NV Energy gives Reno $1 million solar incentive
RENO, NEVADA - The city of Reno has received $1 million as an incentive payment from NV Energy Inc. for installing solar panels on a downtown parking garage and the Reno Events Center.
Utility officials presented the check to Mayor Bob Cashell before the Reno Bighorns basketball game.
NV Energy says the solar panels that convert sunlight into electricity will reduce the city's annual electricity consumption by about 420,000 kilowatt hours, and save about $55,000.
The incentive program was created by Nevada Legislature as a way to encourage investment in renewable energy. Homeowners, small businesses, schools and public buildings are eligible for payments that help offset the cost of installing solar panels.
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Texans to vote on funding to modernize electricity generation
DALLAS - Texans are set to vote on Tuesday on a constitutional amendment to determine whether the state will create a special fund for financing the "construction, maintenance, and modernization of its electric generating facilities."
The energy fund would be administered and used only by the Public Utility Commission of Texas to provide loans and grants to maintain and upgrade electric generating facilities.
The biggest chunk of the fund, $7.2 billion, would go into loans and incentives to build new power-generating facilities in the ERCOT (Electric Reliability Council of Texas) region.
The proposal, titled Proposition 7, is one of several efforts by lawmakers…
