Laughlin Economic
DEVELOPMENT CORPORATION
A Community Partnership
Laughlin Economic
DEVELOPMENT CORPORATION
A Community Partnership
Economic Snapshot
Laughlin - June 2021
The Las Vegas Global Economic Alliance (LVGEA) data portal is designed to provide you with information about Southern Nevada's vibrant economy and its diverse population base. Data is provided at the regional level as well as for cities within Clark County. The data portal is a gateway, allowing you to visualize how the region is trending, see where businesses are located and compare and contrast this market to others around the United States.
Why Laughlin?
Electric Power Rates
Favorable electric power rates in Nevada provide the competitive edge!
Comparative State by State power rates released by Nevada Energy
Thru December 2020, Nevada's average retail price for all sectors was 11.6% lower than the Mountain states, 53.8% lower than California, and 21.4% lower than the U.S.
In addition to favorable Electric Power Rates, learn more about the Cost of Living Index, Business Tax Climate Index Rankings, and Western States Business Cost Comparisons on our Why Laughlin page
Laughlin Hotel Market/Taxable Values
The chart above describes the Taxable values of each of the Laughlin Hotel/Resort complexes from FY2008 to FY2022. The chart also indicates the Taxable value of the entire non-Hotel sector within the Township. The non-Hotel sector is not the Market values as there are exemptions tied to that sectors’ Taxable value. Hotel sector Market and Taxable are the same, since there are no exemptions.
FOR IMMEDIATE RELEASE
Media Contact: Jennifer Schuricht
March 22, 2021 702-402-5241
PUCN Approves NV Energy’s Greenlink Nevada Transmission and Renewable Energy Initiative
Today the Public Utilities Commission of Nevada (PUCN) approved moving forward on NV Energy’s Greenlink Nevada transmission and renewable energy initiative.
Greenlink Nevada will transform Nevada’s clean energy landscape by tapping into resource-rich renewable energy zones throughout western and northern Nevada, helping accelerate the responsible development of clean energy on public lands; increase electric reliability for all Nevadans and drive the
creation of thousands of jobs and hundreds of millions of dollars in economic recovery from the COVID19 pandemic.
“Today’s approval of the first phase of Greenlink Nevada puts our state one step closer to achieving its environmental and carbon reduction goals while aligning with Governor Steve Sisolak’s vision for a new sustainable energy economy that will assist with Nevada’s recovery from the economic impacts of the COVID-19 pandemic,” said Doug Cannon, NV Energy President and Chief Executive Officer. “We look forward to engaging with diverse state and federal stakeholders to construct this project in a timely and environmentally sustainable manner.”
NV Energy’s investment of more than $2.5 billion in Greenlink Nevada is expected to generate $690 million in economic activity and support nearly 4,000 jobs, including the utilization of skilled union labor. The initiative will also allow for the development of approximately 5,000 megawatts of renewable energy projects throughout Nevada that will contribute significant economic growth in the form of nearly 2,000 additional construction jobs and related tax revenue. The project will also provide the infrastructure needed to support the growth of new and expanding businesses in Nevada from west Henderson to Apex in North Las Vegas to Reno.
“NV Energy’s Greenlink Nevada initiative will unlock for all Nevadans the sustainability and economic benefits that come from providing essential transmission access to our State’s vast renewable energy resources and exemplifies the potential of my vision for Nevada’s new energy economy,” said Gov. Sisolak. “I applaud NV Energy for its forward thinking in presenting this project, and for its ongoing commitment to supporting Nevada’s long-term economic recovery from the COVID-19 pandemic.”
With this decision, the company will begin preliminary design and permitting for both segments of Greenlink Nevada. Upon completion of this work, construction will start on Greenlink West, the first major segment of the project, which is a 525 kV line from Las Vegas, NV to Yerington, NV and two 345 kV lines from Yerington, NV into the Reno/Sparks area. Greenlink West has an estimated completion date of December 2026.
“I appreciate the work of the Commission to review this important project,” said Cannon. “I would also like to thank the broad and diverse group of key stakeholders, including local governments, environmental organizations, economic development groups, renewable energy developers, labor unions
and trade associations, who expressed support for Greenlink Nevada and acknowledged the tremendous economic and environmental benefits that Greenlink Nevada will bring to rural communities and the entire state.”
NV Energy provides a wide range of energy services to more than 1.5 million customers throughout Nevada and a typical tourist population of more than 54 million annually. NV Energy, Inc. is a holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, do
business as NV Energy. NV Energy is headquartered in Las Vegas, Nevada. Information about NV Energy is available on the company's website, Twitter, Facebook and YouTube pages, which can be accessed via nvenergy.com.
