Nevada Data Center Opportunities

Our dedicated Business Development team strategically works to facilitate business site location, relocation and expansion in Nevada.

• Rate Comparisons • Labor• Resources• Potential Locations• Renewable Resources• Nevada Business Advantages• Nevada Technology Companies

Source: US Energy Information Administration - Table 5.6.B.

NV Energy Economic Development

6.29 6.327.23

6.10 5.35 6.09 5.39 5.95 6.69

9.95

16.86

8.88 8.76

6.83

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4

6

8

10

12

14

16

18

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2019 Industrial Rates thru December

Nevada LaborNevada Labor: Data Processing, Hosting and Related Services

NAICS 2018 Jobs

2019 Jobs

2020 Jobs

Average Earnings Per

Job

Current Supplements

Current Wages, Salaries, & Proprietor Earnings

2019 Location Quotient

Data Centers518 2,619 2,591 2,867 $103,569 $19,218 $84,351 0.82

Clark County: Data Processing, Hosting and Related Services

NAICS 2018 Jobs

2019 Jobs

2020 Jobs

Average Earnings Per

Job

Current Supplements

Current Wages, Salaries, & Proprietor Earnings

2019 Location Quotient

Data Centers518 1,687 1,640 1,763 $111,649 $20,712 $90,937 0.71

Northern Nevada: Data Processing, Hosting and Related Services

NAICS 2018 Jobs

2019 Jobs

2020 Jobs

Average Earnings Per

Job

Current Supplements

Current Wages, Salaries, & Proprietor Earnings

2019 Location Quotient

Data Centers518 808 810 961 $91,844 $17,057 $74,787 1.41

Source: EMSI, NV DETR & BLS

Nevada Industry Breakdown

Northern Nevada

Clark County

Nevada

Source: EMSI, NV DETR & BLS

Dark green lowest risk, red highest risk.

Nevada, one of the safest places to live and work in the U.S.

Natural Disaster Map

Source: NYTimes.com

Highest Risk - DallasTwisters, hurricane remnants, hail, wind, drought and floods.

Fiber Optics Map

Nevada has several sites throughout the state supported by reliable NV Energy infrastructure for your mission critical electric loads.

Northern Nevada:Tahoe Reno Industrial Center

Northern Nevada has new premium data center locations that are in development. NV Energy will closely monitor these sites and will provide periodic updates.

Southern Nevada:City View Industrial ParkVegas Industrial ParkGolden Triangle 29Golden Triangle 24Golden Triangle 27Miner's Mesa Industrial Park

Potential Locations

• Customers are currently benefitting from:

• 15 Geothermal projects• 27 Solar projects• 4 Biomass/ methane/

waste heat• 5 Small hydro &

Hoover Dam• 1 Wind project

• 1,591 MWs of new solar with 690 MW of Battery Storage under construction, in development or pending regulatory approval

Renewable Resources

Low Cost Renewable OptionsNV Energy is committed to low cost renewable solutions for our customers. In June, 2020 NV Energy will file a historic $120 million reduction for southern Nevada customers, which if approved will go into effect on January 1, 2021. That is in addition to a statewide decrease in customer rates of $105.7 million effective April 1, 2020 and another $30.6 million if approved by the Public Utilities Commission of Nevada effective on October 1, 2020. In addition to our commitment to low costs, NV Energy is also working with our customers to create new tariffs like the Large Customer Market Price Energy tariff approved in April, 2020 to support our ever changing customer needs.

Large General Service-3 Transmission Tariff (Standard South)• Current open rate class for customers with a minimum demand of 1000kW

serviced at 60kV or above. No contract or agreement required. Renewable mix at 21%, growth to 50% by 2030.

General Service-3 Transmission Tariff (Standard North)• Current open rate class for customers with a minimum demand of 1000kW

serviced at 60kV or above. No contract or agreement required. Renewable mix at 21%, growth to 50% by 2030.

Large Customer Market Price Energy Tariff (Southern Nevada)• Available for new customers that meet tariff criteria. The customer must

have an average annual hourly electric load of 10 megawatts or more. NV Energy will work with the customer to develop an energy supply agreement specific to their needs including a resource specific or market based product. The energy supply agreement must be approved by the Public Utilities Commission of Nevada.

• Nevada has a business and low tax friendly climate

• Low cost renewable options

• Proximity to major advanced IT hubs (San Francisco, Portland,

and Seattle)

• Nevada has access to over 56 million consumers within a day’s

drive, major highways, and fiber optic infrastructure connecting

Nevada to all of these consumers

• Nevada is positioned perfectly to be the home of the next Data

Center and Advanced IT revolution.

• Free cooling advantages

• Low total cost of operation

Nevada Business Advantages

Nevada Technology Companies

YearNumber of

Establishments YOYAverage

Employment YOYAvg Hourly

Wage2018 276 6.56% 2,619 33.51% $41.57 2017 259 -8.80% 1,931 10.47% $41.22 2016 284 0.71% 1,748 9.25% $39.95 2015 282 5.22% 1,600 20.85% $36.53 2014 268 9.84% 1,324 20.25% $35.75

5 year change 13.11% 134.15%Source: Nevada DETR

Nevada Industry Data (NAICS 518), Year over Year

Nevada IncentivesData Center Tax Abatement:Personal property tax abatement to 75% for up to 10 or 20 years Sales tax abatement to 2% for 10 or 20 years.

Requirement Type Timing 5 Years

Capital Investment

Urban >100,000/

60,000

New $25M for 10 years, $100M for 20 years

Expansion $25M for 10 years, $100M for 20 years

Number of Primary

Jobs Created

Urban >100,000/

60,000

New 10 for 10 years, 50 for 20 years

Expansion 10 for 10 years, 50 for 20 years

Minimum Hourly Wage

Urban >100,000/

60,000

New 100% statewide average wage ($23.47 FY20)

Expansion 100% statewide average wage ($23.47 FY20)

Source: Governor’s Office of Economic Development, Nevada

Contact Information:

Jeff Brigger – Director, Business Development

jbrigger@nvenergy.com | Cell: 775-354-8810

Resources:

NV Energy Economic Development website

Nevada Site Locator

Governor's Office of Economic Development

Contact Information