Research Economist at Beacon Hill Institute
Michael Head is a Research Economist at BHI. He holds a Master of Science in Economic Policy from Suffolk University.
In the coming years, Nevada residents will come face-to-face with the state’s energy policy as Senate Bill 123 is implemented. The law was passed by the 2013 Legislature and requires NV Energy to shut down its remaining coal-fired power plants by the year 2020.
In this analysis, the Beacon Hill Institute at Suffolk University looks into the economic implications of implementing the renewable energy bill. Using its State Tax Analysis Modeling Program — a five-year model programmed to simulate changes in the economy such as taxes and costs — researchers at Beacon Hill were able to estimate the shift in employment, disposable income, energy costs and more that will occur as SB123 is implemented.