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Balance Sheet Cash Flow Statement 6100 Neil Rd. Reno, NV 89511 NV Tel. 775-834-4011 Toll Free 800-962-0399 Fax 775-834-4202 |
Type: Public
On the web:
http://www.sierrapacificresources.com
Employees:
3,330
Employee growth: 1.8%
As Nevada's dominant electric utility, NV Energy (formerly Sierra Pacific Resources) keeps casinos powered 24 hours a day. Subsidiaries Sierra Pacific Power and Nevada Power (which do business as under the NV Energy brand) provide electricity to 1.2 million customers and natural gas to more than 149,300 customers in Nevada and California. They also serve an annual tourist population of 40 million. The utilities generate about 5,690 MW of fossil-fueled capacity and sell power to wholesale customers in the western US. NV Energy also owns Sierra Pacific Communications, a fiber-optic telecommunications service, and Lands of Sierra, a real estate unit. Neither contribute materially to NV Energy's bottom line.
Key numbers for fiscal year ending December, 2008:
Sales: $3,528.1M
One year growth: (2.0%)
Net income: $208.9M
Income growth: 5.9%
Officers:
Chairman: Philip G. (Phil) Satre
President and CEO: Michael W. Yackira
Executive for IT and Telecommunications: Susan M. Brennan
Competitors:
Avista
Sempra Energy
Southwest Gas
