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Electric Bills Dropping, But Not By Much

AS VEGAS (AP) — Electric bills are going down slightly next week for NV Energy customers in southernNevada.

The Las Vegas Review-Journal reports the average residential bill will go down by $1.35 a month starting in July. The change is the result of an agreement between NV Energy, the Public Utilities Commission and the state Bureau of Consumer Protection.

NV Energy had initially requested a statewide rate hike that would have increased bills by about 0.39 percent. The agreement lowers the rates by about 0.88 percent in southern Nevada starting July 1.

The proposal was approved Wednesday.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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