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Home > Company Index > Utilities > Electric Utilities > Nevada Power Company

Nevada Power Company
 PROFILE
Those famous Las Vegas nights are lit by Nevada Power, a subsidiary of Sierra Pacific Resources. The utility transmits and distributes electricity to more than 610,000 customers in southern Nevada, including the City That Never Sleeps and the Nevada Test Site. Nevada Power generates more than half of its requirements; it boasts 1,900 MW of fossil-fueled capacity. It also purchases power from the Hoover Dam and elsewhere and trades excess wholesale power. Parent Sierra Pacific Resources' plans to sell Nevada Power's generation assets have been delayed (along with deregulation in Nevada) because of the region's energy crisis. Nevada Power also offers construction services.

 COMPETITION
IDACORP, Inc. (IDA)
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Southwest Gas Corporation (SWX)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,325.50
1-Yr. Sales Growth: 35.6%
Employees: 3,232
Revenue per employee: $410,117.57

 KEY PEOPLE
• Walter M. Higgins
    CEO
• Dennis D. Schiffel
    CFO

 CONTACT INFO
6226 W. Sahara Ave.
Las Vegas, NV 89146
US
Phone: 702-367-5000
Fax: 702-367-5053
Online: Web Site

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