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LEDC Announces Dr. Brian Paulson As New Government Affairs
[PRESS RELEASE]
LEDC Announces Dr. Brian Paulson As New Government Affairs Director
FOR IMMEDIATE RELEASE [October 2020]
CONTACT: Martin Knauss, President, laughlinedc@gmail.com
LAUGHLIN ECONOMIC DEVELOPMENT CORPORATION ANNOUNCES GOVERNMENT AFFAIRS DIRECTOR DR. BRIAN PAULSON TO SERVE AS INTERGOVERNMENTAL LIAISON OF NONPROFIT
LAUGHLIN, Nevada (October 2020) The Laughlin Economic Development Corporation (LEDC) announced Dr. Brian Paulson has been named government affairs director of the nonprofit devoted to promoting the economic health, welfare, and quality of life for the residents of
Laughlin through economic development.
Paulson, the former Laughlin Town Manager, has supported the efforts of the LEDC in the past few years to bring about greater economic vitality to Laughlin.
“All of us at the LEDC see an opportunity to have a greater influence on intergovernmental matters as they pertain to Laughlin economic development,” LEDC President Martin Knauss said. “We are excited to take this next step and retain Dr. Paulson’s wealth of experience and
insight in government for the betterment of Laughlin.”
Paulson’s hiring comes as the nonprofit is actively providing a platform for economic development for business and industry leaders looking to expand their operations to southern Clark County and the advantages the Laughlin community offers to prospecting business.
As governmental affairs director, Paulson will enhance these efforts by working as a liaison and consultant with local, state, and federal staff and representatives, including the offices of Senator Joe Hardy, Assemblyman Glen Leavitt, and other members of the 2021 state
legislature, the Governor’s Office on Economic Development, and the Las Vegas Global Economic Alliance. Additionally, Paulson will work closely with both the Henderson and Boulder City Chambers of Commerce along with Laughlin local organizations to promote mutual joint interests. He will monitor state and federal legislative actions in relation to Laughlin economic development and represent the LEDC in legislative and regulatory sessions.
“I am honored to have the opportunity to help build and strengthen a town and a valuable community asset, the LEDC, for the residents of Laughlin,” Paulson said, “and look forward to working with the community again and its many partners in both government and economic development in this new position.”
Paulson served as Laughlin town manager from June 2016 until his retirement from Clark County in August 2020 after 31 years of public service, including over 20 years as the County’s senior community development coordinator for the Community Development Block Grant
program. Paulson is a past president of the National Association for County Community and Economic Development and holds both masters and doctoral degrees in public administration from Iowa State University and the University of La Verne.
The LEDC is a Nevada-based nonprofit whose mission is to create and implement a collaborative venture among civic and business leaders in the town of Laughlin, to promote the health, welfare, and quality of life for the residents of Laughlin through economic development.
A community partnership for action, members provide networking, professional services, financial support initiatives, and community building through economic development in the town of Laughlin.
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LVGEA's State of Economic Development
The Las Vegas Global Economic Alliance (LVGEA) hosted its signature State of Economic Development event on February 9, 2021. For the first time this was held virtually.
This is your link to watch the event and get a full recap.
Recap 2020 Perspective Addresses Southern Nevada’s Economy
JIM MURREN AND JEREMY AGUERO DISCUSSED THE REGION’S RESPONSE, RECOVERY AND ECONOMY
More than 1,100 people registered to attend the Las Vegas Global Economic Alliance’s (LVGEA) first-ever virtual Vegas Perspective, marking the 40th anniversary of the event. Perspective is the region’s premier source for community and economic development information, analysis and forecasting. Read the rest of the article here
** View Jeremy Aguero’s presentation here **
Laughlin Community to receive $4.67 million CBD grant for multi-generational Center
The Laughlin Community Development Advisory Committee, led by members Robert Bilbray and Cheryl Crow, received good news that their effort to secure a Community Block Development Grant was successful (pending final approval). The grant of $4,670,399, through the Capital Improvement Plan Application process in Clark County, is for a multi-generational center at the Spirit Mountain Activity Center located at Mountain View Park in Laughlin.
Cheryl Crow is a Director of the Laughlin Economic Development Corporation, and Robert Bilbray is the Strategic Development Advisor for the Laughlin Economic Development Corporation.
An article in a 2-21-20 Laughlin Nevada Times article contains additional details about the CBD grant and plans.
BLM Resources Management Plan
LEDC Comments on the BLM Plan
The Laughlin Economic Development Corporation released comments
for the Bureau of Land Management's Resources Management Plan.
Our goal jobs and economic development.
Click on the link below to see and download our comments.
LEDC Newsletters
Patrons / Enhanced Members
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LEDC Membership
Get Involved
The LEDC is always looking for civic and business leaders to join us in our efforts of promoting economic development in Laughlin. If you are interested in getting involved please visit our Membership page for more information.
Partnerships & Memberships
