NV Energy News

U.S. Senate Majority Leader Harry Reid and Nevada Governor Brian Sandoval today jointly called for the passage of a legislative proposal to accelerate the retirement of coal plants owned by NV Energy and to expand renewable energy development in Nevada in the coming years.

NV Energy's plan to shut down coal plants in Nevada moved forward today with strong support from some of Nevada's most influential politicians and business interests.

Former Nevada Attorney General Frankie Sue Del Papa speaks in support of a "legislative scorecard" presented by the Nevada Conservation League at a news conference in Reno on April 21, 2004.

The state Public Utilities Commission today said NV Energy's bill in the Nevada Legislature to close the Reid-Gardner coal-powered plant was fatally flawed and would not protect Las Vegas customers from higher rates.

NV Energy is now offering rebates for natural gas customers in Reno and Sparks who want to use solar energy to help heat their homes.

NV Energy is working to restore power to about 1,400 customers in the area of Tropicana and Eastern Avenues.

A power outage in Fernley affects residents this afternoon. The power outage is along Ricky Lane, and is due to a fallen wire.

The deadly parvovirus disease in dogs reaches its peak every Spring. The disease attacks the animal's intestines and is highly contagious.

A power outage that began about noon Thursday near South Hualapai Way and West Flamingo Road left 1,500 customers without power for about two hours.

Using the air conditioning during the day won't cost more than using it at night if a bill in the Nevada Senate becomes law.

NV Energy is now offering rebates for natural gas customers in Reno and Sparks who want to use solar energy to help heat their homes.

After the bell on Tuesday, Cliffs Natural Resources declared its quarterly dividend of 15 cents per share, maintaining the amount paid to shareholders last quarter.

The firm currently has a "hold" rating on the stock. Several other analysts have also recently commented on the stock.

U.S. Sen. Harry Reid might get his way with Nevada's renewable energy industry. In February, he called for the state Legislature to strip "loopholes" out of Nevada's Renewable Portfolio Standard, which mandates that 25 percent of Nevada's energy will come from renewable sources by 2025.

NV Energy said the outage happened at about 1:10 p.m. and impacted 1400 customers.

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About 1,200 customers in the area of Eastern and Harmon avenues are still without power, NV Energy said.

Legislators are now pushing a bill that would remove the "loopholes," which are provisions allowing energy companies such as NV Energy to meet the standard through measures other than actual renewable energy production.

NV Energy issued an update on its FY13 earnings guidance on Friday morning. The company provided earnings per share guidance of $1.25-1.35 for the period, compared to the Thomson Reuters consensus estimate of $1.30, Analyst Ratings Network reports.

People believe renewable energy will help bring down their bill but in reality it won't. Nevada's Renewable Portfolio Standard requires NV Energy to use renewable energy; that costs money to buy.