Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Enforcement Fine topic
No spam. Unsubscribe anytime.
PUCN finds NV Energy violated a 2024 order and imposes $218,000 fine to be borne by shareholders
Summary
The commission adopted a draft order finding Nevada Power Company and Sierra Pacific Power Company (DBA NV Energy) in violation of a 2024 commission order related to fire-agency contract cost recovery and levied a $218,000 fine payable by NV Energy shareholders; commissioners indicated the fine is remitted to the state general fund.
Commissioner Cordova presented agenda item 2D, a show-cause petition to determine why Nevada Power Company (doing business as NV Energy) and Sierra Pacific Power Company (doing business as NV Energy) should not be administratively fined pursuant to NRS 703.380 for violation of a Commission order. Cordova explained that, between 2022 and 2024, questions arose in cost-recovery proceedings about certain fire-agency contracts; some related costs were disallowed and staff filed the instant petition.
The draft order before the commission recommended finding that NV Energy violated the Commission's 2024 order in docket number 23-03004 and recommended a fine of $218,000. Cordova and Commissioner Brown noted that disallowed costs and the fine are to be borne by NV Energy shareholders and not recovered from ratepayers; Cordova confirmed fines levied by the commission are remitted to the state's general fund.
Cordova moved to approve and issue the proposed order; the motion was seconded and passed by voice vote. The commission entered the order finding a violation and imposing the $218,000 fine as described on the record.
