Wednesday, December 1, 2021 12:16 pm

Prominent Nevadans take aim at electric monopoly

Last year, a decision from lawmakers and regulators set off an exodus of solar companies from the state. /FlickrCC/BlackRockSolar
Last year, a decision from lawmakers and regulators set off an exodus of solar companies from the state. /FlickrCC/BlackRockSolar

A group of heavy hitters in Nevada politics is fed up with the state’s electric utility, so they’re pushing a plan to make it compete for business.

By Daniel C. Vock | Governing

Sheldon Adelson, the Las Vegas casino magnate and Republican megadonor, doesn’t often agree with U.S. Sen. Harry Reid, the outgoing Democratic majority leader. But this year, they’re teaming up in an attempt to break up Nevada’s electric monopoly.

The two are part of an effort to amend Nevada’s constitution to force legislators to rewrite the state’s policies for electric utilities, giving customers the choice of which company they want to provide their power. The arrangement would force electric companies to compete for business, rather than operating as monopolies in their area and charging rates set by state regulators.

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