It's not a happy day for Nevada Power. |
There's no profit associated with it (for the company). |
This is the first time we've had an income in the first quarter since 2000. This was another piece of our financial recovery story that we needed to get to. |
What we likely know is the ($2.96) increase will not be completely offset. |
When prices are at an historical high level, it is not a good time to lock in prices at that level. |