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90144_12_item7_p246_s2
90144_11_item7_p140_s2
However, if energy costs rise at a rapid rate and the Utilities do not recover the cost of fuel, purchased power and operating costs in a timely manner or the Utilities were to experience a credit rating downgrade resulting in the posting of collateral as discussed below under Gas Supplier Matters and Financial Gas Hed...
However, if energy costs rise at a rapid rate and NPC does not recover the cost of fuel and purchased power in a timely manner, if operating costs are not recovered in a timely manner or NPC were to experience a credit rating downgrade resulting in the posting of collateral as discussed below under Gas Supplier Matters...
2
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[]
[ "NPC", "recovered", "NPC", "NPC" ]
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90144_12_item7_p365_s2
90144_11_item7_p140_s2
However, if energy costs rise at a rapid rate and the Utilities do not recover the cost of fuel, purchased power and operating costs in a timely manner or the Utilities were to experience a credit rating downgrade resulting in the posting of collateral as discussed below under Gas Supplier Matters and Financial Gas Hed...
However, if energy costs rise at a rapid rate and SPPC does not recover the cost of fuel and purchased power in a timely manner, if operating costs are not recovered in a timely manner or SPPC were to experience a credit rating downgrade resulting in the posting of collateral as discussed below under Gas Supplier Matte...
2
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[]
[ "SPPC", "recovered", "SPPC", "SPPC" ]
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90144_12_item7_p248_s0
90144_11_item7_p142_s0
In 2010, the Utilities credit ratings on their senior secured debt remained at investment grade (see Credit Ratings below).
In 2011, NPC s credit ratings on its senior secured debt remained at investment grade (see Credit Ratings below).
2
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[]
[ "NPC" ]
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90144_12_item7_p368_s0
90144_11_item7_p142_s0
In 2010, the Utilities credit ratings on their senior secured debt remained at investment grade (see Credit Ratings below).
In 2011, SPPC s credit ratings on its senior secured debt remained at investment grade (see Credit Ratings below).
2
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[]
[ "SPPC" ]
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90144_12_item7_p248_s2
90144_11_item7_p142_s2
However, disruptions in the banking and capital markets not specifically related to NVE or the Utilities may affect their ability to access funding sources or cause an increase in the interest rates paid on newly issued debt.
However, disruptions in the banking and capital markets not specifically related to NPC may affect its ability to access funding sources or cause an increase in the interest rates paid on newly issued debt.
2
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[]
[ "NPC" ]
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90144_12_item7_p368_s2
90144_11_item7_p142_s2
However, disruptions in the banking and capital markets not specifically related to NVE or the Utilities may affect their ability to access funding sources or cause an increase in the interest rates paid on newly issued debt.
However, disruptions in the banking and capital markets not specifically related to SPPC may affect its ability to access funding sources or cause an increase in the interest rates paid on newly issued debt.
2
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[]
[ "SPPC" ]
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90144_12_item7_p250_s0
90144_11_item7_p144_s0
NVE designs operating and capital budgets to control operating costs and capital expenditures.
NPC designs operating and capital budgets to control operating costs and capital expenditures.
2
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[ "NVE", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", "capital", "expenditures", "." ]
[ "NPC", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", "capital", "expenditures", "." ]
[]
[ "NPC" ]
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90144_12_item7_p370_s0
90144_11_item7_p144_s0
NVE designs operating and capital budgets to control operating costs and capital expenditures.
SPPC designs operating and capital budgets to control operating costs and capital expenditures.
2
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[ "NVE", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", "capital", "expenditures", "." ]
[ "SPPC", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", "capital", "expenditures", "." ]
[]
[ "SPPC" ]
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90144_12_item7_p250_s1
90144_11_item7_p144_s1
In addition to operating expenses, NVE has continuing commitments for capital expenditures for construction, improvement and maintenance of facilities.
In addition to operating expenses, NPC has continuing commitments for capital expenditures for construction, improvement and maintenance of facilities.
