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NV Energy company history timeline

1928

By the time Sierra Pacific Power was incorporated from an amalgamation of numerous predecessor companies in 1928, electricity was purchased from other utilities and "imported" to northern Nevada over high voltage electric transmission lines.

1929

By 1929, the company had split into two separate corporations -- Southern Nevada Power Company and Southern Nevada Telephone Company.

1937

In 1937, Southern Nevada Power became the first utility to distribute electricity from newly completed Hoover Dam, the major source of power for Las Vegas for the next 18 years.

1940

Convinced the dam would become a major tourist attraction, the first of Las Vegas' hotel-casinos, the plush El Rancho Vegas, was opened in 1940.

1961

The company dropped "Southern" from its name in 1961, following its acquisition of the Elko-Lamoille Power Company in northern Nevada.

1962

In 1962, Nevada Power was the first Nevada-based company to have its common stock listed on the New York Stock Exchange.

1963

Beginning in 1963, the company started constructing its own natural gas and oil fired power plants, reducing its dependence on imported power.

1968

Sierra Pacific Power's common stock was first traded on the New York Stock Exchange in 1968.

1998

NV Energy is the product of the 1998 merger of the two major utilities in Nevada—northern Nevada's Sierra Pacific Power, based in Reno, and Las Vegas' Nevada Power.

2002

As a side note, ownership of the company's small hydroelectric plants, including Farad, was transferred to the Truckee Meadows Water Authority in 2002 when it purchased Sierra Pacific's water treatment/distribution system in Reno-Sparks.

2006

In 2006, the company announced plans to construct the Ely Energy Center near Ely, Nevada.

2009

The project would initially consist of two 750 megawatt pulverized coal generation units, but was delayed for approximately 10 years in February 2009.

In 2009, NV Energy sold its California operations to a partnership of Algonquin Power & Utilities and Emera.

2013

MidAmerican Energy Holdings Company (now Berkshire Hathaway Energy), a subsidiary of Berkshire Hathaway, acquired NV Energy in a transaction completed on December 19, 2013.

Prior to 2013, the company's northern and southern Nevada electric grids were not connected, and ran as separate systems.

2018

In July 2018, NV Energy launched an electric vehicle infrastructure program.

2019

In 2019, NV Energy announced development of nearly 1.2 GW of solar projects in and around the Moapa River Indian Reservation.

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Zippia gives an in-depth look into the details of NV Energy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about NV Energy. The employee data is based on information from people who have self-reported their past or current employments at NV Energy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by NV Energy. The data presented on this page does not represent the view of NV Energy and its employees or that of Zippia.

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