Nevada Utilities Throw Full Weight Behind Governor Lombardo’s Reelection

LAS VEGAS, NV — Campaign finance records for the first quarter of 2026 reveal a significant consolidation of support within Nevada’s energy sector. Governor Joe Lombardo has secured the exclusive backing of the state’s largest utilities, signaling industry confidence in his “Nevada Way” approach to energy and economic policy.

Utilities Bet Big on Stability

The latest filings show that NV Energy and Southwest Gas have funneled over $40,000 in combined contributions to Governor Lombardo’s campaign and his affiliated PAC, Nevada Way, so far this year.

NV Energy: The state’s primary electric utility has contributed nearly six times its median donation amount to the Governor, totaling significant support during a critical period of grid modernization.
Southwest Gas: The natural gas provider has similarly prioritized the Lombardo administration, with contributions reaching five times the utility’s typical donation to other candidates.

The “Utility Gap”: Ford Left Empty-Handed

In a stark contrast, Democratic challenger and current Attorney General Aaron Ford has received zero contributions from utility companies this cycle.

Regulatory Tensions: Ford has positioned his campaign on a platform of increased utility oversight, recently stating he would appoint commissioners to the Public Utilities Commission of Nevada (PUCN) tasked specifically with lowering costs.
Donor Divergence: While Ford boasts a record-breaking $1.5 million grassroots haul—with 90% of donations under $80—the absence of industry support suggests a clear divide between the challenger’s “Affordable Nevada” agenda and the current administration’s pro-growth energy strategy.

Lombardo’s Fundraising Dominance

With the latest industry backing, Governor Lombardo’s total war chest has swelled to over $15 million across his campaign and affiliated PACs. This historic financial position places the incumbent in the strongest starting position of any governor in Nevada history.

Source: [Nevada Secretary of State Finance Records], [Energy and Policy Institute], [The Nevada Independent].