Company Overview of NV Energy, Inc.
NV Energy, Inc., a public utility, together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in Nevada. It also delivers natural gas services. The company serves electric retail customers, including residential, commercial, and industrial customers in Nevada, as well as retail natural gas customers in northern Nevada. As of October 01, 2014, it served 1.3 million customers. NV Energy, Inc. has a strategic alliance with Nevada Copper Corp. to conduct a study of the potential to develop a solar energy generation project. The company is headquartered in Las Vegas, Nevada. NV Energy, Inc. operates as a subsidiary of Berkshire Hathaway Ener...
6226 West Sahara Avenue
Las Vegas, NV 89146
Key Executives for NV Energy, Inc.
Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Chief Information Officer and Vice President
Chief Compliance Officer, Senior Vice President of Regulation, General Counsel and Corporate Secretary
Senior Vice President of Customer Relationship
Compensation as of Fiscal Year 2016.
NV Energy, Inc. Key Developments
NV Energy Announces Solar Agreement with Apple
Jan 25 17
NV Energy and Apple announced that they have reached an agreement to build 200 megawatts of additional solar energy in Nevada by early 2019. The projects will support Apple's renewable energy needs for its Reno data center. In the coming weeks, NV Energy will file an application with the Public Utilities Commission of Nevada (PUCN) to enter into a power purchase agreement (PPA) for the solar power plant. The project will bring NV Energy's total to more than 529 megawatts of new solar resources in construction in Nevada or under review for approval. This is in addition to the 491 megawatts of universal solar resources in Nevada currently serving NV Energy customers. Apple will also dedicate up to 5 megawatts of power to NV Energy's future subscription solar program for residential and commercial customers.
NV Energy Plans to Shut Down Coal-Fired Power Plant in Southern Nevada
Aug 16 16
NV Energy announced that its plans to shut down a coal-fired power plant in southern Nevada 10 months earlier than planned. State lawmakers passed a bill in 2013 that called for the shutdown of coal-fired plants. Three units of the Reid Gardner Generating Station near Moapa were shut down at the end of 2014, and the company now wants to close the fourth on February 28, 2017.
NV Energy, Inc. Seeks Approval from Public Utilities Commission of Nevada for New 100-Megawatt Solar Project in Boulder City, Nevada
Aug 15 16
NV Energy, Inc. requested that the Public Utilities Commission of Nevada approve a new 100-megawatt solar project in Boulder City, Nevada and an earlier retirement date for the remaining 257-megawatt unit at the Reid Gardner Generating Station. The proposal asks to move the original December 31, 2017, retirement date to February 28, 2017. NV Energy noted that the filing is its next step in the transformation of NV Energy's fuel mix, moving to a cleaner, more balanced generation portfolio. This request aligns with the Nevada legislature's 2013 directive in Senate Bill 123 for a structured and orderly retirement of coal-fired generation in southern Nevada and replacing that generation with renewable energy and natural gas-fueled resources. The company retired the first three generating units at Reid Gardner at the end of 2014 and is also exiting its participation in Arizona's Navajo Generating Station by the end of 2019.
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