Southern Nevada natural gas customers to see lower bills starting in July

LAS VEGAS (KSNV) — Southern Nevada natural gas customers will see lower rates on their bills starting next week.

Southwest Gas said the Public Utilities Commission of Nevada, or PUCN, agreed to its filing to reduce the Deferred Energy Account Adjustment (DEAA) in its gas cost rates.

Amy Timperley, senior vice president and chief regulatory officer for Southwest Gas, said changing market conditions have led to lower natural gas prices.

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“Notwithstanding the effectiveness with which the DEAA quarterly adjustment has historically performed, we feel that implementing a larger credit DEAA rate as soon as practical is appropriate to help our Nevada customers recognize the benefit of lower rates,” Timperley said in a statement.

Starting on July 1, Southern Nevada customers will receive a 20-cent DEAA credit rate per therm. The company estimates this would equal about $10.56 in savings per month for the average monthly usage of a single-family home.

Customers in Northern Nevada will also get a 25-cent DEA credit rate per therm.