LAS VEGAS, May 12 /PRNewswire-FirstCall/ -- Sierra Pacific Resources
(NYSE: SRP) has announced that its two Nevada-based utility subsidiaries,
Nevada Power Company and Sierra Pacific Power Company, have issued a Request
for Proposals (RFP) for energy and credits generated by renewable energy fuel
sources.
The request is part of the utilities' actions to comply with Nevada law
which requires Nevada utilities to generate or acquire a certain percentage of
renewable energy resources, including solar, wind, geothermal, biomass and
hydro sources, for use in serving customers within the state. Responses to
the RFP are due back to the utilities no later than June 20, 2005.
Sierra Pacific Resources is seeking renewable proposals totaling
approximately 200 megawatts of wind, geothermal, hydro, biomass, reverse
polymerization and biogas, and 70 megawatts of solar.
The law contains a provision that requires providers of electric service
to increase the use of renewable energy by two percent every other year, until
the provider's renewable energy portfolio accounts for 15 percent of its total
energy sales by the year 2013. The total for solar-generated power must be at
least five percent of the total renewable energy portfolio.
Parties interested in submitting a response or additional information
related to the RFP and renewable energy laws are encouraged to visit the
companies' websites.
http://www.sierrapacific.com/company/renewables/
http://www.nevadapower.com/company/RFPs/renewablesrfp.cfm
Headquartered in Nevada, Sierra Pacific Resources is a holding company
whose principal subsidiaries are Nevada Power Company, the electric utility
for most of southern Nevada, and Sierra Pacific Power Company, the electric
utility for most of northern Nevada and the Lake Tahoe area of California.
Sierra Pacific Power Company also distributes natural gas in the Reno-Sparks
area of northern Nevada. Other subsidiaries include the Tuscarora Gas
Pipeline Company, which owns 50 percent interest in an interstate natural gas
transmission partnership and several unregulated energy services companies.
SOURCE Sierra Pacific Resources
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Related links:
http://www.nevadapower.com/company/RFPs/renewablesrfp.cfm
CONTACT:
Sonya Headen of Nevada Power Company,
+1-702-367-5222
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