As part of the bill, NV Energy will eliminate about 800MW of coal-fired electric generating capacity by 31 December 2019, reported timesunion.com.
The company also provides for the construction or acquisition of 350MW of generating capacity from renewable energy and another 550MW of capacity from other electric generating plants such as natural gas.
According to the company, 1MW of power can supply about 600 homes during peak energy usage.
Senate Committee on Commerce, Labor and Energy Chairman Kelvin Atkinson, D-North Las Vegas, said the bill makes a "strong policy statement" and puts Nevada at the "forefront of energy policy in this country."
NV Energy has 10 power plants in Nevada, of which seven use natural gas.
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