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Energy | State Government

Nevada writes off nearly $12 million in federally funded clean energy loans as ‘bad debt’

October 14th, 2020 - 2:00am
But out of more than $17.6 million in loans granted through the program, the Office of Energy leadership says that only $3.7 million of that initial sum has been paid back, with $11.8 million considered “bad debt” and written off by the state as of Tuesday. There are five loans — cumulatively worth about $2 million — that are still being actively paid off.

Energy | Environment

More details emerge from NV Energy’s rare electricity conservation request from August

October 13th, 2020 - 2:00am
More than two months later, NV Energy is releasing more information about the decision-making process that led to the request for power conservation, as well as data that may help state utility regulators determine whether the conservation request was a one-time unusual request or a sign that the utility needs to do more to ensure resource adequacy as climate change and other factors drive more strain on the system.

Energy | Environment | State Government

Addressing climate change, sprawl, lawmakers advance proposal expanding fuel taxes to cover ‘transportation infrastructure’

September 17th, 2020 - 2:00am
Members of the Interim Legislative Committee on Energy voted Wednesday to move forward with a potential constitutional amendment broadening existing, narrow provisions on fuel taxes to instead allow for those tax dollars to fund the broader category of “transportation infrastructure.”


NV Energy ordered to pay back $60 million to Southern Nevada customers after over-collection, about $53 per household

September 12th, 2020 - 2:00am
The state’s Public Utilities Commission made the decision during its meeting Wednesday, resulting in the largest ever one-time bill credit given by the utility to its customers. Commissioners wrote in the published order that the utility should return the overearnings collected over the last two years to customers as soon as practical, in part to help “alleviate some of the financial pressures caused by the COVID-19 global pandemic.”

Energy | State Government

Utility regulators approve investigation into electric capacity after NV Energy calls to reduce power consumption

August 27th, 2020 - 2:00am
The three members of the commission — which oversees and regulates utility businesses in the state — voted unanimously during their Wednesday meeting to launch the investigation, an initial step that will allow regulators to take a more active role in overseeing supply adequacy, after electric demand over the past week have far outstripped projections.


‘Unprecedented’ stress on power grid drove NV Energy to request voluntary electric cutbacks

August 20th, 2020 - 2:00am
“This really is an unprecedented event on the Western energy grid, and we are seeing unprecedented demand on the Western energy grid right now,” Cannon said in an interview. “You talk about 100-year flood events, these kinds of unprecedented events that occur, I would put the demand that we’ve seen over the last five days in that category.”


The Indy Explains: Why NV Energy is pushing for a $2 billion statewide transmission upgrade

July 27th, 2020 - 2:00am
Now, more than a decade later, the utility has proposed another major transmission line upgrade. Dubbed “Greenlink Nevada,” the estimated $2 billion transmission project would upgrade existing lines between Ely and western Nevada (centered in Yerrington) and a new line between Las Vegas and Yerrington, forming a transmission line triangle inside the state.


Southwest Gas proposes hiking gas rates across state to pay for infrastructure upgrades, other costs

March 5th, 2020 - 2:00am
The proposed rate increases would mean the average monthly bill for a Southern Nevada single-family residence would go up by an estimated 8.65 percent, or a $3.71 hike in their monthly gas bill. The increase would be less for the company’s Northern Nevada customers, with an estimated 3.19 percent increase or roughly $2.47 increase in monthly gas bills.


NV Energy to pay North Las Vegas $250,000 a year to remain a customer

February 25th, 2020 - 2:00am
The contract, which was approved without comment as part of the North Las Vegas City Council’s consent agenda during a meeting last Wednesday, is the latest in an ever-growing string of contracts that sees NV Energy give direct cash payments to government entities in return for sticking with the utility as a customer and promising to apply for a future fixed-rate, renewable energy based pricing program.

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