Regulators could decide next week on gaming companies’ exit from Nevada Power

Posted by: Angelyn Tabalba Tags: There is no tags | Categories: Newsroom

November
25

By Sean Whaley |November 25, 2015

State regulators are expected to decide next week on whether three major gaming companies can leave Nevada Power Co. and secure their own electricity supplies on the open market.

All three exit applications by MGM Resorts International, Wynn Resorts and Las Vegas Sands Corp. are on the agenda for the Nevada Public Utilities Commission for possible action Dec. 2.

The three companies represent a large share of the utility’s demand.

MGM, with its multiple properties, is the largest at 4.86 percent of Nevada Power’s annual energy sales. MGM has said it fully intends to leave the utility, a part of NV Energy, if the application is approved.

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