• About Us
  • Activity
  • Advertising
  • Books
  • Business
  • Contact
  • Dashboard
  • EB5
  • Entertainment
  • feedback
  • Forgot Your Password?
  • Government
  • Home
  • Interviews
  • Login
  • Members
  • Meme generator
  • National
  • Nevada
  • Nevada News and Views
  • Newsmax
  • NN&V Ads
  • Opinion
  • Pick a New Password
  • Politics
  • Polls
  • Privacy Policy
  • Profile
  • Recent comments by me
  • Recent comments on my posts
  • Register
  • Submit post
  • Subscribe
  • Subscription Confirmation
  • Survey
  • Survey
  • Terms of Service
  • Today’s Top 10
  • Travel
  • Travel
  • Travel
  • Welcome!
  • Yop Poll Archive
Nevada News and Views
  • About Us
  • Advertising
  • Contact
  • More
    • Nevada
    • Opinion
    • Business
    • Travel
    • News
    • Sports
  • Facebook

  • Twitter

  • Pinterest

  • RSS

Business

NV Energy shortfall

NV Energy shortfall
N&V Staff
August 21, 2015

(Nathan Emens) – Energy costs are a major expenditure for my business. Because of this, I am concerned with the Integrated Resource Plan that NV Energy recently filed with Nevada’s Public Utilities Commission.

In the filing, NV Energy stated it will face a “significant resource need” as early as 2018. A closer look at data buried deep in the filing reveals a shortfall of a whopping 15 percent of demand in 2018.

I worry that this can only mean higher energy costs for consumers in the very near future. How NV Energy proposes to deal with this supply shortfall is confusing.

On one hand, the company indicates one of the primary reasons for the shortfall is the expiration of a power purchase agreement with the Griffith Energy Plant in September 2017. On the other hand, NV Energy offers no explanation as to why it isn’t renewing this agreement. Instead, the stated plan is to “explore market-based solutions” (whatever that means) until it can build its own $1 billion plant and get it on line in 2020.

Is NV Energy intentionally creating this so-called power shortage as a ploy to raise our electric bills? Is the Griffith Energy Plant no longer available as a resource? Are the “market-based solutions” contemplated by NV Energy akin to the financial wizardry that put the company on the brink of bankruptcy about a decade ago?

And the biggest question of all: Is building a new plant and saddling consumers with the $1 billion price tag really the best plan for Nevada — or just the best plan for NV Energy’s new owner, Warren Buffett?

It is this type of game-playing that has led some major energy users in Nevada to consider abandoning their relationships with NV Energy and move to other sources of power. Unfortunately, most of us do not have that choice.

I certainly hope the PUC keeps these questions in mind as it considers the plan submitted by NV Energy. And more importantly, the PUC should force NV Energy to provide answers to these questions. The company should have to explain to all of us how it plans to provide affordable power to our state in the coming years if it already knows it won’t have enough power to meet our needs.

(Mr. Emens is a Las Vegas political consultant and adviser to Assembly Speaker John Hambrick.  This column was originally published as a letter-to-the-editor in the Las Vegas Review-Journal on August 21, 2015.)

Prev postNext post

Related Items
Business
August 21, 2015
N&V Staff

Related Items

More in Business

Graves: Don’t Allow Subsidized, Foreign Sugarcane to Enter U.S. Markets

N&V StaffNovember 1, 2022
Read More

Conservatives Should Not Surrender on Sugar

N&V StaffOctober 7, 2022
Read More

Sugar Growers Outraged by New Study Showing Big Candy Posting Big Profits

N&V StaffSeptember 26, 2022
Read More

Behold the First Truly Post-Trump Farm Bill – Properly This Time, DC Conservatives

N&V StaffSeptember 19, 2022
Read More

Food security issues, farmers’ pessimism greet the 2023 farm bill

N&V StaffSeptember 16, 2022
Read More

Runaway inflation puts American food security at risk

N&V StaffSeptember 14, 2022
Read More
Scroll for more
Tap

Subscribe Free By Email

Looking for the best in breaking news and conservative views? Let Chuck do all the work for you! Subscribe to his FREE "Muth's Truths" e-newsletter.

* indicates required
Nevada News and Views
Nevada News & Views is an educational project of Citizen Outreach Foundation, a non-partisan IRS-approved 501(c)(3) organization. It is not associated or affiliated with any political party or group. Nevada News & Views is accessible by the public at no cost. It funds its operations through tax-deductible contributions from donors and supporters and does not accept government money or grants.

TAGS

Featured Article Nevada Politics business Muth's Truths government Opinion Government Muth’s Truths Obama Ron Knecht News Donald Trump GOP Republicans

Copyright © 2022 Citizen Outreach | Maintained by VirtualAlly

Did NTIA notify Congress it unilaterally changed the IANA functions contract?
NPRI: Employee Freedom