For a western utility with electric and gas utility operations dealing with the threat of wildfires and growing electricity rates, Jim McMahon and Arnie Lowenstein developed a strategy as an alternative to the company’s baseline to more rapidly address near-term challenges while also investing for the long term in a modern, safe, and reliable grid.
CRA’s Energy expert offers insight into NV Energy wildfire insurance policy proposal
NV Energy, the state’s largest utility, has proposed a $500 million insurance plan, funded in part by ratepayers, to help manage potential liabilities if its...