BNET Industries

Last Fiscal Year Sales:$2.3B
  • Private
  • US
Dow Jones Description

Nevada Power, Sierra Pacific Power and Sierra Pacific Resources merged in July 1999 to create one of the fastest growing energy companies listed on the New York Stock Exchange. In 2008, both subsidiaries changed their names to NV Energy signaling our commitment to serving Nevada's energy needs. NV Energy has served customers in northern Nevada and northeastern California for over 150 years, and southern Nevada since 1906. Nevada Power, Sierra Pacific Power and Sierra Pacific Resources merged in July 1999 to create one of the fastest growing energy companies listed on the New York Stock Exchange. In 2008, both subsidiaries changed their names to NV Energy signaling our commitment to serving Nevada's energy needs. Our service area covers 54,500 square miles of the fastest growing state in the U.S. We provide electricity to 2.4 million electric citizens throughout Nevada and in northeastern California as well as a state tourist population exceeding 40 million annually. Among the many communities we serve are Las Vegas, Reno-Sparks, Henderson, Elko and South Lake Tahoe. We also provide natural gas to more than 145,000 customers in the Reno-Sparks area.

President and Chief Executive Officer, Sierra Pacific Resources
Michael W. Yackira
Number of Employees 1,901
Contact Information

6226 W Sahara Ave

Las Vegas, Nevada 89146-0001

www.nvenergy.co...

(702) 367-5000

NAICS Code Electric Power Distribution: 221122

Recent Events

  • Ormat Technologies, Inc. Signs a New 20-Year PPA with Nevada Power Company for 30 MW...

    11/09/09 - Joint Venture / Alliance - View Story

  • NV Energy reports 21 percent rise in 3Q earnings

    10/27/09 - Financial Announcement - View Story

  • NV Energy Meets Growing Power Needs of Las Vegas

    8/03/09 - Bond / Stock Rating - View Story

  • NV Energy 2Q earns drop 49 percent

    7/31/09 - Financial Announcement - View Story

News & Analysis

nevada power co. and sierra pacific resources - All News and Analysis

Decision Makers

Name (plus bio) Position
Michael W. Yackira President and Chief Executive Officer, Sierra Pacific Resources
Jeff Ceccarelli President
E Kevin Bethel Vice President and Chief Accounting Officer
Susan Brennan CIO & Vice President
William D Rogers Corporate Senior Vice President, Chief Financial Officer and Corporate Treasurer
Donald L Pat Senior Vice President
Donald L. Shalmy President
Ernest E. East General Counsel, Corp Senior Vice President
Jefrey L. Ceccarelli Senior Vice President
Paul J Kaleta Corporate Senior Vice President, General Counsel and Secretary, Spr
Paul L. Kaleta General Counsel, Senior Vice President & Secretary
Roberto R. Denis Senior Vice President
Stephen R Wood Senior Vice President, Admin
Tony Sanchez Corporate Senior Vice President, Public Policy and External Affairs Spr
Victor H. Pena Senior Vice President
Carol M. Marin Vice President, Customer Service
Gary L Lavey Vice President of Internal Audit
Jane Crane Vice President, HR
Julian C. Leone Vice President, Marketing & Communications
Mary O. Simmons Vice President
Robert Stewart Vice President of Marketing
Andrea Smith Director, Corp Communications
Jeffrey W Hill Director of Fuels Management and Technical Support
Lori Shawhan Director
Bradley E Woodring Economic Development Manager
Britta Carlson Manager, Investor Relations
John Hargrove Energy Efficiency and Conservation Project Manager
Kerry Bruce Manager, Safety and Health
Mary Ann Sheehan Program Manager for Energy Efficiency and Conservation
John E. Brown Controller
Bruce Bullock Executive of Customer Service
Carissa Pietrantonio
Carlos Saldana Electric Meter Operations Team Leader
Jack Leone Marketing Executive
Larry Holmes
Michelle Bentley
T J Day
Tom Fair Renewable Energy Executive, Sierra Pacific Resources

