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⚡️ NV Energy and Southwest Gas to Reduce Rates in July, Bringing Relief to Customers

Issue #181 - June 5, 2024

Dear SummerSouth Insiders!

🚀 Exciting News Ahead & We Need Your Support! 🌟

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📆 Weekly Local Events for June 2024

Regular weekly events in or near Summerlin, Las Vegas are listed below.

Visit here to lookup specific venue information or for upcoming and/or non-weekly events on Meetup.

Monday

 Monday Classes At Latin Blendz: (Every week on Monday @ 10AM)

  Socially Vegas - Monday Night Bowling @ The Orleans Bowling Center: Must arrive/check-in before 7pm; 7 - 10pm (Every week on Monday); COST (CASH Only) $10 for 2 games (includes shoes) COST: $12 for 3 games (includes shoes)

 Monday Night TRIVIA at ReBAR, 1225 S Main St, Las Vegas: (Every week on Monday @ 7PM)

Tuesday

 Terrific Tuesday Fun Pickleball @ Police Memorial, Bring a Chair: (Every week on Tuesday @ 2PM)

 Sand Volleyball Intermediate, Rusty and Old Time Players @ Aloha Shores Park (NW), Cheyenne & Buffalo, 7550 Sauer St, Las Vegas: (Every week on Tuesday @ 6 - 8 PM)

Run Drink Las Vegas - Weekly Tuesday Run @ Frankie’s Uptown patio: 6:30 - 8:30 PM (Every week on Tuesday), FOLLOW US ON INSTAGRAM @rundrinklv FOR THE LATEST WEATHER/TIMING UPDATES

Coed Soccer - Summerlin: Crossings Park, 1111 Crestdale Ln, Las Vegas: 7:30 - 9:45 PM (Every week on Tuesday/Thursday)

Wednesday

 Business Leads Group - Networking Breakfast @ Summit Restaurant, Eagle Crest Golf Course, 2215 Thomas W Ryan Blvd, Las Vegas: Cost $20 cash, 7 - 8:30 AM (Every week on Wednesday)

Early Risers Toastmasters Meeting (In-Person - Summerlin Egg Works / Online Event: 7 - 8 AM (Every week on Wednesday)

 Las Vegas Valley Bicycle Club - Wednesday Morning Ride @ Einstein Bagels: 9 - 11:30 AM (Every week on Wednesday)

  Speakers & Leaders of Summerlin Toastmasters Meeting, Summerlin Egg Works, 2025 Village Center Cir, Las Vegas: 12 - 1:30 PM (Every week on Wednesday)

 Live Music Yoga w/ Cheryl Slader @ Blue Sky Yoga: (Suggested Donation $12); 5:30 - 6:45 PM (Every week on Wednesday)

  Country Crossroads Dance, Rhythms Dance Studio & Event Center, 4545 W Sahara Ave, Las Vegas: $15 Drop-in Rate / $50 for the whole month: 8 - 9 PM (Every week on Wednesday)

Thursday

  Abundance Business Networking Group Online Event: 7 - 8:30 AM (Every week on Thursday). Please arrive 10-15 minutes early for networking. Steps to access our BNI Online™ Virtual Chapter Meeting, visit website.  

 Las Vegas Real Estate Investors Association - Weekly Power Lunch For Real Estate Investors: 11 AM - 1 PM (Every week on Thursday). Request to join here.

 Free Salsa Classes @ Feel The Music Dance Studio: 7 - 8 PM (Every week on Thursday). Visit the website to register online.

 Summerlin Bitcoin Happy Hour, SG Bar, 9580 W Flamingo Rd, Las Vegas: 6:30 PM (Every week on Thursday)

Coed Soccer - Summerlin: Crossings Park, 1111 Crestdale Ln, Las Vegas: 7:30 - 9:45 PM (Every week on Tuesday/Thursday)

Friday

 Find Your Yoga Las Vegas - Flow & Yin W / Noé Hilyard @ Yoga Sanctuary: 6 - 7:15 PM (Every week on Friday) View Yoga Sanctuary's full schedule.

 Swing Dancing in Las Vegas Vintage and Modern Swing Dances @ The Mint Tavern: 7:30 - 8:30 PM (Every week on Friday)

Saturday

Vino Las Vegas Wine & Yacht Club Brunch: 9 AM - 2 PM (Every Saturday and Sunday)

Find Your Yoga Las Vegas - Saturday Morning Meditation with Practitioner Selina Kelly @ Yoga Kandy, LLC. Cost: Love Donation $5-$10 suggested. 11 - 11:45 AM (Every week on Saturday)

Sunday

 Las Vegas Valley Bicycle Club - Sunday Morning Ride @ Einstein Bagels: 9 - 11:30 AM (Every week on Sunday)

Vino Las Vegas Wine & Yacht Club Brunch: 9 AM - 2 PM (Every Saturday and Sunday)

Level 1 West Coast Swing @ 2580 N Rancho Dr, North Las Vegas: 7 - 8 PM (Every week on Tuesday); Drop in Rate is $15, Monthly pass is $50; Register online.

