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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Ukraine's parliament backs amendments to electricity market law
KIEV - The Verkhovna Rada, Ukraine's parliament, has adopted at first reading a draft law that proposes giving the National Commission for State Regulation of Energy and Public Utilities the right to set marginal prices in the electricity market until 2023.
A total of 259 MPs voted for the document at a parliament meeting on Tuesday, November 12, according to an Ukrinform correspondent.
Bill No. 2233 introducing amendments to the law on the electricity market provides for the legislative regulation of the mechanism for fulfilling special obligations for the purchase of electricity at a "green" tariff, preventing the uncontrolled growth of electricity…
