Southwest Gas Customers to See Reduced Bills Following Rate Change
In a positive development for consumers, the Public Utilities Commission of Nevada has approved a rate decrease for Southwest Gas customers, set to take effect on July 1. This decision, issued in Docket No. 25-05009 on June 23, stems from a settlement agreement involving the commission’s Regulatory Operations Staff, Southwest Gas, and the Nevada Bureau of Consumer Protection.
The adjustment lowers the Deferred Energy Accounting Adjustment (DEAA) rate, which directly impacts natural gas billing. In Southern Nevada, the DEAA rate will decrease from $0.16528 to $0.20000 per therm, while in Northern Nevada, it will drop from $0.15000 to $0.25000 per therm. Consequently, customers can expect monthly bill reductions of over $13 in Southern Nevada and more than $22 in Northern Nevada.
Importantly, the DEAA is a pass-through rate, meaning Southwest Gas does not profit from the natural gas it purchases for customers. The adjustments reflect market conditions, with cost discrepancies managed through two charges: the Base Tariff Energy Rate (BTER) and the DEAA. This change aims to ensure fair pricing for customers while reflecting current market realities.
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