Question 3: The best choice for Nevada’s energy future
By Jon Wellinghoff
In a recent op-ed in this publication entitled “Question 3: A bad and risky path for Nevada’s energy future,” former NV Energy CEO Michael Yackira repeated the false narratives being pushed by his former employer regarding Question 3, the Energy Choice Initiative.
The truth is, the only entity for which Question 3 is “bad and risky” is NV Energy.
Consider the messenger: Mr. Yackira was the beneficiary of a $21.2 million windfall after the sale of NV Energy in 2013. As a wise man once said “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”
Mr. Yackira would have you believe that energy choice is so “bad and risky” in fact that the approximately one-third of Americans who live in the 17 states that offer some form of energy choice are doing it all wrong by simply having the right to choose their energy provider.
In fact, energy choice has given tremendous benefits to the states that have smartly enacted it. As the former general counsel to the Public Utilities Commission of Nevada and as the longest serving chairman of the Federal Energy Regulatory Commission (FERC), I’ve seen firsthand the workings of utility monopolies and energy choice states. It’s why I reject the false narratives peddled by NV Energy and its allies.