NRS 704B Electricity Market Exit Analysis

WHAT NEVADA DID • • The Nevada Legislature passed a law in 1997 (AB366) that directed the State to open its energy market. However, this ultimately would not come to fruition. California's crisis as well as blackouts and price increases in Nevada were the key factors in Nevada slamming the brakes on its deregulation push. Legislators and Governor Kenny Guinn kept delaying the open market deadline as the crisis in the west unfolded. In 2001, to protect Nevada's economy and ratepayers, the Legislature chose to keep a regulated utility structure through AB369 and AB661.

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