Southern Nevada HBA Win on Utilities May Lower Cost of New Townhomes
The Southern Nevada Home Builders Association recently won a long battle with the state’s energy authority over the classification of townhomes when calculating the cost to install new electric lines.
For years, Nevada Energy has classified newly constructed townhomes as multifamily properties. The issue for home builders and developers is that Nevada Energy’s Rule 9 Line Extension Allowances are lower for multifamily projects on a per-unit basis than for single-family homes.
Over the last year, the Southern Nevada HBA has been working diligently on behalf of its members, lobbying at the Public Utilities Commission of Nevada to seek clarity on the classification of townhomes. After receiving a grant from the NAHB Legal Action Fund, the HBA submitted a petition to the Public Utilities Commission of Nevada and ultimately won reclassification of townhomes as single-family dwellings.
The reclassification could have a big impact on development in Southern Nevada, which includes Las Vegas. The HBA estimates it could save as much as $3,500 per unit.
This was a significant issue for prospective home buyers in Las Vegas, where townhomes are one of the most accessible products in the housing market and represent 30% of the Southern Nevada market.
Latest from NAHBNow
Nov 14, 2025
Last Chance to Apply for 2026 Best of IBS AwardsExhibitors at the NAHB International Builders’ Show® (IBS) have an opportunity to spotlight their innovative new products each year through the Best of IBS Awards. Don't miss your chance - apply by Friday, Nov. 21.
Nov 14, 2025
Watch Livestreams of Key Fall Leadership MeetingsNAHB leadership, including committee and council members, will gather Nov. 17-19 for the 2025 Fall Leadership Meeting in Denver.
Latest Economic News
Nov 13, 2025
Unchanged Lending Conditions for Residential Mortgages in Third QuarterLending standards for most types of residential mortgages were essentially unchanged, according to the recent release of the Senior Loan Officer Opinion Survey (SLOOS). For commercial real estate (CRE) loans, lending standards for construction & development were modestly tighter, while multifamily was essentially unchanged. Demand for both CRE categories was essentially unchanged for the quarter.
Nov 12, 2025
Adjustable-Rate Mortgage Applications RiseAll types of mortgage activity rose on a year-over-year basis in October, supported by recent declines in interest rates. Notably, adjustable-rate mortgage (ARM) applications more than doubled from a year ago, and refinancing activity continued to strengthen.
Nov 12, 2025
Employment Loss and Post-COVID Recovery Across U.S. Metro AreasIn April 2020, total payroll employment in the United States fell by an unprecedented 20.5 million, following a loss of 1.4 million in March, as the COVID-19 pandemic brought the economy to a sudden halt. The unemployment rate surged by 10.4 percentage points to 14.8% in April. It was the highest rate effectively since the Great Depression.