NV Energy's CEO says there's no guarantee the utility will go through with a controversial proposal to build a new $1 billion power plant.
Paul Caudill told the Public Utilities Commission this week there's been a misunderstanding about the status of the natural-gas fired generating plant that's drawing opposition from small business, solar and environmental groups.
The company owned by Warren Buffett's Berkshire Hathaway has asked regulators for $2.4 million to study plans for the 706-megawatt project.
The Las Vegas Sun reports Caudill told the commission that while it's currently the preferred route, they've made no formal request to build the plant in 2020. He says they have no intention of developing a new plant without evaluating all reasonable alternatives and obtaining all the necessary approvals through an open public process.