MGM Resorts International has followed through with an application with state regulators to leave Nevada Power Co. and purchase its own electricity on the wholesale market, joining Wynn Las Vegas and Las Vegas Sands Corp.
Energy
The daylong National Clean Energy Summit promotes advances in energy and energy efficiency and has attracted top political and business leaders.
A state lawmaker said Monday she wants the Public Utilities Commission to resolve the issue of how to allow the rooftop-solar industry to remain economically viable in Nevada without shifting costs to other utility customers.
Applications by Wynn Las Vegas and the Las Vegas Sands Corp. to leave Nevada Power Company, doing business as part of NV Energy, and acquire their own electricity on the wholesale market have been filed with state regulators.
On Earth Day last month, just as a hearing was getting underway on an application by the data-storage company Switch to leave Nevada Power, the utility’s parent company came out with a little-noticed press release.
A typical Southern Nevada single-family residential customer bill of $154.54, based on average usage of 1,141 kilowatt-hours a month, will see a decrease of approximately 3.13 percent, or $4.84.
A poll of 300 likely Nevada voters suggests that state lawmakers could suffer at the polls come election time next year if they do not support expanding rooftop solar efforts through a net metering program.
A site within the U.S. Naval Air Station in Fallon was one of five the Department of Energy is considering for its Frontier Observatory for Research in Geothermal Energy lab. California, Utah, Idaho and Oregon also are competing.
Allowing data storage company Switch to leave Nevada Power with a lower “exit fee” than recommended by state regulators would expose the utility and its remaining customers to the volatile purchased power market and would not be in the public interest, a member of the PUC staff has testified.
The list of large companies seeking to leave Nevada Power to secure their own cheaper energy is growing.
NV Energy’s report on renewable energy shows that the utility has exceeded the state’s 18 percent Renewable Portfolio Standard requirement for 2014, which is based on total energy sales.
An NV Energy official said this week that rooftop solar companies can continue to operate in Nevada without net metering.
U.S. Sen. Harry Reid on Friday told a clean-energy luncheon he was proud of the progress Nevada has made during the past few years in developing renewable energy and attracting new businesses.
Three major Southern Nevada hotel-casino companies want to follow the lead of Switch and leave NV Energy to secure their own power supplies.
NV Energy continues to seek options for phasing out its coal-fired power plants in Southern Nevada.