1/2 This is my understanding of what #NVEnergy ( #Nevada electric #utility #monopoly) is about to do to every customer, rich or poor, & to SMALL businesses, starting Jan 1, 2027, to subsidize NVE decreasing profits due to more widespread use of solar energy in the state. Mind you, they are still very profitable.

NVE will measure each of those customer's HIGHEST 15 minutes of usage per 24 hour cycle, determine the charge for that 15 minutes then ADD it on top of, in addition to, the total bill.

2/2 It will be a fact that NVE customers in those categories will pay 2X for that 15 minute usage. They (you & me) will pay the 15 minutes according to the PUCN approved usage rate per kilowatt hour, then we will pay for that time again under a different name: #DemandCharge.

I call it double dipping.

This has been fought in court & utility customers in #Nevada lost.

BTW - #WarrenBuffet, who many tout as a philanthropist, is the largest shareholder of NVE. He gives nothing back to Nevada