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Blue Chip Growth

Stock Report: () Report Updated: Nov 17, 2014 | Print This Page

Get more stock ratings by Louis Navellier

(NVE)

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Company Profile

NV Energy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electric energy in Nevada. The company generates electricity from its gas, oil, and coal generating units. It also delivers natural gas service. As of December 31, 2011, the company served approximately 840,000 electric customers primarily in Las Vegas, North Las Vegas, Henderson, and adjoining areas; 323,000 electric customers in the western, central, and northeastern Nevada, including the cities of Reno, Sparks, Carson City, and Elko; and approximately 152,000 customers with natural gas service in Reno/Sparks area of Nevada. It has a generation capacity of approximately 5,862 megawatts through 63 generating units. NV Energy, Inc. serves residential, commercial, and industrial customers, as well as gaming/recreation, mining, warehousing/manufacturing, and governmental entities. The company was formerly known as Sierra Pacific Resources. NV Energy, Inc. was founded in 1906 and is headquartered in Las Vegas, Nevada.

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