Nevada Power Granted Big Rate Increase

The state Supreme Court ruled recently that Nevada Power could collect $665 million from customers in southern Nevada. The high court added $180 million more to the $485 million that Las Vegas-based Nevada Power Co. was allowed recover by the state Public Utilities Commission. The decision grants them more than two-thirds of the $922 million the company initially sought in the heavily disputed case.

State Consumer Advocate Eric Witkoski said the unanimous Supreme Court ruling could result in an "unfair" 9 percent increase in Las Vegas-area electricity rates if the utility seeks to recover the money all in one year.

Read more about the decision in the article State high court grants big Nevada Power rate increase.