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.
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.
NV Energy plan to issue $120 million bill credit, lower rates approved by utility regulators
October 7th, 2020 - 11:34am
Members of the Public Utilities Commission voted 2-0 to approve the stipulation agreement on Wednesday, the final stamp of approval before the utility company can begin processing the bill credit for customers (Commissioner Tammy Cordova abstained, as she worked on the docket in her previous role as a regulatory attorney for the commission).
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.”
How ahead-of-schedule energy storage adoption could help Nevada avoid blackouts, electric supply issues
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.
Regulators plan investigation into ‘resource adequacy’ after NV Energy’s call to lessen electric use
August 21st, 2020 - 6:30pm
The Commission has scheduled a discussion on opening the investigation docket for its Wednesday meeting, which is described as an “investigation regarding resource adequacy and planning to ensure that electric utilities’ supply of energy is sufficient to satisfy demands and maintain reliable, continuous service.”
‘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.
Nevadans at Work: Water reclamation in Nevada
Sisolak appoints PUC lawyer to fill open spot on regulatory commission
June 22nd, 2020 - 11:00am
Sisolak announced in a press release on Monday that he is appointing Tammy Cordova, the PUC’s chief counsel for regulatory operations staff, to the position of commissioner on the regulatory body that oversees operations of electric, gas and other utility companies in the state.
NV Energy files long-promised $120 million rate reduction that would slash monthly power bills
June 16th, 2020 - 2:00am
The request to lower electric rates was made in the utility company’s general rate case application filed on June 1 and makes good on a year-long promise by the state’s primary electric utility to reduce its revenue requirement — the calculated amount of profit its allowed to make on the sale of electricity.
NV Energy introduces long-awaited, renewable-based pricing plan for large businesses, customers
May 11th, 2020 - 2:00am
Although the new tariff is couched in economic recovery language — saying it will allow large businesses and government entities to “put people back to work and can provide critical services to communities during this time of recovery” — the pricing plan has been in the works for more than a year.
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.
Cortez Masto presses DOE secretary on plan to seek Yucca alternatives
March 3rd, 2020 - 12:33pm
Energy Secretary Dan Brouillette sought to reassure Sen. Catherine Cortez Masto on Tuesday that the Department of Energy plans to seek alternatives to storing nuclear waste at Yucca Mountain, but he stopped short of backing an effort to change the law designating the site for a national repository.
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.
Regulators approve special, renewable-based electric pricing deal between Raiders, NV Energy
NV Energy faces six-figure fine for ignoring energy storage incentive targets
December 18th, 2019 - 2:00am
According to a draft order published on Friday and up for approval at the Public Utility Commission’s Wednesday meeting, the utility essentially ignored a 2017 state law and subsequent commission orders requiring it to put aside $10 million in energy storage investments, instead using the funds to pump up subsidy payments for solar installations. The fine, which will be deposited in the state’s general budgetary fund, is the maximum amount allowed under Nevada law.