Company Profile
Updated: 30-NOV-09N.V. Energy Inc.
Public Company, Headquarters Location
6226 W Sahara Ave., Las Vegas, NV 89151-0002, United States
(702)402-5000, http://www.nvenergy.com
Primary SIC: Electric And Other Services Combined, Primary NAICS: Electric Power Distribution
Description: Founded in 1928, Sierra Pacific Resources incorporated in Nevada and went public on the New York Stock Exchange in 1976. As of 1999, the Nevada Power Company merged with Sierra Pacific Power Company and its holding company, Sierra Pacific Resources. The company is a public utility that generates, transmits and distributes electric energy to approximately 366,000 customers and adjoining areas, including Nellis Air Force Base and the US Department of Energy's Nevada Test Site in Nye County. Sierra Pacific under its new name Nevada Power generates about 3,300 MW of fossil-fueled capacity; it also purchases power from the Hoover Dam. The service territory covers western, central and northeastern Nevada, including the cities of Reno, Sparks, Carson City, and Elko, and a portion of eastern California, including the Lake Tahoe area. The company also provides natural gas to citizens in the Reno-Sparks area. Sierra Pacific constructed its own natural gas and oil fired power plants and a fiber optic system extending between Salt Lake City, Utah and Sacramento, California. Headquartered in Reno, Nevada, the company currently operates a network of 33 plants in Nevada and California.Utilities: Electric services and natural gas distribution. Finance: Holding company.
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