CLARK COUNTY BOARD OF COMMISSIONERS
AGENDA ITEM
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Petitioner: |
Vincent V. Queano, Director of Business License |
Recommendation:
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Approve and authorize the Chair to sign an Extension and Amendment of the Electrical System Franchise Agreement between Clark County and Nevada Power Company, d/b/a NV Energy ("NV Energy"), extending the current electrical system franchise agreement for a period of five years until July 18, 2027; amending the Agreement by requiring NV Energy to seek regulatory approval to collect and remit to the County all fees due to the County from its customers, including distribution-only customers; and take any action deemed appropriate. (For possible action)
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FISCAL IMPACT:
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BACKGROUND:
On January 18, 2005, NV Energy was awarded an Electrical System Franchise Agreement that was set to expire on January 18, 2020. The current Agreement has been extended until July 18, 2022. NV Energy has requested a one-time, five-year extension pursuant to Section 5.01.070 of the County Code. This Extension and Amendment would revise the expiration date to July 18, 2027. It would also require NV Energy to seek regulatory approval to charge its customers, including distribution-only customers, the applicable fees pursuant to Section 6.13.040 of the Code on all charges related to the sale, provision and/or delivery of electrical energy including, but not limited to, distribution charges, transmission charges and exit fees, and remit the fees to the County.
Staff recommends approval of this Extension and Amendment of the Electrical System Franchise Agreement.