Reps. Horsford, Neal Hold Press Conference with NV Energy, RTC & IBEW Local 357 to Highlight $38 Million Federal Investment in Nevada’s Electric Vehicle Charging Network
LAS VEGAS, NEV. — Today, Congressman Steven Horsford (D-NV-04) and U.S. House Ways and Means Committee Chairman Richard Neal (D-MA-01) held a press conference with NV Energy, the Regional Transportation Commission of Southern Nevada, and IBEW Local 357 to highlight the economic and climate benefits of a new $38 million federal investment in Nevada's electric vehicle charging network. The funding is part of more than $4 billion in infrastructure funding for Nevada that Congressman Horsford and Chairman Neal secured through the passage of the Infrastructure Investment and Jobs Act.
"As Nevada grows, widespread adoption of electric vehicles is critical to meet our climate goals, reduce air pollution, and create good-paying union jobs," said Congressman Horsford. "I'm proud to have worked with Chairman Neal to secure $38 million in federal funding for Nevada's electric vehicle charging networks in the Infrastructure Investment and Jobs Act. Together with other investments in the new infrastructure law, this funding will diversify Nevada's economy and put our state on track to a clean energy future."
"The Infrastructure Investment and Jobs Act will electrify our country while putting workers at the center of our recovery by creating good-paying jobs," said Chairman Neal. "This long overdue investment will ensure communities across the nation have what they need to succeed in this economy and show the world that America can win the 21st century. President Biden's bold leadership, along with the tenacious advocacy of Congressman Horsford and congressional Democrats, made this historic law possible. Together, we will continue fighting to rebuild and reimagine our nation's infrastructure to ensure every family in Nevada and across the country can benefit."
"NV Energy is excited to expand our role to accelerate transportation electrification and bring its immediate economic and environmental benefits to all Nevadans," said Doug Cannon, President and CEO of NV Energy. "Our Economic Recovery Transportation Electrification Plan was strategically designed to maximize the investments of the Infrastructure Investment Jobs Act, and we appreciate Congressman Steven Horsford and all of our Nevada delegation for their work to deliver this important funding that will help bring about Nevada's vision for a clean energy economy."
"Infrastructure Investment and Jobs Act funding will be instrumental in helping our region recover economically from the effects of the pandemic and provide the RTC with certainty in transportation planning as we advance roadway and transit projects that support safety, equity, modernization and climate action," said MJ Maynard, CEO of the Regional Transportation Commission of Southern Nevada. "We look forward to collaborating with our regional partners to identify and compete for more than $100 billion in grants to fund projects that align with our local, state and federal goals."
"On behalf of the Brothers and Sisters of IBEW Local 357 we look forward to the work opportunities created by the newly signed Infrastructure Investment and Jobs Act, and we thank Congressman Horsford and Chairman Neal for their work to pass this important bill through Congress," said James Halsey, Business Manager for IBEW Local 357.
Background:
In November 2021, President Biden signed the Infrastructure Investment and Jobs Act into law, enacting one of the largest public works investments in U.S. history. According to estimates from Moody's Analytics, the new law will create thousands of jobs in Nevada over the next decade.
The new law includes $7.5 billion to build out the first-ever national network of electric vehicle chargers in the United States. Over the next five years, Nevada can expect to receive $38 million to support the expansion of its electric vehicle charging network. Nevada will also have the opportunity to apply for $2.5 billion in grant funding dedicated to electric vehicle charging. This funding will help accelerate electric vehicle adoption to address the climate crisis, support domestic manufacturing jobs, and expand U.S. market share of the plug-in electric vehicle market. In a study from the American Lung Association, researchers found that widespread adoption of electric vehicles would save thousands of lives and provide tens of billions of dollars in health and climate benefits.
To learn more about funding for Nevada in the Infrastructure Investment and Jobs Act, click here.