Regulators may OK $10 monthly NV Energy rate hike
The Nevada Public Utilities Commission is due to consider a proposal to cut the Las Vegas-based utility's request for a 16.7 percent rate hike to 9.3 percent.
The PUC would add savings from expected drops in the cost of fuel and power to lower the rate hike even more, to about 6.8 percent or $10.05 a month.
Part of the increase would kick in July 1, pushing the average summertime single-family residential power bill from about $256 to $263 a month. The rest of the increase would come January 1.
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Independent power project announced by B.C. Hydro now in limbo
VANCOUVER - A small run-of-river hydroelectric project recently selected by B.C. Hydro for a power purchase agreement may no longer be financially viable.
The Siwash Creek project was originally conceived as a two-megawatt power plant by the original proponent Chad Peterson, who holds a 50-per-cent stake through Green Valley Power, with the Kanaka Bar Indian Band holding the other half.
The partners were asked by B.C. Hydro to trim the capacity back to one megawatt, but by the time the Crown corporation announced its approval, it agreed to only half that — 500 kilowatts — under its Standing Order clean-energy program.
“Hydro wanted…
