{"id":30868,"date":"2015-08-28T14:07:42","date_gmt":"2015-08-28T21:07:42","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=30868"},"modified":"2015-08-30T20:40:28","modified_gmt":"2015-08-31T03:40:28","slug":"murren-considering-taking-mgm-off-the-grid-in-nevada","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/","title":{"rendered":"Jim Murren Considering Taking MGM Off the Grid in Nevada"},"content":{"rendered":"
\"Jim
Jim Murren wants to take MGM Resorts off of the Nevada public power utility grid, but is balking at fees the company would owe it if sought other power sources. (Image: CBS Las Vegas)<\/figcaption><\/figure>\n

MGM Resorts International Chairman and CEO Jim Murren wants to put his company\u2019s Las Vegas operations on a greener path, using clearner, renewable energy sources to power its casinos and resorts.<\/p>\n

But he doesn\u2019t want to have to pay NV Energy for the privilege of doing it.<\/p>\n

Murren told KSNV News 3 in Las Vegas that while he would like MGM to stick with NV Energy, the public utility that services Nevada, he is looking at his options because he would like to find a way to both lower the company\u2019s power bills and its carbon footprint at the same time.<\/p>\n

If MGM wanted to go off the grid and buy electricity on the open market instead, the Nevada Public Utilities Commission says the company would have to pay them nearly $90 million for the right to do so.<\/p>\n

Several Casino Companies Looking at Power Alternatives<\/b><\/h2>\n

Those fees came to light as three major casino corporations, including MGM, Wynn Resorts<\/a> and Las Vegas Sands Corp. all filed applications with the utilities commission in an effort to leave.<\/p>\n

Between the three companies, they would owe nearly $131 million in fees if they were to exit the public utility.<\/p>\n

The fees are designed to help offset the losses that NV Energy would face if those companies were to leave their power network, as well as recoup investments made by the company to provide electricity for those companies.<\/p>\n

In total, the three gaming firms represent nearly 5 percent of NV Energy\u2019s sales.<\/p>\n

According to Murren, however, the fees feel like a penalty for wanting his company to be more efficient and environmentally friendly.<\/p>\n

\u201cWhy don\u2019t you change the way you\u2019re conducting yourselves, deliver power more efficiently and in a better way from an environmental perspective and not put it on the backs of the consumers,\u201d Murren told KSNV. \u201cBut don\u2019t penalize me because I want clean energy.\u201d<\/strong><\/p><\/blockquote>\n

Clean Energy Summit Promotes Solar Power for Consumers<\/b><\/h2>\n

The comments came a day after the National Clean Energy Summit organized by Harry Reid (D-Nevada), held at the Mandalay Bay Convention Center.<\/p>\n

President Barack Obama gave the keynote address on Monday, pointing out that in many cases, it was now often cheaper for customers to use solar power than to rely on more traditional power sources.<\/p>\n

\u201c[Customers] can tell [their] utility company that they want renewable energy and have solar on the roof by the weekend,\u201d Obama said, speaking of programs offered by local utilities in Oklahoma and Texas. \u201cIt\u2019s an American energy revolution. Good utilities recognize this and are adapting business models to seize the opportunities of this emerging energy reality.\u201d\u00a0<\/strong><\/p><\/blockquote>\n

Murren spokes about several other topics during his discussion with KSNV, including how the drop in revenues from Macau has had an impact on MGM\u2019s<\/a> bottom line, and the fact that in Las Vegas, most revenues now come from non-gaming sources.<\/p>\n

Murren also spoke to the coming retirement of Senator Reid.<\/p>\n

While Murren is a Republican, he considers Reid a friend, says that Nevada will be losing a strong advocate when Reid retires.<\/p>\n

\u201cWith all due respect to our other federal delegates, if you added them all up and multiplied it by ten, they don\u2019t have the power and influence in Washington that Senator Reed has right now,\u201d he said. \u201cLike so many things in life: you don\u2019t know what you\u2019ve lost until it\u2019s gone.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

MGM Resorts International Chairman and CEO Jim Murren wants to put his company\u2019s Las Vegas operations on a greener path, using clearner, renewable energy sources to power its casinos and resorts. But he doesn\u2019t want to have to pay NV Energy for the privilege of doing it. Murren told KSNV News 3 in Las Vegas […]<\/p>\n","protected":false},"author":42,"featured_media":30869,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,13,18],"tags":[],"acf":[],"yoast_head":"\nJim Murren Considering Taking MGM Off the Grid in Nevada<\/title>\n<meta name=\"description\" content=\"MGM Resorts CEO Jim Murren wants to see his company use greener energy sources, but MGM would owe NV Energy $90 million if it were to leave the public power grid.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jim Murren Considering Taking MGM Off the Grid in Nevada\" \/>\n<meta property=\"og:description\" content=\"MGM Resorts CEO Jim Murren wants to see his company use greener energy sources, but MGM would owe NV Energy $90 million if it were to leave the public power grid.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-28T21:07:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-08-31T03:40:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/08\/Unknown4.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"293\" \/>\n\t<meta property=\"og:image:height\" content=\"172\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Casino.org Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Casino.org Staff Writer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/\",\"url\":\"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/\",\"name\":\"Jim Murren Considering Taking MGM Off the Grid in Nevada\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/08\/Unknown4.jpeg\",\"datePublished\":\"2015-08-28T21:07:42+00:00\",\"dateModified\":\"2015-08-31T03:40:28+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/8c48bf89dc86da77b4d856c7b3b78d77\"},\"description\":\"MGM Resorts CEO Jim Murren wants to see his company use greener energy sources, but MGM would owe NV Energy $90 million if it were to leave the public power grid.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/murren-considering-taking-mgm-off-the-grid-in-nevada\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/08\/Unknown4.jpeg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2015\/08\/Unknown4.jpeg\",\"width\":293,\"height\":172,\"caption\":\"Jim Murren wants to take MGM Resorts off of the Nevada public power utility grid, but is balking at fees the company would owe it if sought other power sources. 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