Board of Directors

Name (plus bio) Position
Philip Glen Satre Chairman of The Board
Arnold Lopez III Board of Directors
Chrystal Harry Board of Directors
Glenn C Christenson Board of Directors
Maureen Mullarkey Board of Directors
Susan F. Clark Board of Directors
William Olsen Board of Directors

Organization Position Status
Ely Energy Center President and Chief Executive Officer Current
Nevada Power Company President and Chief Executive Officer, Sierra Pacific Resources Current
Sierra Pacific Resources President & CEO Current
Solargenerations Corporate Executive Vice President and Chief Financial Officer, Spr Current
Sierra Pacific Resources Board of Directors Current
Sierra Pacific Power Company President and Chief Executive Officer Former
FPL Energy, LLC President Former
FPL Group, Inc. Cfo Former
Sierra Pacific Power Company Chief Financial Officer Former
Sierra Pacific Resources CFO & Vice President Former
FPL Group, Inc. Executive Former
Nevada Power Company Board of Directors Former
City University of New York Bachelor of Science Degree in Accounting Former

Organization Position Status
Nevada Power Company President Current
Sierra Pacific Power Company Corporate Senior Vice President, Service Delivery & Operations, Nve Current
Sierra Pacific Resources Corporate Senior Vice President, Service Delivery and Operations Current
Sierra Pacific, Inc. Engineer Current
Sierra Pacific Power Company Engineer Current
Sierra Pacific Resources Board of Directors Current
Western Energy Institute Board Member Current
American Society of Civil Engineers Member Current
Sierra Pacific Power Company President Former
Sierra Pacific Resources President, Sppc Former
Sierra Pacific Resources Director of Engineering and Operations Former
Sierra Pacific Resources Manager of Gas & Water Design and Planning Former
Planning Ltd. Manager Former
Nevada Power Company Engineer Former
Sierra Pacific Resources Student Engineer Former
University of Michigan Public Utility Executive Program Former

Organization Position Status
Sierra Pacific Resources Vice President and Chief Accounting Officer Current
Ely Energy Center Vice President and Chief Accounting Officer Current
Nevada Power Company Vice President and Chief Accounting Officer Current
American Electric Power Company, Inc. Assistant Controller Former

Organization Position Status
Nevada Power Company CIO & Vice President Current
Sierra Pacific Resources Vice President, Information Services Current
Sierra Pacific Power Company Vice President Current
Sierra Pacific Resources Executive, It & Telecom Former

Organization Position Status
Sierra Pacific Power Company CFO, Treasurer & Senior Vice President Current
Nevada Power Company Corporate Senior Vice President, Chief Financial Officer and Corporate Treasurer Current
Sierra Pacific Resources Corporate Senior Vice President, Chief Financial Officer and Treasurer Current
Ely Energy Center Corporate Senior Vice President, Chief Financial Officer and Treasurer, Spr Current
Sierra Pacific Resources Treasurer Current
Thayer Gate Energy Director Current
Veterans Corporation Advisory Director Former
Nevada Power Company Treasurer Former
Merrill Lynch & Co., Inc. Former

Organization Position Status
Nevada Power Company Senior Vice President Current
Sierra Pacific Power Company Current
Sierra Pacific Resources Current
Las Vegas Chamber of Commerce President Former
Nevada Power Company President Former
Nevada Power Company made President Former

Organization Position Status
Sierra Pacific Power Company Corporate Senior Vice President Current
Sierra Pacific Resources Corporate Senior Vice President, Public Policy and External Affairs Current
Las Vegas Monorail Chairman Current
Swusa Bank Director Current
Nevada Taxpayer's Association Board Member Current
Sunrise Hospital & Medical Center, LLC Board Trustee Current
Nevada Development Authority Board of Directors Current
The Great Basin National Park Foundation Board Member Current
Nevada Power Company President Current
Sierra Pacific Resources President, Npc Former
Nevada Power Company Senior Vice President Former
Kummer Kaempfer Bonner & Renshaw Director of Government and Community Relations Former
The University of Arizona Masters Degree Former
University of Arkansas Bachelors Degree Former

