Nevada Power Company
Nevada Power Company
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Product Details
Company | Nevada Power Company |
Certificate Type | Common Stock |
Date Issued | December 28, 1970 |
Canceled | Yes |
Printer | American Bank Note Company |
Signatures | Machine printed |
Approximate Size |
12" (w) by 8" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
Nevada Power, and its predecessor companies, have been serving Las Vegas since March 20, 1906, the year following the creation of that town. The first company, Consolidated Power and Telephone operated until 1929 when it was split into Southern Nevada Power Company, which became Nevada Power, and Southern Nevada Telephone Company, which eventually became a part of Sprint, later spun off into Embarq.
After the acquisition of Elko-Lamoille Power Company in 1961 the company changed its name to the Nevada Power Company and became the first Nevada company listed on the New York Stock Exchange.
In 1999 the company merged with Sierra Pacific Resources. In the late 1990s and early 2000s, Nevada Power held off on building new plants and was looking to divest its existing plants based on Nevada's deregulation of power generation and distribution. However after the energy crisis in 2001, the deregulation was put on hold and Nevada Power resumed pursuing options to generate more of its own power.
In 2003 the company installed two of the largest phase shifting transformers in the world at its Crystal switching station to deal with the large quantity of imported power.
As a part of the plan to internally generate more of its power, Nevada Power in October, 2004 purchased from Duke Energy North America a partially competed 1,200 megawatt plant. Plans were announced on June 21, 2005 to purchase from Pinnacle West Capital Corporation its 75% interest in a 570 megawatt plant. The other 25% share is owned by the Southern Nevada Water Authority.
In January, 2006, Nevada Power announced plans to decommission units 1, 2, and 3 at the Clark Station which provided a total of 175 MW of power.
On September 22, 2008, Nevada Power Company began doing business as NV Energy. This is the result of the corporate decision to unify its image under a single brand.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping Information
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.