Myron L Meters Thanks NV Energy!

Posted by 2 Jul, 2012

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NV Energy has served citizens in northern Nevada for over 150 years, and southern Nevada since 1906. Nevada Power, Sierra Pacific Power and Sierra Pacific Resources merged in July 1999 to create one of the fastest growing energy companies listed on the New York Stock Exchange. In 2008, both subsidiaries began doing business as NV Energy signaling our commitment to serving Nevada’s energy needs. Our service area covers 45,592 square miles of the fastest growing state in the U.S.

We provide electricity to 2.4 million electric citizens throughout Nevada as well as a state tourist population exceeding 40 million annually. Among the many communities we serve are Las Vegas, Reno-Sparks, Henderson, and Elko. We also provide natural gas to more than 145,000 citizens in the Reno-Sparks area.

Our three-part energy strategy includes making investments that enable our customers to reduce energy usage; expanding renewable energy initiatives and adding clean, efficient generation and related transmission infrastructure.

NV Energy is also dedicated to making our community a better place. Across Nevada, our employees, retirees and their families volunteered 24,000 hours of their own time to various organizations. The total dollar value for NV Energy’s employee volunteer efforts for 2010 is estimated to be $500,400 (24,000 hours x $20.85).

Additionally in 2010, through corporate and employee gifts NV Energy contributed approximately $1.3 million statewide to United Way. This level of giving made NV Energy the largest corporate and employee supporter of the United Way of Southern Nevada and the United Way of Northern Nevada.

Contributions to the Community

Employees

  North: 1,135

South: 1,659

2010 Payroll

North: $105,041,611

South: $154,349,297

2010 Total Payroll $259,390,908

Property Taxes — Nevada

North: $16,269,878

South: $28,223,896

Franchise Utility & Business License Fees — Nevada

North: $27,227,189

South: $111,965,286

Nevada Business Tax

North: $1,199,748

South: $1,765,560

Nevada Mill Tax (paid to PUCN)

North: $2,754,185

South: $5,877,301

Universal Energy Charge

North: $2,759,025

South: $6,849,189

Use Taxes Paid to State of Nevada

North: $3,841,406

South: $5,815,392

Unemployment Taxes

North: $96,007

South: $148,126

Total Dollars paid in Taxes $214,792,188

Demand

2010 Peak Load (in Megawatts)

North: 1,611

South: 5,604

Peak Generating Capacity (in Megawatts)

North: 1,579

South: 4,236

Customers

Northern Nevada — Electric

Residential 277,120

Commercial and Street Lights 44,673

Public Authorities 0

Northern Nevada — Electric TOTAL 321,793

Southern Nevada — Electric

Residential 733,579

Commercial and Street Lights 102,255

Public Authorities 66

Southern Nevada –Electric TOTAL 835,900

NEVADA TOTAL 1,157,693

Northern Nevada — Gas

Residential 138,946

Commercial 12,793

Nevada — Gas TOTAL 151,739

Numbers

Miles of Transmission Line 3,869

Service Territory Square Miles 45,592

Percent of Nevada Residents Served 93

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