NV Energy exit fees

  • 5 years ago
NV Energy sets the retail sales price of power to consumers, with the approval of the Nevada Public Utilities Commission. Then it manages the power lines that deliver the electricity to homes and businesses. Six companies have exited NV Energy, starting with Barrick Gold Corp. in 2005.
But they've had to pay an exit fee. The fee is to negate unexpected costs for NV Energy’s remaining customers Now those companies buy their energy elsewhere. Options range from solar facilities to independent power producers.

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