LVGEA CEO addresses LV 100 percent renewable energy plan

At a joint press conference Tuesday, the City of Las Vegas and NV Energy announced an agreement to power the city on 100 renewable energy by January, 2017. In order to make the city 100 percent renewable, Las Vegas will receive about 15 megawatts of power from local sources when the new Boulder Solar Power Plant currently under development in El Dorado Valley of Boulder City comes online.

The agreement marks a major step forward for the City of Las Vegas and presents a major branding opportunity for businesses seeking to relocate, expand, and grow in Southern Nevada.

“Companies don’t just choose tax climates; they choose cultures. And it’s clear in Las Vegas that we value sustainability,” said Jonas Peterson, President and CEO of the Las Vegas Global Economic Alliance. “If we are going to compete in the 21st century global economy, it’s announcements like this that are going to demonstrate leadership in a time when all nations are facing the threat of negative impacts of climate change.”

The milestone is also significant for the State’s shifting energy portfolio to clean sources as the City of Las Vegas is one of NV Energy’s largest customers.