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November 27, 2009

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Five companies can leave Nevada Power

Wednesday, July 31, 2002 | 11 a.m.

The Public Utilities Commission of Nevada today approved an order allowing five corporations, including four casino companies, to leave the Nevada Power Co. system and set an amount they will pay to prevent existing customers from being hurt by their departure.

In a 2-0 vote, commissioners allowed Rouse Fashion Show Management LLC, Coast Hotels and Casinos Inc., Station Casinos Inc., Gordon Gaming Corp. and MGM MIRAGE to purchase electricity from Reliant Energy beginning Nov. 1.

If the companies leave Nevada Power, they would have to pay the utility exit fees on behalf of remaining ratepayers. Under the order approved today, Rouse, operator of the Fashion Show mall, would pay $439,000 to leave the system. Casino operators MGM MIRAGE would pay $1.97 million; Station Casinos, $1.35 million; Coast Hotels, $305,000; and Gordon Gaming, operator of the Sahara hotel-casino, $114,000.

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