Two More Casinos Apply To Leave NV Energy Grid
Two more large casino companies in Nevada have applications with state regulators to leave the energy grid.
The Nevada Independent reports Grand Sierra Resort in Reno and the SLS Las Vegas are asking the Public Utilities Commission to be able to purchase their power outside of NV Energy.
These two requests bring the total number of pending applications to leave the grid to 10, with names that include Boyd Gaming, Station Casinos and the Raiders stadium.
Large power users can depart NV Energy under Nevada law, but they must pay some hefty exit fees.
In 2016, MGM paid almost $87 million to leave the grid. NV Energy says the fees are to offset losses to not increase residential costs.
Some critics, however, have wondered what future demand will hold with so many large users applying to leave the grid.