Southwest Gas has announced that it will file a General Rate Case (GRC) with the Public Utilities Commission of Nevada (PUCN). The request asks that the new rates become effective November 1, 2009.
In northern Nevada, the company requests to increase its authorized operating revenues by $1.7 million or 1.4%. This would impact an average monthly residential bill of $84.66 for 61 therms by $1.30 to $85.96.
Also in southern Nevada, the request is for an increase of $28.8 million or 5.9% and would impact an average monthly bill of $53.97 for 44 therms by $3.78 to $57.75.
The company has said that it is also seeking to implement a decoupled rate structure based on recently established PUCN rules that will allow it to more aggressively pursue customer conservation opportunities.
Roger Montgomery, vice president of pricing at Southwest Gas, said: It has been five years since Southwest Gas last submitted a general rate case to the PUCN to increase its base rates to recover increased costs of operating its system.
Southwest Gas anticipates that recently lower commodity prices of natural gas will also result in the company submitting future requests to lower the gas cost component of its rates.