City of Las Vegas poised to stay with NV Energy after competitor withdraws application
An outsider power wholesaler that made a pitch to snatch the city of Las Vegas away from NV Energy as a customer has withdrawn its application, likely preventing one of the utility’s largest customers from departing.
A lobbyist for Tenaska, an Omaha-based power provider that also provides electric service to MGM Resorts and Caesars Resorts, told members of the Las Vegas City Council on Wednesday that the company was withdrawing its bid to supply the city with electric power after initially announcing their interest last month. Dave Brown, representing the company, gave few details beyond saying the company would be “better served to pull their application today, so that’s what we’re doing.”
The move almost guarantees that NV Energy, which has pushed back against the rush of large power customers filing to leave the utility as electric customers, will retain the city as a customer. Allies of the company — including the AFL-CIO and other labor groups — had previously launched a website and ad campaign called thankyoumayorgoodman.com thanking Mayor Carolyn Goodman for supporting community partners such as NV Energy.
During the meeting, NV Energy CEO Doug Cannon said the company would continue to work with the city on its pending optional pricing program for large electric customers, and pledged that the utility would request during its next general rate case before the Public Utilities Commission to reduce rates by $100 million.
“NV Energy brings to the table competitive prices, we bring certainty, we bring simplicity, and we bring transparency,” he said.