2
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[]
[ "NPC" ]
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90144_12_item7_p370_s1
90144_11_item7_p144_s1
In addition to operating expenses, NVE has continuing commitments for capital expenditures for construction, improvement and maintenance of facilities.
In addition to operating expenses, SPPC has continuing commitments for capital expenditures for construction, improvement and maintenance of facilities.
2
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[]
[ "SPPC" ]
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90144_12_item7_p252_s0
90144_11_item7_p146_s0
NVE s actual capital structure on a consolidated basis was as follows at December 31 (dollars in thousands):
NPC s actual consolidated capital structure was as follows at December 31 (dollars in thousands):
2
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[]
[ "NPC" ]
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90144_12_item7_p372_s0
90144_11_item7_p146_s0
NVE s actual capital structure on a consolidated basis was as follows at December 31 (dollars in thousands):
SPPC s actual consolidated capital structure was as follows at December 31 (dollars in thousands):
2
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[ "SPPC", "s", "actual", "consolidated", "capital", "structure", "was", "as", "follows", "at", "December", "31", "(", "dollars", "in", "thousands", "):" ]
[]
[ "SPPC" ]
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90144_12_item7_p253_s4
90144_11_item7_p147_s3
To fund future capital projects, NVE and the Utilities may meet such financial obligations with a combination of internally generated funds, the use of the Utilities revolving credit facilities, the issuance of long-term debt, and if necessary, the issuance of equity by NVE.
To fund future capital projects NPC may meet such financial obligations with a combination of internally generated funds, the use of its revolving credit facilities, the issuance of long-term debt, and if necessary, capital contributions from NVE.
2
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[]
[ "NPC", "contributions" ]
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90144_12_item7_p254_s0
90144_11_item7_p150_s0
The table below provides NVE s contractual obligations on a consolidated basis, as of December 31, 2010, (except as otherwise indicated) that NVE expects to satisfy through a combination of internally generated cash and, as necessary, through the issuance of short-term and long-term debt.
The table below provides NPC s consolidated contractual obligations, as of December 31, 2011, that NPC expects to satisfy through a combination of internally generated cash and, as necessary, through the issuance of short-term and long-term debt.
2
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[ "The", "table", "below", "provides", "NVE", "s", "contractual", "obligations", "on", "a", "consolidated", "basis", ",", "as", "of", "December", "31", ",", "2010", ",", "(", "except", "as", "otherwise", "indicated", ")", "that", "NVE", "expects", "to", "sat...
[ "The", "table", "below", "provides", "NPC", "s", "consolidated", "contractual", "obligations", ",", "as", "of", "December", "31", ",", "2011", ",", "that", "NPC", "expects", "to", "satisfy", "through", "a", "combination", "of", "internally", "generated", "cash...
[]
[ "NPC", "NPC" ]
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90144_12_item7_p374_s0
90144_11_item7_p150_s0
The table below provides NVE s contractual obligations on a consolidated basis, as of December 31, 2010, (except as otherwise indicated) that NVE expects to satisfy through a combination of internally generated cash and, as necessary, through the issuance of short-term and long-term debt.
The table below provides SPPC s consolidated contractual obligations, as of December 31, 2011, that SPPC expects to satisfy through a combination of internally generated cash and, as necessary, through the issuance of short-term and long-term debt.
2
[ "<tag1>", "The", "table", "below", "provides", "NVE", "s", "contractual", "obligations", "on", "a", "consolidated", "basis", ",", "as", "of", "December", "31", ",", "2010", ",", "(", "except", "as", "otherwise", "indicated", ")", "that", "NVE", "expects", ...
[ "The", "table", "below", "provides", "NVE", "s", "contractual", "obligations", "on", "a", "consolidated", "basis", ",", "as", "of", "December", "31", ",", "2010", ",", "(", "except", "as", "otherwise", "indicated", ")", "that", "NVE", "expects", "to", "sat...
[ "The", "table", "below", "provides", "SPPC", "s", "consolidated", "contractual", "obligations", ",", "as", "of", "December", "31", ",", "2011", ",", "that", "SPPC", "expects", "to", "satisfy", "through", "a", "combination", "of", "internally", "generated", "ca...