🌤 Summerlin South, Las Vegas 10-Day Weather Forecast

Las Vegas Gas Prices

⚡️ NV Energy and Southwest Gas to Reduce Rates in July, Bringing Relief to Customers

Both NV Energy and Southwest Gas customers in Southern Nevada can expect lower utility bills starting in July, thanks to reductions in fuel purchase rates. This change comes as the national price of natural gas has declined. However, despite lower rates, total energy bills may still rise due to increased summer electricity demand.

Detailed Summary:

  • NV Energy:

    • Single-family residential customers: Average July bill to be around $242, down by $48 (16.5%) from last year.

    • Multifamily residential customers: Average July bill to be around $127, down by $26 (17%) from last year.

    • Revenue impact: Expected to reduce the utility's revenue by $454.7 million.

    • Fuel rate reductions:

      • Single-family: Down 12.2%, accounting for $20.29 of the total bill reduction.

      • Multifamily: Down 13%, accounting for $12.92 of the total bill reduction.

  • Southwest Gas:

    • Single-family residential customers: Rates to decrease by 26%, lowering the monthly bill by $22.03.

    • Multifamily residential customers: Rates to decrease by 24.6%, lowering the monthly bill by $12.06.

    • Revenue impact: Expected to reduce the utility's revenue by $251 million.

Cause of Rate Reduction:

  • The decrease in utility rates is attributed to the steady decline in the national price of natural gas from the elevated levels in 2022 and 2023.

Customer Assistance:

  • Customers experiencing high bills can explore NV Energy’s PowerShift programs and services for energy-saving tips.

Your Guide to Voter Registration and Early Voting

Checking Your Voter Registration:

To check your voter registration status, visit the Nevada Secretary of State’s website at www.nvsos.gov/votersearch/.

Early Voting:

  • Dates: Saturday, May 25 to Friday, June 7.

  • Details: All early voting sites also serve as mail ballot drop-off locations. Hours and days vary by location and can be subject to change due to unforeseen events.

  • Updates: For the latest information, visit Clark County Elections or call 702-455-VOTE.

  • Early Voting and Mail Ballot Drop-off Locations: For a full list, visit Early Voting Sites and Drop-off Locations.

Voting on Election Day:

  • Date: June 11.

  • Poll Hours: 7 a.m. to 7 p.m.

  • Vote Centers: Your sample ballot packet includes a listing of vote centers near you. You can also use the “Vote Center Locator” map tool at Clark County Elections.

  • Election Day Voting Locations: For a complete list, visit Election Day Voting Locations.

Important Dates:

  • May 22: Deadline for the start of mailing in-state ballots.

  • May 23: No sample ballots for newly registered voters (those who register on or after this date will not receive a sample ballot for the current election).

  • May 25 to June 7: Early voting period.

  • May 29 to June 11: Registration or updates to registration can only be done online. No sample ballot will be mailed, and you must vote in person.

  • June 11: Election Day.

  • June 14, 5 p.m.: Deadline for submitting ID and/or proof of residence for provisional ballots, if needed.

  • June 15, 5 p.m.: Deadline for receiving mail ballots returned via the post office.

  • June 17, 5 p.m.: Deadline for curing mail ballot signature issues.

  • June 21: Deadline for county commission canvass.

  • June 26: Deadline to demand a recount.

For continuous updates and detailed information, always refer to the official Clark County Election Department website or contact their office directly.

🏒 Golden Knights to Pick 19th in 2024 NHL Draft at The Sphere

The Golden Knights will pick 19th in the 2024 NHL draft on June 28 at The Sphere in Las Vegas. This will be their last first-round pick for several years due to recent trades aimed at bolstering their roster for another Stanley Cup run. Previous first-round picks have had varied success and most have been traded for established players. Currently, Brendan Brisson is the only first-round pick still with the franchise, while others have been traded to acquire key players like Mark Stone, Max Pacioretty, and Jack Eichel.

Detailed Summary:

  • 2024 Draft: The Golden Knights will select 19th overall on June 28.

  • Future Trades: The team traded their 2025 and 2026 first-round picks to acquire Tomas Hertl and Noah Hanifin.

  • General Manager: Kelly McCrimmon decided to keep the 2024 pick as the Knights are hosting the draft.

  • Draft History: The Knights have made seven first-round picks since their inception, with only Brendan Brisson still on the roster.

