61°F
weather icon Isolated Thunderstorms

VEA transmission line sale clears hurdle

Valley Electric Association’s nearly $200 million sale of its high-voltage system to Chicago-based GridLiance Holdco cleared an important regulatory hurdle, the cooperative announced Tuesday.

GridLiance Holdco has been approved as a participating transmission owner by the California Independent System Operator. The approval moves the sale of the 230-kV system to the Federal Energy Regulatory Commission for consideration.

In anticipation of the sale, VEA’s board approved a 9.9 percent rate reduction, which will take effect Jan. 1, 2017. The board passed the rate reduction at its November meeting. A $579 sales premium will be paid to VEA members after the close.

A resolution to reduce rates was approved Tuesday by VEA’s Board of Directors at its regular meeting. Other benefits from the sale will include the largest capital credit retirement in the cooperative’s five-decade history and rate stability through 2024. The sale is to close in the first quarter of 2017.

THE LATEST
Two children flown to trauma after crash

Pahrump’s Mercy Air transported two children to UMC Trauma in Las Vegas following a two-vehicle collision at the intersection of Highway 160 and Mesquite Avenue on Friday, April 12.

GALLERY: How Pahrump celebrated Earth-Arbor Day

Earth Day and Arbor Day are two dates set aside for the express purpose of celebrating the planet while educating the public about the importance of preserving the environment and this past Saturday, the Pahrump community was treated to a festival in honor of these holidays.

How Nye’s sheriff auxiliary operations are evolving

With their trademark, creased light blue button-down shirts, Nye County Sheriff’s Office auxiliary officers are always visible at scenes of vehicle crashes, structure fires and other incidents involving public safety. But there are now changes underway into the auxiliary program in terms of operations, certain procedures and appearances among the officers, including new polo-style shirts.

Connecting causes and community — Pahrump Volunteer Fair set for May

Thanks to an AmeriCorps Volunteer Generation Fund grant, Nevada Volunteers is embarking on three years of Volunteer Fairs that will take the organization all across the state and the very first stop will be right here in Pahrump.

Landscape Tour will highlight local yards

The Pahrump Valley Garden Club is all set to hold its 16th Annual Landscape Tour and anyone with an interest in gardening, plants or yard art will not want to miss out. This year’s event features six local yards, all hand-picked by the Garden Club members to give attendees a wide variety of landscape types to peruse.

GALLERY: Celebrating the lives of lost loved ones

Butterflies are a symbol of transformation and one of the most transformative things a person can experience is the death of someone they love.

Local families invited to Community Baby Shower

Raising a child can be hard. That’s something the members of Pahrump Mothers Corner understand all too well. In an effort to ease the challenges of parenthood, particularly for new and expecting families, this group of local moms banded together to host a Community Baby Shower and the event proved to be very popular, leading to its return for the third year running.

Tonopah to be home to experimental hypersonic testing facility

Ambitious. It’s an apt word to describe Michael Grace’s vision for the future of his company, Longshot Space Technology Corporation, which, if all goes to plan, will build what he calls the world’s largest potato gun.

Pahrump man arrested for elder abuse

A Pahrump man wanted by the Nye County Sheriff’s Office on suspicion of elder abuse was arrested while attempting to purchase multiple vehicles at a Las Vegas car dealership, according to authorities.