[]
[ "SPPC", "SPPC" ]
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90144_12_item7_p255_s0
90144_11_item7_p151_s0
Certain contracts contain variable factors which required NVE to estimate the obligation depending on the final variable amount.
Certain contracts contain variable factors which required NPC to estimate the obligation depending on the final variable amount.
2
[ "<tag1>", "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NVE", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", ".", "<tag2>", "Certain", "contracts", "contain", "variable", "factors", ...
[ "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NVE", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", "." ]
[ "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NPC", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", "." ]
[]
[ "NPC" ]
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[ -1, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, -1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, -1 ]
90144_12_item7_p375_s0
90144_11_item7_p151_s0
Certain contracts contain variable factors which required NVE to estimate the obligation depending on the final variable amount.
Certain contracts contain variable factors which required SPPC to estimate the obligation depending on the final variable amount.
2
[ "<tag1>", "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NVE", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", ".", "<tag2>", "Certain", "contracts", "contain", "variable", "factors", ...
[ "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NVE", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", "." ]
[ "Certain", "contracts", "contain", "variable", "factors", "which", "required", "SPPC", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", "." ]
[]
[ "SPPC" ]
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90144_12_item7_p255_s2
90144_11_item7_p151_s2
Additionally, at December 31, 2010, NVE has recorded an uncertain tax liability of $35.7 million in accordance with the accounting guidance for Uncertainty in Income Taxes Topic of the FASC all of which is classified as non-current.
Additionally, at December 31, 2011, NPC has recorded an uncertain tax liability of $24.3 million as required by the accounting guidance for Uncertainty in Income Taxes Topic of the FASC, all of which is classified as non-current.
2
[ "<tag1>", "Additionally", ",", "at", "December", "31", ",", "2010", ",", "NVE", "has", "recorded", "an", "uncertain", "tax", "liability", "of", "$", "35.7", "million", "in", "accordance", "with", "the", "accounting", "guidance", "for", "Uncertainty", "in", "...
[ "Additionally", ",", "at", "December", "31", ",", "2010", ",", "NVE", "has", "recorded", "an", "uncertain", "tax", "liability", "of", "$", "35.7", "million", "in", "accordance", "with", "the", "accounting", "guidance", "for", "Uncertainty", "in", "Income", "...
[ "Additionally", ",", "at", "December", "31", ",", "2011", ",", "NPC", "has", "recorded", "an", "uncertain", "tax", "liability", "of", "$", "24.3", "million", "as", "required", "by", "the", "accounting", "guidance", "for", "Uncertainty", "in", "Income", "Taxe...
[]
[ "NPC", "24.3", "required" ]
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90144_12_item7_p375_s2
90144_11_item7_p151_s2
Additionally, at December 31, 2010, NVE has recorded an uncertain tax liability of $35.7 million in accordance with the accounting guidance for Uncertainty in Income Taxes Topic of the FASC all of which is classified as non-current.
Additionally, at December 31, 2011, SPPC recorded an uncertain tax liability of $9.8 million as required by the accounting guidance for Uncertainty in Income Taxes Topic of the FASC, all of which is classified as non-current.
2
[ "<tag1>", "Additionally", ",", "at", "December", "31", ",", "2010", ",", "NVE", "has", "recorded", "an", "uncertain", "tax", "liability", "of", "$", "35.7", "million", "in", "accordance", "with", "the", "accounting", "guidance", "for", "Uncertainty", "in", "...
[ "Additionally", ",", "at", "December", "31", ",", "2010", ",", "NVE", "has", "recorded", "an", "uncertain", "tax", "liability", "of", "$", "35.7", "million", "in", "accordance", "with", "the", "accounting", "guidance", "for", "Uncertainty", "in", "Income", "...
[ "Additionally", ",", "at", "December", "31", ",", "2011", ",", "SPPC", "recorded", "an", "uncertain", "tax", "liability", "of", "$", "9.8", "million", "as", "required", "by", "the", "accounting", "guidance", "for", "Uncertainty", "in", "Income", "Taxes", "To...
