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Energy on the ballot – Question 3 and Question 6

This fall, NV will have two ballot Questions related to energy.

Question 3 – The Energy Choice Initiative

This ballot Question is far more complex that the soundbites in the commercials would lead you to believe. Reshaping how every rate payer in NV gets electricity is a massive undertaking that will impact everyone’s bills for decades – solar and non-solar alike. Robco is Neutral on the Question due to the uncertainty about how solar homes and businesses will be treated under energy choice. We urge you to explore both sides of the debate yourself. We have written two blog posts talking about Question 3 – the Energy Choice Initiative and how it might impact solar customers. 

Here is a summary from Ballot-o-pedia about what the Question does. Read more here.

Nevada Question 3, the Legislature to Minimize Regulations on the Energy Market and Eliminate Legal Energy Monopolies Amendment, is on the ballot in Nevada as an initiated constitutional amendment on November 6, 2018.

“yes” vote supports this constitutional amendment to require the Nevada Legislature to establish “an open, competitive retail electric energy market,” reduce energy market regulations, and prohibit energy monopolies.
“no” vote opposes this constitutional amendment to require the legislature to establish an open and competitive retail energy market.[1]

In Nevada, initiated constitutional amendments need to be approved in two even-numbered election years. On the ballot as Question 3 in 2016, this amendment has been approved once. The measure needs to be approved again in 2018.

 

We are co-hosting a non-partisan Townhall Panel discussion on Question 3. Click here for details.

Question 6 – Raising the Renewable Portfolio Standard to 50% by 2030

This Question will raise Nevada’s Renewable Portfolio Standard to 50% by 2030. That means that 50% of the power generated or sold in the state of Nevada by any company must be from renewable sources (solar, wind, hydro, geothermal, biomass etc) by the year 2030. Nevada already has a very successful RPS. Our current goal of 25% by 2025 was met and exceeded in 2015. This higher standard was passed through both houses of the state legislature with little opposition in the 2017 session (AB206), but was vetoed by the Governor due to concerns over how Question 3 would change our energy market. Backers of the higher RPS have qualified it as a ballot question this fall.

Robco is in favor of Question 6. Right now, when any company goes to build a power plant, according to a 2017 study by Lazard the economics strongly favor wind and solar as the two cheapest to build and operate sources of power generation per megawatt hour.

Costs per megawatt hour of various sources of power generation

Nevada has a HUGE solar resource and the central part of the state has a decent amount of wind resource. The northern part of the state is also rich in geothermal resources. Building these power generation sources creates jobs for Nevadans (you cannot physically install solar panels, geothermal machinery or wind turbines remotely) and leads to cleaner air and cleaner water as they do not create the pollution associated with fossil fuel power sources. Because renewable power sources are the cheapest to operate (no fuel costs), having more of them will keep our power rates low for EVERY RATE PAYER in Nevada. Obviously, a higher RPS is beneficial for our rooftop solar family by not only encouraging more renewables in the state which will encourage robust and stable net metering policies, it may also return value to PECs for early solar adopters. Learn about PECS  and why they matter to solar customers here.

Here is a summary from Ballot-o-pedia about what the Question does. Read more here.

Nevada Question 6, the Renewable Energy Standards Initiative, is on the ballot in Nevada as an initiated constitutional amendment on November 6, 2018.

“yes” vote supports this initiative to require electric utilities to acquire 50 percent of their electricity from renewable resources by 2030.
“no” vote opposes this initiative, thus keeping the existing requirement that electric utilities acquire 25 percent of their electricity from renewable resources by 2025.

Nevadans for a Clean Energy Future (Yes on 6)

No on 6

Recent stories on Question 6

https://www.knvc.org/news/a-look-inside-nevadas-ballot-question-6-a-50-renewable-portfolio-standard-by-2030/

https://www.rgj.com/story/opinion/voices/2018/07/26/vote-yes-6-nevadas-clean-energy-future-underground-nordquist/845826002/

https://thenevadaindependent.com/article/want-more-renewables-vote-no-on-3-yes-on-6

https://thenevadaindependent.com/article/california-nonprofit-comes-out-against-raising-renewable-energy-standards

https://thenevadaindependent.com/article/california-nonprofit-comes-out-against-raising-renewable-energy-standards

https://thenevadaindependent.com/article/amid-intense-question-3-fight-the-rps-ballot-intiative-reaffirms-commitment-to-neutrality-steyer-says

https://www.sierraclub.org/toiyabe/blog/2018/08/question-3-vs-question-6-whats-conservationist-do

 

 

 

 

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