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Article: Sierra Pacific Power Files General Rate Case; Seeks to Defer Portion of Rate Increase to Lessen Impact on Customers.
- Article from:
- PR Newswire
- Article date:
- December 2, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sierra Pacific Power Company, a wholly owned subsidiary of Sierra Pacific Resources , today filed its mandatory biennial General Rate Case (GRC) with the Public Utilities Commission of Nevada (PUCN). Sierra Pacific's filing is designed to lessen the impact of a rate increase by deferring a portion of its total request until 2005, at a time when the implementation of the balance would be significantly offset by the expiration of previously granted deferred energy filings that customers are currently paying.
As a result of the proposed deferral, today's filing requests a 9.7 percent overall rate increase beginning June 1, 2004. Without the deferral until 2005, ...