The energy choice initiative would create uncertainty across the energy sector said howard geller executive director of the southwest energy efficiency project in an interview.
Nevada energy choice initiative.
The measure was defeated.
Vote yes on question 3 the energy choice initiative.
Nevada voters have rejected a hotly contested and expensive ballot initiative that backers characterized as open market energy choice while opponents led by the state s dominant electric utility.
Nv energy is the product of the 1998 merger of the two major utilities in nevada northern nevada s sierra pacific power.
Many businesses including those who would relocate here and create new jobs.
The energy choice initiative which would amend the nevada constitution if voters approve the initiative again in the 2018 general election.
Eci does not mandate what the new market will look like.
In addition as ratepayers we are limited in the types of renewable energy we can purchase because most of us are forced to buy energy from a monopoly.
Nevada has some of the highest electricity rates in the west.
If approved the energy choice initiative would end nv energy s monopoly on electricity and allow consumers the right to choose their own electricity providers.
Rather it imposes upon the legislature the responsibility to ensure meaningful choice freedom to compete and customer protection.
On november 8 2016 the voters of the state of nevada approved ballot question 3.
Energy choice initiative eci eliminates the electric monopoly in nevada opening the way for competition innovation and lower costs.