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Northern Nevada Business View: NV Energy’s $198 million renewable energy expansion approved

Posted by Geoff Dornan on Dec 24, 2018

Northern Nevada Business View reported on NV Energy’s three-year energy plan that was recently approved by the Public Utilities Commission of Nevada. AEE’s perspective is included, quoting Ray Fakhoury, State Policy Associate. See excerpts below and read the entire story here:

The Public Utilities Commission of Nevada has approved NV Energy's three-year plan to effectively double the utility's renewable energy portfolio.

Under the plan, NV Energy will spend about $66 million a year to build more than 1,000 megawatts of new solar power. That's a 30 percent increase over current spending.

The plan also calls for construction of 100 megawatts of energy storage…

Anne Kelly, policy director at Ceres, a nonprofit group working with investors and companies, said major employers in Nevada have committed to invest in energy efficiency and renewables and welcome NV Energy's decision to embrace clean energy sources…

She was joined by Ray Fakhoury of Advanced Energy Economy who said the economics are undeniable since projects are saving money for businesses and consumers. And Ellen Zuckerman, an energy consultant, said the simple fact is large companies are for this plan because it saves them money.

Read the complete Northern Nevada Business View piece here.

Topics: AEE In The News