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NV Energy Swaps Efficiency For Ratepayer Savings

(Las Vegas) – Nevada regulators have decided to halt some energy efficiency programs because they are not cost effective.

The state Public Utilities Commission on Thursday directed NV Energy Inc. to stop operating its weatherization program for low-income residents and to halt its subsidies of energy-efficient light bulbs, the Las Vegas Sun reported.

Suspending those two programs will save ratepayers $3.8 million.

Comments

One Comment

  1. Gary T says:

    NVEnergy is swapping nothing. NVEnergy is being forced/directed to halt costly efficiency programs to SAVE ratepayers money. They wouldn’t reduce anything. After all, they are guaranteed 10% profit, Boy does that suck.

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