has up to 300 days to decide.
More detail
The Public Utilities Commission must investigate fuel and power costs and report on its findings. The investigations cover how electric utilities pass purchased fuel and power costs to customers, deferred energy charges, ways to reduce rate effects, and practices that could reduce natural gas cost swings. The commission may adopt a cost-sharing system only if it finds that doing so is in the public interest. The commission must send progress reports to lawmakers and a final report on the investigations by July 1, 2026.
A utility must refund a customer for charges above an allowed rate or tariff. This applies when the commission determines that a utility charged a customer more than an applicable rate or tariff allows. The refund must include the full overcharge and interest.
The commission must issue a written decision on an electric utility's application to change a schedule within 300 days. This covers applications by electric utilities to change a schedule, including changes to rates or service. The 300-day period starts when the application is filed.
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Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 11Approved by the Governor Joe Lombardo. Chapter 518.Became Law
- May 29Enrolled and delivered to Governor.To Governor
- May 27Senate Amendment No. 778 concurred in. To enrollment.Major
- May 26From printer. To re-engrossment. Re-engrossed. Second reprint. To Assembly. In Assembly.
- May 23Read third time. Amended. (Amend. No. 778.) Reprinting dispensed with. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 20, Nays: None, Excused: 1.) To printer.Passed Senate
- Vote recorded Senate (1st Reprint). Result: pass.Upper
- May 22Taken from General File. Placed on General File for next legislative day.
- May 21Taken from General File. Placed on General File for next legislative day.
- May 20Taken from General File. Placed on General File for next legislative day.
- May 19From committee: Do pass. Placed on Second Reading File. Read second time.Minor
- Apr 29Read first time. Referred to Committee on Growth and Infrastructure. To committee.Minor
- Apr 28In Senate.
- Apr 25From printer. To engrossment. Engrossed. First reprint. To Senate.
- Apr 22Read third time. Passed, as amended. Title approved, as amended. (Yeas: 35, Nays: 7.) To printer.Passed Assembly
- Vote recorded Assembly (1st Reprint). Result: pass.Lower
- Apr 21From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 410.) Dispensed with reprinting.Minor
- Mar 27Notice of eligibility for exemption.
- Mar 19From printer. To committee.
- Mar 17Read first time. Referred to Committee on Growth and Infrastructure. To printer.Introduced
Environment & EnergyConsumer Protection