By Kevin Geraghty, Las Vegas Review-Journal

NV Energy has taken great care to keep rates stable while ensuring we are able to meet the energy needs of our state. Between 2006 and 2012, NV Energy engaged in an aggressive building-and-acquisition strategy to increase our owned-generating fleet, in order to shield our customers from unpredictable energy markets.

The result was the addition of 3,100 megawatts of highly efficient natural gas-fired generation that now allows us to supply approximately 80 percent of the energy needs of Southern Nevada and 100 percent of Northern Nevada through our own generating resources, making Nevada virtually energy independent. Our customers can take pride in the fact that our reliable service is delivered by one of the safest employee teams in the country.

NV Energy’s top priority is to create greater value for our customers through increased service and stable rates. We were able to reduce our year-over-year operating and maintenance expenses between 2013 and 2014 by 10.5 percent, without layoffs and while improving customer service options. We then leveraged these savings during our 2014 general rate case filing, when, for the first time since the 1970s, we reached a settlement agreement that resulted in no increase in revenue for the company.

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