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Regulators Greenlight Raiders' Stadium Departure From NV Energy Grid

Energy regulators in Nevada gave The Raiders’ new football stadium in Las Vegas the green light to get off the grid.

On Wednesday, the Public Utilities Commission approved LV Stadium Event Company’s request to leave NV Energy without paying an exit fee. The stadium argued it shouldn’t have to pay exit fees because the facility is still under construction and hasn’t yet established service with NV Energy.

NV Energy argued the commission should impose an exit fee to avoid repercussions on its remaining customers.

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In 2016, MGM Resorts International became the largest company to leave the grid, paying exit fees reaching almost $87 million. The stadium is one of 10 companies that applied to leave NV Energy in 2018.