-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SJ3fYuBX8l0V6d4KLMAlueaRa3vaeWfgzfD3h8CIlmUBYwnArLLrC6hH1jSYS4SW 6LpyiSC8gqzNsRfhqIfVRA== 0000950135-05-004167.txt : 20050727 0000950135-05-004167.hdr.sgml : 20050727 20050726175858 ACCESSION NUMBER: 0000950135-05-004167 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050726 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050727 DATE AS OF CHANGE: 20050726 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NEVADA POWER CO CENTRAL INDEX KEY: 0000071180 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 880045330 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 002-28348 FILM NUMBER: 05975245 BUSINESS ADDRESS: STREET 1: 6226 W SAHARA AVE CITY: LAS VEGAS STATE: NV ZIP: 89146 BUSINESS PHONE: 7023675000 MAIL ADDRESS: STREET 1: P O BOX 230 CITY: LAS VEGAS STATE: NV ZIP: 89151 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHERN NEVADA POWER CO DATE OF NAME CHANGE: 19701113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SIERRA PACIFIC POWER CO CENTRAL INDEX KEY: 0000090144 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 880044418 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00508 FILM NUMBER: 05975244 BUSINESS ADDRESS: STREET 1: 6100 NEIL RD STREET 2: P O BOX 10100 CITY: RENO STATE: NV ZIP: 89520-0400 BUSINESS PHONE: 7026895408 MAIL ADDRESS: STREET 1: 6100 NEIL ROAD STREET 2: P.O. BOX 10100 CITY: RENO STATE: NV ZIP: 89520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SIERRA PACIFIC RESOURCES /NV/ CENTRAL INDEX KEY: 0000741508 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 880198358 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08788 FILM NUMBER: 05975243 BUSINESS ADDRESS: STREET 1: PO BOX 30150 STREET 2: 6100 NEIL RD CITY: RENO STATE: NV ZIP: 89511 BUSINESS PHONE: 7758344011 MAIL ADDRESS: STREET 1: P O BOX 30150 STREET 2: 6100 NEIL ROAD CITY: RENO STATE: NV ZIP: 89511 8-K 1 b56035spe8vk.htm SIERRA PACIFIC RESOURCES e8vk
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 26, 2005
         
    Registrant, State of Incorporation, Address of   I.R.S. Employer
Commission File   Principal Executive Offices and Telephone   Identification
Number   Number   Number
   
 
    
1-08788  
SIERRA PACIFIC RESOURCES
  88-0198358
   
Nevada
    
   
P.O. Box 10100 (6100 Neil Road)
    
   
Reno, Nevada 89520-0400 (89511)
    
   
(775) 834-4011
    
   
 
    
2-28348  
NEVADA POWER COMPANY
  88-0420104
   
Nevada
    
   
6226 West Sahara Avenue
    
   
Las Vegas, Nevada 89146
    
   
(702) 367-5000
    
   
 
    
0-00508  
SIERRA PACIFIC POWER COMPANY
  88-0044418
   
Nevada
    
   
P.O. Box 10100 (6100 Neil Road)
    
   
Reno, Nevada 89520-0400 (89511)
    
   
(775) 834-4011
    
None
 
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

TABLE OF CONTENTS

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
Item 8.01 Other Events.
Item 9.01 Financial Statements and Exhibits.
SIGNATURES

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Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
     As of July 26, 2005, Nevada Power Company had drawn down an aggregate of $100 million under its $350 million revolving credit facility with Union Bank of California, N.A., as administrative agent, for the purpose of funding its seasonal fuel and power purchase requirements.
Item 8.01 Other Events.
Enron Litigation — Gaming and Partnership Show Cause Proceeding before FERC
     On July 20, 2005, the Federal Energy Regulatory Committee (FERC) issued an order in the Gaming and Partnership Show Cause Proceeding involving Enron Power Marketing, Inc. (Enron), among others, suspending the trial schedule, including the September 7, 2005 trial date, pending FERC review of a recent settlement agreement between the California parties and Enron. The order provides that the trial in this proceeding will convene within seven weeks following FERC’s review of the proposed settlement. FERC also ordered Enron not to take any action to move forward the Bankruptcy Court proceeding, and ordered it to join in any request for postponement of any filing or action in the Bankruptcy Court proceeding. In addition, FERC ordered the remaining parties, including Nevada Power Company (NPC) and Sierra Pacific Power Company (SPPC) to participate in settlement negotiations.
The subject FERC proceeding focuses on Enron’s illicit trading activity in California with various counterparties, including the People of the State of California, California state entities, California utilities and other non-Californian entities (including NPC and SPPC). NPC and SPPC are unable at this time to predict the outcome of the upcoming settlement negotiations, or, if settlement negotiations prove unsuccessful, the outcome of the trial.
Reid Gardner NOAVs
     On July 20, 2005, the Nevada Division of Environmental Protection (NDEP) issued Notices of Alleged Violations (NOAVs) covering a number of issues related to the Nevada Power Company’s Reid Gardner Generating Station in Las Vegas, Nevada. In part, these NOAVs represent reissuances of previously issued NOAVs dated December 2, 2004 which were reported in Sierra Pacific Resources’ Annual Report on Form 10-K for the year ended December 31, 2004. These NOAVs relate to record-keeping, monitoring and other alleged administrative infractions and address additional monitoring and reporting issues for the period September 2002 through December 2004. Also, additional NOAVs were issued concerning intermittent opacity emissions and the monitoring, record-keeping and reporting of such emissions.
All NOAVs are subject to an administrative hearing before the Nevada State Environmental Commission and then to judicial review. NPC is continuing to provide information to NDEP as requested and is engaged in an ongoing dialogue with NDEP, including settlement discussions. Because no penalty has been specified by NDEP and discussions are continuing, management cannot reasonably estimate the amount of any potential monetary penalties that may ultimately be assessed in connection with the alleged violations.
Item 9.01 Financial Statements and Exhibits.
(a)     Financial statements of businesses acquired.
     None.
(b)     Pro forma financial information.
     None.
(c)     Exhibits.
     None.
     
 

 

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SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
         
  Sierra Pacific Resources

(Registrant)
 		  
Date: July 26, 2005  By:   /s/ John E. Brown    
   
John E. Brown 		  
    Controller   
 
  Nevada Power Company

(Registrant)
 		  
Date: July 26, 2005  By:   /s/ John E. Brown    
   
John E. Brown 		  
    Controller   
 
  Sierra Pacific Power Company

(Registrant)
 		  
Date: July 26, 2005  By:   /s/ John E. Brown    
   
John E. Brown 		  
    Controller   
 

 

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