NV Energy addresses plans for $1 bil. power plant
By Kyle Roerink, Las Vegas Sun
After his company faced criticism for proposing to build a $1 billion power plant, NV Energy CEO Paul Caudill outlined the near-future plans on the 706-megawatt project, according to testimony he filed with the Public Utilities Commission.
The company has asked regulators for $2.4 million to study building the $1 billion plant and described it as part of a “preferred plan” for the future. Solar, environmental and small-business groups in the state have already shown opposition.
The proposal first appeared in a 4,493-page report that details the company’s energy supply plan for the next 30 years. The commission has jurisdiction to decide if the utility can fund the study and will do so by January.
$2.4 MILLION for a STUDY???
Clearly, the monopoly positioning of utilities needs to end. We need TRUE deregulation, not the phony government manipulated deregulation that was attempted in the 90s.