Investor Presentaiton
NV Energy
Business Update
• Retail load growth
Nevada Power: Actual retail load for nine-months ending September 30, 2021, was 18,575
GWh; an 812 GWh (4.6%) increase compared with the same time period last year, primarily
due to increased large customer usage relative to the same period in 2020, which was down
due to the COVID-19 pandemic
Sierra Pacific: Actual retail load for nine-months ending September 30, 2021, was 8,504
GWh; a 286 GWh (3.5%) increase compared with the same time period last year, primarily
due to increased large customer usage relative to the same period in 2020, which was down
due to the COVID-19 pandemic
• In September 2021, the Nevada Utilities filed an application for the approval of their
Economic Recovery Transportation Electrification Plan to accelerate transportation
electrification in the state of Nevada
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Pursuant to Senate Bill 448, the plan proposes the development of a public charging
network, including NV Energy-owned charging infrastructure
If approved, NV Energy would invest $100 million over the period of January 1, 2022, to
December 2024
• In 2022, Sierra Pacific will file its triennial general rate case
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