Energy

AB 452 requires certain Nevada electric utilities to include a cost-sharing mechanism in their 3-year integrated resource plans. This mechanism must forecast fuel and power costs, share cost savings or overruns between the utility and customers, and be based on the utility's projections. The bill mandates utilities to disclose these forecasts to the Public Utilities Commission, consumer protection offices, and approved intervenors, while also requiring annual cost caps and risk management strategies. It extends the Commission's review timeline for these plans from 135 to 180 days. The bill directly affects Nevada utilities responsible for electricity supply planning and their ratepayers.

SB 132 appropriates $500,000 from the State General Fund to the Nevada Clean Energy Fund to support qualified clean energy projects in Nevada. This funding covers temporary project funding ("bridge funding"), technical assistance for state/local agencies, and administrative costs for the fund. The fund must submit two reports detailing how the money was spent to the Interim Finance Committee by late 2026 and 2027, and any unused funds must be returned to the State General Fund by September 17, 2027. The bill directly affects clean energy projects receiving grants and requires strict financial accountability for the state funds allocated.