Subsidiary of Berkshire Hathaway.
The Nevada-based NV Energy will stop supplying wholesale electricity to the Lake Tahoe region’s local provider, Liberty Utilities, by May 2027. NV Energy cited the high demand from AI data centers and resource needs as reasons for the cutoff, leaving nearly 50,000 Liberty customers in California scrambling for a new power source.
- Who is leaving? NV Energy (subsidiary of Berkshire Hathaway) has informed Liberty Utilities it will not renew its wholesale supply agreement.
- Who is affected? Approximately 49,000 residents and businesses on the California side of the Lake Tahoe Basin, who currently rely on Liberty Utilities.
- Why is it happening? Rapidly expanding data centers in Northern Nevada are consuming vast amounts of power, causing utilities to reroute capacity.
- Current Status: While residents feared immediate power loss, NV Energy pledged to keep the lines active until Liberty secures a replacement or transmission access. However, acquiring a replacement source involves complex state lines, as Tahoe is separated from California’s main grid and sits geographically in California but relies on Nevada’s power.
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