Nevada Governor Puts Renewables Initiative Back on Track

July 09, 2004

Nevada Governor Kenny Guinn proposed regulatory changes to the Nevada Public Utilities Commission (PUC) and legislative proposals to the Nevada Legislature on July 9 to help the state meet its renewable portfolio standard. Guinn said that the purpose of the proposals was to give investors in Nevada renewable energy projects reasonable guarantees of a fair return. And he said, "We are giving our utilities a chance to use more renewable energy sooner." According to Nevada State Energy Office Director Richard Burdette, the proposals involved commitments from individuals and organizations that usually have no need to work together. Burdette said, "Nevada's renewable energy development was interrupted by financial events of 2002, but will be put back on track by this initiative." For more information, see the governor's July 9 press release.