Nevada Supreme Court rejects California utilitys $100M appeal
CARSON CITY — The Nevada Supreme Court on Thursday rejected an appeal by a California utility seeking a state tax refund on coal it used decades ago to power its now-closed Mohave Generating Station power plant near Laughlin.
The court, in a unanimous decision, upheld a lower court ruling from Carson City District Court rejecting the request for a refund by Southern California Edison. The ruling upholds a Nevada Tax Commission decision to deny the refund.
The decision should bring a sigh of relief to Gov. Brian Sandoval and the Nevada Legislature. The refund, with interest, was worth an estimated $100 million in late 2014 and would now be worth even more.
The dispute goes back to a period from March 1998 through December 2000 when coal was brought in from Arizona to run the 1,580-megawatt power plant. It closed in 2005. The utility paid almost $24 million in use tax to Nevada during that time period. Refunds covering later periods of time were also filed with the Department of Taxation.
Read more: https://www.reviewjournal.com/business/energy/nevada-supreme-court-rejects-california-utilitys-100m-appeal/
