Group wants to break NV Energy’s monopoly
By Daniel Rothberg, Las Vegas Sun
A group filed a ballot measure Feb. 3 that would create a competitive electricity market in Nevada to effectively end NV Energy’s monopoly through a constitutional amendment.
The amendment would require the Legislature to create an open market for purchasing electricity and prohibit monopolies, according to language released by the Secretary of State’s Office. Under the current structure, NV Energy operates as a regulated monopoly.
The measure is being supported by a newly formed political action committee, Nevadans for Affordable, Clean Energy Choices. Its backers have not yet identified themselves.
This is a long overdue great idea. Many businesses always preach a free market capitalism system but they would really prefer a monopoly.