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HISTORY Nevada Power, and its predecessor companies, have been serving Las Vegas since March 20 , 1906 , the year following the creation of that town. The first company, Consolidated Power And Telephone operated until 1929 when it was split into Southern Nevada Power Company , which became Nevada Power, and Southern Nevada Telephone Company , which became a part of Sprint . After the acquisition of Elko-Lamoille Power Company in 1961 the company changed its name to Nevada Power Company and became the first Nevada company listed on the New York Stock Exchange . In the late 1990s and early 2000s , Nevada Power held off on building new plants and was looking to divest its existing plants based on Nevada's deregulation of power generation and distribution. However after the energy crisis in 2001 , the deregulation was put on hold and Nevada Power resumed pursuing options to generate more of its own power. In 2003 the company installed two of the largest transformers in the world at its Crystal switching station to deal with the large quanity of imported power. As a part of the plant to internally generate more of its power, Nevada Power in October, 2004 purchased from Duke Energy North America a partially competed 1,200 megawatt plant. Plans were announced on June 21 , 2005 to purchase from Pinnacle West Capital Corporation its 75% interest in a 570 megawatt plant. The other 25% share is owned by the Southern Nevada Water Authority . In January, 2006, Nevada Power announced plans to decommission units 1, 2, and 3 at the Clark Station which provide a total of 175 MW of power. POWER PLANTS In the early years, power was generated by the company. However, in 1914 the company contracted to purchase power from other companies. This practice continued until the 1950s when the company again started running power plants to provide a portion of its base supply.
POWER TRANSMISSION Several generating stations are located in Nevada Power's service area. In addition, Nevada power historically imported a large portion of its power from other areas. As a result, the company's main transmission lines both serve its customers and provide inter-company power transport services.
REGIONAL TRANSMISSION ORGANIZATIONS Nevada Power is a member of the Regional Transmission Organization RTO west formally know as Grid West {Link without Title} . EXTERNAL LINKS |
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