Organization Position Status
Nevada Power Company General Counsel, Corp Senior Vice President Current

Organization Position Status
Nevada Power Company Senior Vice President Current

Paul Kaleta most recently was with Koch Industries, Inc., of Wichita, Kansas, holding a variety of positions which included general counsel for the parent company and a number of subsidiaries in Koch's multi-faceted organization. Prior to joining Koch, Kaleta was vice president and general counsel of Niagara Mohawk Power Corporation in Syracuse, New York, where for six years he oversaw all legal matters related to this New York Stock Exchange-listed gas and electric utility. Kaleta also was a partner and associate in the Washington, D.C. law firm of Swidler & Berlin, Chtd., (1985-1991), as well as an associate in the Washington, D.C. office of Skadden, Arps, Slate, Meagher & Flom (1982-1984).

Organization Position Status
Sierra Pacific Power Company Corporate Senior Vice President, General Counsel and Secretary, Nve Current
Sierra Pacific Resources Senior Vice President & General Counsel Current
Nevada Power Company Corporate Senior Vice President, General Counsel and Secretary, Spr Current
Niagara Mohawk Power Corporation vice president Former

Organization Position Status
Sierra Pacific Resources General Counsel, Senior Vice President & Secretary Current
Nevada Power Company General Counsel, Senior Vice President & Secretary Current

Roberto R. Denis joined NV Energy, Inc. (formerly Sierra Pacific Resources) in August 2003. He has been affiliated with the utility industry for more than 35 years. Prior to joining NV Energy, he was vice president of market and regulatory affairs for FPL Energy LLC, a subsidiary of Florida-based FPL Group, Inc, one of the nation's largest electric utility holding companies and leader in the production of renewable energy. From the beginning of his career with FPL in 1972, Denis has held a number of key management positions in the areas of power systems development and operations; development, implementation and administration of wholesale energy interchange; transmission and purchased power arrangements; system planning; and load forecasting. More recently with FPL Energy, he was responsible for initiating and managing all state and federal regulatory strategies throughout the United States. During this tenure with FPLE he was elected Chairman of the New England Power Pool ("NEPOOL"), the governing institution of New England's fully competitive wholesale standard market. Denis held the position of NEPOOL Chairman for two years until he resigned to join Sierra Pacific Resources.

Organization Position Status
Sierra Pacific Power Company Corporate Senior Vice President, Energy Supply, Nve Current
Ely Energy Center Corporate Senior Vice President, Energy Supply, Spr Current
Sierra Pacific Resources Senior Vice President Current
Sierra Pacific Power Company Vice President Former
FPL Energy, LLC vice president of market and regulatory Former
Georgia Institute of Technology Bachelor of Electrical Engineering Former

Organization Position Status
Sierra Pacific Power Company Senior Vice President, Administration Current
Nevada Power Company Senior Vice President, Admin Current
Sierra Pacific Resources Corporate Senior Vice President, Administration Current
Ely Energy Center Corporate Senior Vice President, Administration, Spr Current
Sierra Pacific Resources Vice President, HR Current
Electric Company President Former
Columbia University executive education Former
Las Vegas Chamber of Commerce Former
Memorex Telex Former
Martin Engineering Director Former
University of Detroit Mercy School of Law MBA Former
Purdue University BS in Industrial Management Former

