7/2/2018 6:51:28 PM -
MarketWISE strives to keep you informed of both near term developments that require your immediate attention as well as some initiatives that may take years of planning and effort to reach implementation status in our industry.
We have been tracking efforts in Nevada as they explore adopting Energy Choice. This can be a long process but here is some history and the latest developments for you to utilize in your market expansion programs:
November 8, 2016
At the Nevada General Election on November 8, 2016, Nevada’s voters approved Ballot Question 3, the Energy Choice Initiative (“ECI”). In order for ECI to become law, Nevada’s voters must approve the proposed constitutional amendment a second time at the 2018 General Election.
February 9, 2017
The Governor signed Executive Order 2017-03, establishing the Governor’s Committee on Energy Choice, on February 9, 2017. The Committee to “identify the legal, policy, and procedural issues that need to be resolved, and to offer suggestions and proposals for legislative, regulatory, and executive actions that need to be taken for the effective and efficient implementation of [ECI].”
April 26, 2017 through June 18, 2018
The Committee first met on April 26, 2017 and concluded its work on June 18, 2018. The Committee was organized into five Technical Working Groups. The Committee and its working groups met more than 30 times and heard from dozens of policy experts from Nevada and from around the nation. The following link constitutes the findings and policy recommendations adopted by the Committee as a result of this extensive deliberative process…http://energy.nv.gov/uploadedFiles/energynvgov/content/Programs/TaskForces/2017/Final%20Draft%20to%20Cmte_June%2012V3.pdf
May 9, 2018
On May 9, 2018, the Committee voted to approve all recommendations presented by each of the technical working groups. [NOTE: APPROVAL OF ECONOMIC IMPACTS RECOMMENDATION IS PENDING….]
November 6, 2018
During the Nevada General election to be held on November 6, 2018, Nevada voters can choose to approve or reject this amendment The summary of the information link (above) that discusses in detail the Committee’s findings and policy recommendations may be required if ECI is approved at the November 2018 General Election.
MarketWISE will keep you informed as more information becomes available within this Nevada effort as well as additional efforts in other states. Please let us know if you have any questions on this information.