Business leaders across Nevada hailed passage of a strengthened clean energy standard by a unanimous, bipartisan vote of the Nevada Senate Growth and Infrastructure Committee, saying it puts the state on a path towards greater investment and job creation.
Earlier this week, Senate Bill 358, which would increase Nevada’s Renewable Portfolio Standard (RPS) from 25% in 2025 to 50% by 2030, received backing from businesses large and small. This significant increase of Nevada’s RPS – the first increase since 2009 – will accelerate economic growth and investment opportunities in cost-effective clean energy resources throughout the state. Following a work session today, the committee advanced the bill to the full Senate, where it is again expected to gain bipartisan support.
The bill, introduced by Senator Chris Brooks, has broad support in both chambers of the Legislature, and Gov. Steve Sisolak has promised to sign it.
Business and community leaders affirm that the measure will help Nevada maintain its national leadership in clean energy and energy efficiency investment and job growth.
“We are encouraged by the passage of SB358 and all the thoughtful leadership undertaken by Senator Brooks and the members of the Senate Growth and Infrastructure Committee,” said Ray Fakhoury, Principal at the Advanced Energy Economy. “We now call on the full Senate to follow suit and pass SB358, bringing this vital legislation one step closer to becoming law.”
“We applaud the swift approval of SB358 by the Nevada Senate Growth and Infrastructure Committee,” said Anne Kelly, Vice President, Government Relations at Ceres. “The broad show of business support for this legislation makes it clear that strengthening Nevada’s Renewable Portfolio Standard is a smart move for the state’s economy. We look forward to the legislature continuing to move this bill forward and for it to be signed into law.”