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 01.24.18/
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LVRJ: Clark County schools consider cutting the NV Energy cord

Trustees of the Clark Coun­ty School Dis­trict, which includes more than 350 schools, will con­sid­er with­draw­ing from NV Ener­gy on Thurs­day. The school dis­trict would save “mil­lions” if it worked with three pri­vate com­pa­nies to pro­duce an alter­na­tive source of ener­gy, accord­ing to doc­u­ments sub­mit­ted by back­ers of the plan, though it’s unclear exact­ly how much. The pro­pos­al doesn’t spec­i­fy, and dis­trict spokesper­son Kirsten Sear­er could not be reached Wednes­day for com­ment.

A source famil­iar with the pro­pos­al, how­ev­er, esti­mat­ed a cost sav­ings of $140 mil­lion over 20 years. An “exit fee,” which would be required to with­draw from NV Ener­gy and would be paid by the com­pa­nies behind the school dis­trict ini­tia­tive, could cost up to $80 mil­lion, accord­ing to the source.

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