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) February 1, 2001
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Registrant, State of Incorporation, Address of
Commission File Principal Executive Offices and Telephone I.R.S. employer
Number Number Identification Number
1-8788 SIERRA PACIFIC RESOURCES 88-0198358
P.O. Box 10100
(6100 Neil Road)
Reno, Nevada 89520-0400 (89511)
(775) 834-4011
1-4698 NEVADA POWER COMPANY 88-0045330
6226 West Sahara Avenue
Las Vegas, Nevada 89146
(702) 367-5000
0-508 SIERRA PACIFIC POWER COMPANY 88-0044418
P.O. Box 10100
(6100 Neil Road)
Reno, Nevada 89520-0400 (89511)
(775) 834-4011
None
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(Former name, former address and former fiscal year, if changed since last
report)
Item 5. Other Events
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On January 29, 2001, Sierra Pacific Resources (the parent corporation of Nevada
Power Company and Sierra Pacific Power Company) issued a press release
announcing the filing of an emergency Comprehensive Energy Plan (CEP). In the
CEP, filed with the Public Utilities Commission of Nevada, Sierra Pacific
Resources' Nevada Power and Sierra Pacific Power utility subsidiaries are
proposing short-term emergency price increases ranging from zero for certain
low-usage customers to as much as 29 percent for the state's largest energy
users to correct serious imbalances between the cost of wholesale power and
retail prices. The CEP also addresses other issues including long-term
contracts, low income assistance and conservation programs all intended to help
stabilize energy markets in the state.
A copy of the press release, dated January 29, 2001, and the CEP described
above are attached as Exhibits 99.1 and 99.2, respectively hereto.
Item 7. Financial Statements and Exhibits
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(a) Financial Statements of Businesses Acquired.
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Not required
(b) Pro forma financial information.
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Not required
(c) Exhibits.
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99.1 Sierra Pacific Resources- Press Release issued January 29,
2001
99.2 Comprehensive Energy Plan dated January 29, 2001.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
Sierra Pacific Resources
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(Registrant)
Date: February 1, 2001 By: /s/ Mark A. Ruelle
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Mark A. Ruelle
Senior Vice President
Treasurer
Chief Financial Officer
(Principal Financial Officer)
Nevada Power Company
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(Registrant)
Date: February 1, 2001 By: /s/ Mark A. Ruelle
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Mark A. Ruelle
Senior Vice President
Treasurer
Chief Financial Officer
(Principal Financial Officer)
Sierra Pacific Power Company
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(Registrant)
Date: February 1, 2001 By: /s/ Mark A. Ruelle
---------------- ----------------------
Mark A. Ruelle
Senior Vice President
Treasurer
Chief Financial Officer
(Principal Financial Officer)
Exhibit Index
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Exhibit 99.1
Sierra Pacific Resources- Press Release issued January 29, 2001.
Exhibit 99.2
Comprehensive Energy Plan dated January 29, 2001.