Attached files

file filename
8-K - 8-K - NV ENERGY, INC.d548190d8k.htm
EX-99.2 - EX-99.2 - NV ENERGY, INC.d548190dex992.htm
EX-99.3 - EX-99.3 - NV ENERGY, INC.d548190dex993.htm
EX-99.4 - EX-99.4 - NV ENERGY, INC.d548190dex994.htm

Exhibit 99.1

 

LOGO

  

Investor Fact Sheet

May 2013 Utility Merger Application

 

Milestones

Filed with Public Utilities Commission of Nevada: May 31, 2013

Expected Commission decision: by November 30, 2013

Key PUCN Approvals Requested

 

   

Consolidation of NVE-North and NVE-South into a single utility entity renamed NV Energy Operating Company (wholly owned subsidiary of NV Energy, Inc.)

 

   

Consolidation is in the public interest

 

   

Approval of Nevada retail rate plan

Retail Base Rates for a Combined System

On June 2, 2014, NV Energy Operating Company will file a general rate case reflecting a consolidated revenue requirement for its electric and gas utility operations, based on its capital structure, rate base and non-fuel operating and maintenance expense. The results of this filing will establish revenue requirements and retail rates for the combined utility.

FERC Approvals Needed

 

   

Approval of an internal corporate reorganization – filed on May 31, 2013

 

   

Modifications to open access transmission tariff and transmission system rate to reflect one rather than two zones and consolidation of the systems as a result of the One Nevada Transmission Line (ON Line)—filed on May 31, 2013

 

   

Market-based wholesale rate authority for NV Energy Operating Company

 

   

Cost-based wholesale rate authority for NV Energy Operating Company

For more information, contact Investor Relations:

Max Kuniansky: 702.402.5627 or mkuniansky@nvenegy.com

Jessica Lucero: 702.402.5612 or jlucero@nvenergy.com