8 Thursday, August 14, 1997 Pahrump Valley Gazette .
Nevada Legislature approves i
00tructuring electric industry
by Geoff Kreis
Governor Bob Miller has signed a bill, AB 366, which is
to improve competitive electric services in the state no later
than the end of 1999.
There are five different segments that are included in the
bill:
- A requirement that the Nevada retail electric market be
opened to alternative sellers no later than December 31,
1999. Prior to opening the markets, the Nevada Commission
must conduct rule makings to unbundled rates, identify
standard costs, establish licensing procedures for new mar-
ket entrants, designate which services are potentially com-
petitive, and create various consumer protections and label-
ing requirements.
-A requirement that noncompetitive transmission and
distribution facilities be opened on an equitable basis to
alternative sellers and their customers. The requirement
also says that incumbent utilities seeking to provide com-
petitive service do so through an affiliate.
-Provisions for a provider of last resort mechanism so
that those areas which are not able or choose not to receive
services from alternative sellers will continue to be assured
of
safe, reliable and economic electric service.
-A muhi-year residential rate cap unless an electric
utility can make a convincing showing that additional rev-
enues are necessary.
The bill also contains a renewable energy portfolio
which should phase in a requirement that one percent of all
electricity consumed annually be produced by Nevada re-
newable energy producers. The phase begins in 2002 and
reaches the one percent requirement by 2010.
Residential and small commercial customers, hospitals,
educational institutions, government facilities, manufactur-
ing, large commercial and industrial business concerns and
every utility may feel the effects of a precipitous change in
the electric industry.
"Restructuring the electric industry is not only a Nevada
issue" said Louis Holveck, President of the Valley Electric
Association, "It is also an issue that is bringing attention to
the rest of the nation."
Several proposals have been introduced in Congress to
mandate electric industry restructuring and several states
have initiated their own restructuring proposals.
In addition to restructuring the electric industry, the
legislation also provides for developing alternative forms of
regulation for natural gas and will set off a restructuring of
the Public Service Commission itself.
"Utilities and utility shareholders have different reac-
tions to proposals for a restructured environment," said
Holveck. "Their position depends on how much of their
investments in current assets may be recoverable, on whether
the costs of contractual obligations and debt are likely to be
recovered in a restructured environment, and on whether
such an environment is likely to produce profitable oppor-
tunities."
Restructuring Nevada's electric industry under the bill,
AB 366 is one of the most important issues that has been
considered by the Nevada Legislature, and other issues have
the potential to affect nearly every single Nevadan in one
way or another.
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I I I Ill Ill
State Farm
Sells
Life Insurance.
JEFF BANSER
Off 751-1515 131 I S. tlwv IGO
Fax 75 !- 1616 Fl.iniC Rcs ":51-2474
Briefly Noted
i
Doll making class
The first class for youth at
the No to Abuse youth center
is taking registrations now
for porcelan doll making with
veteran doll maker Polly
Stamper, owner of Pauline's
Porcelain Dolls and Gifts.
The class will be held
August 20, from 9-1 la.m. A
follow up class after the dolls
I
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you still can't miss usf
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i i ii i ,11 u u
are fired will be planned by
the participants. There is no
charge for this class, the funds
to purchase the materials are
from a fundraiser sponsered
by Sundance company youth
dance troop. The class is by
preregistration only and is
open to ages 10 and up. Class
size is limited to 12 partici-
pants. The participants will
be able to take the dolls home
when they are finished.
Upcoming classes are bird
house making, CPR , first
aid, science classes by Yucca
Mountain, etc. Anyone want-
ing to teach a class, please
contact Samdi at No to Abuse,
751-1118.
Master Gardener
training in
Pahrump
PAHRUMP- The Nevada
Cooperative Extension is
pleased to announce that a
training class for master gar-
dener volunteers will begin
Sept. 9, 6-9:30 p.m. at Pahr-
ump High School library via
compressed video and video
tape.
Classes will be held
weekly on Tuesdays 6-9:30
p.m. in September and Mon-
days and Thursdays in Oc-
tober and November. Par-
ticipants will receive 80
hours of training and are
requested to volunteer 50
hours back to the program.
We h" mt MLufftm-'s
]tondod WtIHtnt/ei
11 Day Service Most Cars i
Nationwide Specialist
Foreign • Domestic • Standm-d • 4x4
Front Wheel • L/ght Trucks
CLUTCH SPECIAL
$295 most cars
There is an $80 fee
charged for the program that
covers the cost of training
and the manual. Applica-
tions are available at the
Nevada Cooperative Exten-
sion Office 1651 E. Calvada
Blvd., Pahump or local nurs-
eries. Pre register by Au-
gust 21 by returning the ap-
plication to UNR Extension,
Box 1090, Pahrump, 89041.
For further information
call UNR Extension Of-
rice, 727-5532. New office
hours are afternoons 12-4
p.m. Monday through Fri-
day.
Wrath of the WindmMobile home on Appaloosa Road rolled
over late Friday night after a reported 80 MPH wind whipped
through Pahrump. Occupants of the mobile home got out safely
but were reported shaken from their experience.
photo by Mary Lamar
lOO% FINANCING
O.&C.
ms oo. € CALL FOR APPOINTMENT
v.= Io =b- r,..=.= c., 931 Fehrs Way • 751-0404
is individually owned and perated