First-Round Picks Overview:

  • Cody Glass (6th overall, 2017): Now with the Nashville Predators, had a drop-off season with 13 points in 41 games.

  • Nick Suzuki (13th overall, 2017): Traded to Montreal Canadiens, now their captain with a career-high 77 points last season.

  • Erik Brannstrom (15th overall, 2017): Traded to Ottawa Senators, regular player but not the offensive force expected.

  • Peyton Krebs (17th overall, 2019): Traded to Buffalo Sabres, bottom-six player with 43 points in 154 games.

  • Brendan Brisson (29th overall, 2020): Only first-rounder still with the Knights, aiming for a full-time NHL role.

  • Zach Dean (30th overall, 2021): Traded to St. Louis Blues, yet to make a significant impact.

  • David Edstrom (32nd overall, 2023): Traded to San Jose Sharks, part of their rebuild.

 📊 Tech Park Aims for 25,000 Jobs and $2.6 Billion Economic Impact

UNLV is leveraging the development momentum in southwest Las Vegas Valley to attract high-profile companies to its Harry Reid Research and Technology Park. With commitments from technology, sports, and entertainment firms, the tech park aims to diversify the local economy and create significant job opportunities. The park, partially developed, has the potential to generate 25,000 jobs and a $2.6 billion economic impact. Future projects include a major film studio, while existing tenants like T-Mobile are enhancing the park’s reputation.

Detailed Summary:

  • UNLV's Strategy: Aiming to attract major tech and medical companies to the Harry Reid Research and Technology Park, capitalizing on the development momentum in southwest Las Vegas.

  • Economic Impact: The tech park could create 25,000 jobs and contribute approximately $2.6 billion to Las Vegas’s economy.

  • Current Development:

    • The tech park spans 122 acres with commitments to develop up to half of the land.

    • Over 100 companies and 1,000 employees currently operate in the park, mainly in coworking or incubator spaces.

    • Four buildings have been completed, with a master plan featuring 12 office buildings totaling 1.5 million square feet.

  • Key Tenants:

    • T-Mobile Business Customer Experience Center: Employs around 575 people, advancing cellular networks beyond 5G.

    • High-Profile Companies: Includes unicorn tech companies GeoComply and Sightline Payments, NBA Summer League, and Oak View Group.

  • Upcoming Projects:

    • Las Vegas Media Campus: An 800,000-square-foot film studio project, estimated to cost $880 million, potentially breaking ground in late 2024 or early 2025.

    • Legislative Impact: The project could be influenced by upcoming state legislation on film tax credits.

  • Development Potential:

    • The park aims to attract larger companies looking for significant investment opportunities in Las Vegas rather than smaller tenants.

    • Unique value proposition includes collaboration opportunities with UNLV’s student and faculty community.

🥩 Michelin-Starred Cote Korean Steakhouse to Open in Las Vegas in 2025

Las Vegas is set to welcome Cote Vegas, a Michelin-starred Korean steakhouse, in 2025. Located in The Venetian, this will be the first West Coast project for Cote, which also has locations in New York City, Miami, and Singapore. The new establishment will blend the social aspect of Korean barbecue with the quality and service of a classic American steakhouse, featuring premium beef and a vast selection of wines and cocktails.

Detailed Summary:

  • Opening: Cote Vegas will open in 2025 at The Venetian in Las Vegas.

  • Background: Cote is a Michelin-starred Korean steakhouse with locations in New York City, Miami, and Singapore. It was recently named the best steakhouse in North America by World’s 101 Best Steak Restaurants.

  • Founder’s Connection: Simon Kim, founder and CEO of Gracious Hospitality Management, has a personal connection to Las Vegas, having attended UNLV and started his hospitality career there.

  • Concept: The restaurant combines the social experience of Korean barbecue with the quality of an American steakhouse. The menu will feature A5 wagyu and steaks aged up to 120 days.

  • Signature Dishes: The Butcher’s Feast, Legend of the Seven Jades, and Steak & Eggs are notable offerings.

  • Beverage Program: Cote’s wine list includes over 1,200 labels, complemented by a range of craft cocktails.

  • Design: Designed by David Rockwell and the Rockwell Group, the restaurant will feature dramatic lighting, a central bar, a DJ booth, a tiered dining room, and private dining rooms.

  • Location: Situated in the Waterfall Atrium, part of The Venetian’s $1.5 billion reinvestment.

Summerlin Area Command - Week Ending: May 24, 2024

Courtesy of The Las Vegas Metropolitan Police Department.

📌🏠 Summerlin South - May 2024

*Median Sold Price By Bedroom Count

This is the middle price for which all homes in the area were sold based on the number of bedrooms. Half of all the homes sold were below this price, and half were above.

Visit here to see the entire report.

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We ❤️ Local Businesses!
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Until next time, John Wu.

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