Nevada enjoys beautiful landscapes and diverse topographies complete with valleys, basins, and mountains. While rich in minerals and metals, Nevada faces significant water security challenges. Additionally, rapid population growth in the last decade has overwhelmed our infrastructure and ability to deliver public services. The Guinn Center recognizes that over time, natural resource challenges and sustainability issues can affect the state’s long-term economic growth trajectory.
The subject of Question 3: The Energy Choice Initiative—namely the proposed restructuring of Nevada’s electricity markets—is complex. Supporters and opponents of Question 3: The Energy Choice Initiative are providing data and arguments that appear to conflict with each other. This policy report summarizes and evaluates the primary arguments for and against passage of Question 3. While the Guinn Center does not take a position on Question 3, we seek to inform the debate so that decision-makers, ratepayers, and voters better understand the issue. Given that the evidence we reviewed is comparative and historical, rather than predictive, we cannot demonstrate conclusively that energy choice (Question 3) is either “good” or “bad” for Nevada. That can be known only with the wisdom of hindsight. The Guinn Center notes, however, that the transition to a restructured (or “energy choice”) electricity market in other states was characterized by variability in rate behavior, implementation challenges, and, for residential ratepayers, increased uncertainty resulting from greater exposure to wholesale electric prices.
See here for Executive Summary: Guinn Center Q3 Ex Summary
Water Governance in Nevada