Organization Position Status
Sierra Pacific Resources Senior Vice President Current
Nevada Partnership for Homeless Youth Corporate Senior Vice President Current
Ely Energy Center Corporate Senior Vice President, Public Policy and External Affairs Spr Current
Nevada Power Company Corporate Senior Vice President, Public Policy and External Affairs Spr Current
Sierra Pacific Power Company Corporate Senior Vice President, Public Policy and External Affairs Nve Current
Jones Vargas Law Firm Partner At Jones Vargas Current
Nevada Tourism Alliance Officer Current
Nevada Tourism Alliance Board of Directors Current
Nevada Partnership for Homeless Youth Board of Directors Current
Nevada Partners, Inc. Board of Directors Current
Nevada Partners, Inc. Vice Chair Current
Las Vegas Review-Journal Former
Las Vegas Chamber of Commerce Board of Directors Former
Commerce Corp. Board of Directors Former
Arizona State University Doctorate Former
University of Nevada Bachelor of Arts degree Former
University of Nevada, Las Vegas B.A. In Political Science Former
Arizona State University Degree Former

Organization Position Status
Sierra Pacific Resources Chief Admin Officer & Senior Vice President Current
Nevada Power Company Senior Vice President Current

Organization Position Status
Sierra Pacific Resources Vice President, Customer Service Current
Sierra Pacific Power Company Vice President, Customer Service Current
Nevada Power Company Vice President, Customer Service Current

Organization Position Status
Nevada Power Company Vice President of Internal Audit Current
Sierra Pacific Power Company Vice President of Internal Audit Current
Cng Financial Vice President of Risk Management Former
Cinergy Corp. Former

Organization Position Status
Sierra Pacific Resources Vice President, Marketing & Communications Current
Sierra Pacific Power Company Vice President, HR Current
Nevada Power Company Vice President, HR Current

Organization Position Status
Sierra Pacific Power Company Vice President, Marketing Current
Sierra Pacific Resources Vice President, Marketing Current
Nevada Power Company Vice President, Marketing & Communications Current
Sierra Pacific Resources Executive, Corp Communications Former

Organization Position Status
Sierra Pacific Resources Vice President, Rates and Regulations Current
Solargenerations Vice President, External Affairs, Sppc Current
Nevada Power Company Vice President Current
Sierra Pacific Power Company Vice President Current
Nevada Women's Fund Board of Directors Current
Sierra Pacific Resources Board of Directors Current
American Institute of Certified Public Accountants Member Current
Sierra Pacific Power Company Director of Water Policy and Planning Former
Sierra Pacific Power Company Plant Manager Former
Sierra Pacific Power Company Controller Former
Kafoury, Armstrong & Co. Former
Pmp Corporation Past Chairman Former
R.R. Donnelley & Sons Co. Member of the Board Former
Pmp Corporation Board of Directors Former
University of Nevada Bachelor's Degree in Accounting Former

Robert Stewart joined NV Energy, Inc. as vice president of marketing, a newly created position, in February of 2008. Stewart has approximately 25 years of utility industry experience with a focus on marketing, management and strategic planning. For the past decade, Stewart has worked as an independent consultant for several entities, including energy service and telecommunications organizations. His prior experience includes five years as vice president of marketing for Florida Power & Light in Miami and 20 years with GTE in increasing levels of responsibility where in his last position he served as vice president of product management of the company's national telephone operating group.

Organization Position Status
Nevada Power Company Vice President of Marketing Current

Organization Position Status
Sierra Pacific Power Company Director, Corp Communications Current
Nevada Power Company Director, Corp Communications Current

Organization Position Status
The University of Idaho Utility Executive Course (Uec) Director, Fuels Management and Technical Support, Sierra Pacific Resources Current
Nevada Power Company Director of Fuels Management and Technical Support Current

Organization Position Status
Nevada Power Company Director Current
Nevada Power Company Director Former

Organization Position Status
Nevada Power Company Economic Development Manager Current

Organization Position Status
Sierra Pacific Resources Manager, Investor Relations Current
Nevada Power Company Manager, Investor Relations Current

Organization Position Status
Nevada Power Company Energy Efficiency and Conservation Project Manager Current

Organization Position Status
Nevada Power Company Manager, Safety and Health Current

Organization Position Status
Nevada Power Company Program Manager for Energy Efficiency and Conservation Current

