NV Energy Files Electric and Natural Gas Rate Adjustments for Northern Nevada Customers
RENO, Nev. – NV Energy has filed requests with the Public Utilities Commission of Nevada that would adjust electric and natural gas rates for Northern Nevada customers beginning Oct. 1, 2026. The filings reflect changes in fuel, purchased power and natural gas supply costs. Based on what was filed, electric customers would see lower bills while natural gas customers would see a modest increase.
If approved, the electric filing would reduce annual revenues by approximately $22.5 million, while the natural gas filing would increase annual revenues by approximately $3.7 million.
For a typical residential electric customer, the change would mean a monthly bill decrease of about $1.86, or 1.82%. For a typical residential natural gas customer, the change would mean a monthly bill increase of about $1.01, or 3.05%.
Proposed electric rate changes include:
- Domestic Service (D-1): 1.82% decrease (about $1.86 per month)
- Domestic Multi-Family (DM-1): 1.92% decrease (about $1.11 per month)
- Small General Service (GS-1): 2.13% decrease (about $3.15 per month)
- All customer classes combined: 2.29% decrease
Proposed natural gas rate changes include:
- Residential Natural Gas (RNG): 3.05% increase (about $1.01 per month)
- Small Commercial Natural Gas (SCNG): 4.60% increase (about $6.00 per month)
- All customer classes combined: 3.69% increase
"Keeping energy affordable while maintaining safe and reliable service is one of our highest priorities," said Brandon Barkhuff, President and CEO of NV Energy. "These periodic adjustments reflect changes in energy supply costs and help ensure customers benefit when costs decline while accurately accounting for increases when costs rise."
NV Energy generates much of the electricity it provides to customers using company-owned power plants. When additional electricity is needed to meet customer demand, the company purchases power from the regional energy market. The cost of fuel used to generate electricity and the cost of purchased power are passed directly to customers with no profit to NV Energy.
Similarly, the cost of purchasing and delivering natural gas is passed through to customers without profit to NV Energy. Because electricity fuel costs, purchased power costs and natural gas supply costs can change throughout the year, NV Energy regularly reviews actual costs and compares them to the amount previously collected from customers. Adjustments are made through a regulatory process designed to keep rates aligned with these costs.
The adjustments included in these filings reflect current energy supply costs and help ensure customers neither overpay nor underpay for fuel, purchased power and natural gas costs over time.
NV Energy continues to focus on providing safe, reliable and affordable energy while investing in the infrastructure needed to serve Nevada's growing communities and economy.
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About NV Energy
NV Energy provides a wide range of energy services to more than 1.5 million customers throughout Nevada and a typical annual tourist population of 54 million. NV Energy, Inc. is a holding company whose principal subsidiaries,
Nevada Power Company and Sierra Pacific Power Company, do business as NV Energy. NV Energy is headquartered in Las Vegas, Nevada. Information about NV Energy is available on the company's website, LinkedIn, Instagram, Facebook, X, and YouTube pages, which can be accessed via nvenergy.com.
