Southwest Gas Proposes $230M Rate Hike for Nevada
Las Vegas News Today | 2 Min Now | The Daily News Now! · The Daily News Now!
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Show Notes
Southwest Gas Proposes $230M Infrastructure Expansion, Faces Criticism: The company has filed a plan to pass on $230M in project costs to Nevada customers, including the Tule Springs expansion and Summerlin West projects. Critics argue the company hasnt proven the need or cost reasonableness, while clean energy advocates seek more detailed breakdowns and cost controls. Gas rates have already risen, with a $13M increase planned for July 2026. Despite criticism, Southwest Gas reported an 8.7% net income increase to $283.9M last year, expecting earnings growth of 12-14% through 2030.
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