Organization Position Status
Sierra Pacific Resources Vice President Current
Solargenerations Director of Corporate Current
Sppc Controller Current
Sierra Pacific Resources Controller Current
Nevada Power Company Controller Current
Sierra Pacific Power Company Controller Current
Sierra Pacific Resources Director of Internal Audit Former
Sierra Pacific Resources Assistant Treasurer, Manager Shareholder Services Former
Solargenerations Controller, Spr Former
Sierra Pacific Resources Compliance Principal Former
Sierra Pacific, Inc. Former

Organization Position Status
Nevada Power Company Executive of Customer Service Current

Organization Position Status
Nevada Power Company Current

Organization Position Status
Nevada Power Company Electric Meter Operations Team Leader Current

Organization Position Status
Nevada Power Company Marketing Executive Current

Organization Position Status
Nevada Power Company Current

Organization Position Status
Nevada Power Company Current

Organization Position Status
Sierra Pacific Power Company Current
Sierra Pacific Resources Current
Nevada Power Company Current
Boy Scouts of America Former

Organization Position Status
Nevada Power Company Renewable Energy Executive, Sierra Pacific Resources Current

Satre is a graduate of Stanford University with a Bachelor of Arts degree in Psychology and a J.D. from the University of California at Davis. He attended the Senior Executive Development Program at M.I.T.'s Sloan School of Management in 1982. Satre has been given many honors and awards during his career including being elected by the AGA to the Gaming Hall of Fame, awarded the East Coast Gaming Congress Lifetime Achievement Award as well as the Lifetime Achievement Award from the American Gaming Summit. Satre has been named Gaming Executive of the Year by the Casino Journal and selected as Best Chief Executive in the Casino and Hotel Industries by the Wall Street Journal.

Organization Position Status
Nevada Power Company Chairman of The Board Current
Stanford University Board of Trustees Current
Sierra Pacific Resources Board of Directors Current
TABCORP Holdings Limited Board of Directors Current
Rite Aid Corporation Board of Directors Current
Nordstrom, Inc. Board of Directors Current
Harrah's Entertainment, Inc. CEO Former
Sierra Pacific Power Company Chairman of The Board Former
TABCORP Holdings Limited Director Former
University of California, Davis J.D. Former
Stanford University Bachelor of Arts Degree In Psychology Former
University of California, Davis Bachelor of Arts Degree In Psychology Former

Organization Position Status
Sierra Pacific Power Company Development Executive Current
National Association of Industrial and Office Properties Board of Directors Current
Henderson Chamber of Commerce Board of Directors Current
Nevada Power Company Board of Directors Current
Henderson Chamber of Commerce President Former
University of Nevada, Las Vegas Former

Organization Position Status
Nevada Power Company Board of Directors Current

Organization Position Status
Sierra Pacific Resources Board of Directors Current
Nevada Power Company Board of Directors Current
Sierra Pacific Power Company Board of Directors Current
The First American Corporation Board of Directors Current
The Ohio State University MBA In Finance Former
Wittenberg University Undergraduate Degree In Business Administration Former
The Ohio State University Undergraduate Degree In Business Former

Organization Position Status
Nevada Power Company Board of Directors Current

Clark, who formerly served as chairman of the state of Florida's Public Service Commission, is currently a shareholder of Radey Thomas Yon & Clark, a Tallahassee-based law firm. As an attorney, she has 28 years of experience specializing in energy law and utility regulation matters.

Organization Position Status
Nevada Power Company Board of Directors Current

Organization Position Status
Nevada Power Company Board of Directors Current

Executive News

  • NV Energy Seeks Approval of One Nevada Transmission Line, Renewable Projects and Conservation Efforts

    Reuters - 7/01/09 - View Story

  • NV Energy Seeks Approval of One Nevada Transmission Line, Renewable Projects and Conservation Efforts

    Business Wire - 7/01/09 - View Story

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