Casino giants slam NV Energy over $34 million in June rate request

Casino giants slam NV Energy over $34 million in June rate request

Article brief provided by KLAS-TV
  • Greg Haas, KLAS-TV
October 16, 2023 8:08 PM
  • Greg Haas, KLAS-TV

The state should reject NV Energy’s bid to have consumers pay an extra $34 million a year for capital projects, lawyers for big casino companies argue.

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The companies say the utility is going back on its word about charging ratepayers for Greenlink, a $2.5 billion project to build new power lines to carry solar energy.

Briefs from lawyers representing MGM Resorts International, a division of Caesars Entertainment, the Venetian, Wynn Resorts, Station Casinos and Boyd Gaming challenge NV Energy’s attempt to have ratepayers shoulder the development costs. Even the Southern Nevada Water Authority (SNWA) is on record in its opposition.

But NV Energy dismisses the arguments as “immaterial” and says Greenlink isn’t even the project they’re talking about.