NV Energy maintains it needs more direction from the state Legislature on how it should reduce its reliance on the expensive energy open market.
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Assembly Bill 524, sponsored by Assemblyman Howard Watts, details how electric utility would add in-state power generation, with a focus on renewables.
The Public Utilities Commission denied approval for part of an NV Energy plan meant to help Nevada reduce its use of coal.
Republican Gov. Joe Lombardo issued an executive order Monday outlining the state’s energy future, drawing a sharp contrast with the energy goals of his Democratic predecessor.
The Public Utilities Commission said the utility did not prove its plan had a reasonable budget for ratepayers to cover, approving just $70.1 million.
The electric carmaker is set to receive the tax abatements over the next 20 years after members of a state workforce development board approved the proposal.
The state’s order came after a major pipeline that delivers gasoline supplies to Las Vegas developed a leak in Long Beach, California.
Gov. Joe Lombardo said he is not aware of any reports of price gouging following last week’s shutdown of a pipeline that supplies gasoline to Las Vegas.
The pipeline supplies gasoline, diesel and jet fuel to locations throughout California and Nevada, including Las Vegas.
U.S. Secretary of Energy Jennifer Granholm announced a proposed $2 billion loan for a Nevada company that produces parts for lithium batteries.