Exhibit 99.1
Docket
No. 11-06006
Timeline
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Each of the company’s two utilities is required to file a general rate case every three years. |
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Application filed: June 6, 2011. |
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Commission decision date: December 21, 2011. |
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New rates effective: January 1, 2012. |
Test Year
Calendar 2010, with known and measurable adjustments through May 31, 2011.
Capital Structure (granted; percent)
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Ratio |
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Cost |
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Weighted
Cost |
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| Debt |
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|
55.62 |
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|
6.56 |
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|
3.65 |
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| Equity |
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44.38 |
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10.00 |
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4.44 |
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| Total |
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100.00 |
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8.09 |
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Decision
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Granted |
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Requested(1) |
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| Revenue increase ($ millions) |
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$ |
158.6 |
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$ |
249.9 |
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| Return on equity |
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10.00 |
% |
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11.25 |
% |
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| Overall return |
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|
8.09 |
% |
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|
8.64 |
% |
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| Rate base ($ billions) |
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$ |
5.48 |
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|
$ |
5.59 |
|
| (1) |
As certified at May 31, 2011 |
Depreciation
Of the revenue increase granted, approximately $17.0 million is attributable
to higher depreciation expense. This excludes depreciation associated with the Harry Allen plant.
Demand Side Management
Of the revenue increase granted, approximately $17.7 million is attributable to increased recovery of demand side management costs, comprised of
amortization expense ($12.7 million) and rate of return ($5.0 million).
For more information, contact NV Energy Investor Relations:
Max Kuniansky: 702.402.5627 or mkuniansky@nvenergy.com
Britta Carlson: 702.402.5624 or bcarlson@nvenergy.com
