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flag NV Energy proposes a $500M wildfire insurance fund, raising rates by $2.40 in North and $0.50 in South Nevada.

flag NV Energy proposes a wildfire self-insurance fund to protect against potential wildfire liabilities, with customer rate increases of $2.40 in Northern Nevada and $0.50 in Southern Nevada, respectively. flag The fund, totaling $500 million, would be collected over ten years to avoid sudden rate hikes. flag Approval by the Public Utilities Commission of Nevada is required for implementation.

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