Station Casinos, which filed its application to leave the utility in June, was assessed either a $18.1 million fee payable over six years, or a $14.9 million up-front charge due within 120 days if it wants to proceed with the application. But the commission is allowed to assess an “impact fee” - based on projected electric use and other incurred costs - on departing companies to avoid leaving other utility customers with unexpected costs. The two companies made the applications under a state law that allows large power customers to file an “exit” application from NV Energy and purchase power on the open market, often to obtain cheaper rates or a different fuel mix. Station Casinos will need to pay a nearly $15 million fee to leave NV Energy as a customer after a decision by state regulators, but no such fees will be assessed to an under-construction biofuels company also seeking alternatives to the utility.Īt a commission meeting on Wednesday, the state’s Public Utilities Commission approved two draft orders laying out the next steps for the two companies, Stations Casinos and Fulcrum Sierra Biofuels, to leave NV Energy’s service territory and purchase electricity from a different provider.