[]
[ "SPPC", "9.8", "required" ]
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90144_12_item7_p255_s3
90144_11_item7_p151_s3
NVE is unable to make a reasonably reliable estimate of the period of cash payments to relevant tax authorities; consequently, none of the uncertain tax liability is included in the contractual obligations table below (dollars in thousands):
NPC is unable to make a reasonably reliable estimate of the period of cash payments to relevant tax authorities; consequently, none of the uncertain tax liability is included in the contractual obligations table below (dollars in millions):
2
[ "<tag1>", "NVE", "is", "unable", "to", "make", "a", "reasonably", "reliable", "estimate", "of", "the", "period", "of", "cash", "payments", "to", "relevant", "tax", "authorities", ";", "consequently", ",", "none", "of", "the", "uncertain", "tax", "liability", ...
[ "NVE", "is", "unable", "to", "make", "a", "reasonably", "reliable", "estimate", "of", "the", "period", "of", "cash", "payments", "to", "relevant", "tax", "authorities", ";", "consequently", ",", "none", "of", "the", "uncertain", "tax", "liability", "is", "in...
[ "NPC", "is", "unable", "to", "make", "a", "reasonably", "reliable", "estimate", "of", "the", "period", "of", "cash", "payments", "to", "relevant", "tax", "authorities", ";", "consequently", ",", "none", "of", "the", "uncertain", "tax", "liability", "is", "in...
[]
[ "NPC", "millions" ]
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[ -1, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, -1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, ...
90144_12_item7_p375_s3
90144_11_item7_p151_s3
NVE is unable to make a reasonably reliable estimate of the period of cash payments to relevant tax authorities; consequently, none of the uncertain tax liability is included in the contractual obligations table below (dollars in thousands):
SPPC is unable to make a reasonably reliable estimate of the period of cash payments to relevant tax authorities; consequently, none of the uncertain tax liability is included in the contractual obligations table below (dollars in millions):
2
[ "<tag1>", "NVE", "is", "unable", "to", "make", "a", "reasonably", "reliable", "estimate", "of", "the", "period", "of", "cash", "payments", "to", "relevant", "tax", "authorities", ";", "consequently", ",", "none", "of", "the", "uncertain", "tax", "liability", ...
[ "NVE", "is", "unable", "to", "make", "a", "reasonably", "reliable", "estimate", "of", "the", "period", "of", "cash", "payments", "to", "relevant", "tax", "authorities", ";", "consequently", ",", "none", "of", "the", "uncertain", "tax", "liability", "is", "in...
[ "SPPC", "is", "unable", "to", "make", "a", "reasonably", "reliable", "estimate", "of", "the", "period", "of", "cash", "payments", "to", "relevant", "tax", "authorities", ";", "consequently", ",", "none", "of", "the", "uncertain", "tax", "liability", "is", "i...
[]
[ "SPPC", "millions" ]
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90144_12_item7_p154_s1
90144_11_item7_p156_s5
At the present time it is not expected that additional funding will be required in 2011 to meet the minimum funding level requirements defined by the P ension Protection Act of 2006.
At the present time, it is not anticipated that additional funding will be required in 2012 to meet the minimum funding level requirements defined by the Pension Protection Act of 2006.
2
[ "<tag1>", "At", "the", "present", "time", "it", "is", "not", "expected", "that", "additional", "funding", "will", "be", "required", "in", "2011", "to", "meet", "the", "minimum", "funding", "level", "requirements", "defined", "by", "the", "P", "ension", "Prot...
[ "At", "the", "present", "time", "it", "is", "not", "expected", "that", "additional", "funding", "will", "be", "required", "in", "2011", "to", "meet", "the", "minimum", "funding", "level", "requirements", "defined", "by", "the", "P", "ension", "Protection", "...
[ "At", "the", "present", "time", ",", "it", "is", "not", "anticipated", "that", "additional", "funding", "will", "be", "required", "in", "2012", "to", "meet", "the", "minimum", "funding", "level", "requirements", "defined", "by", "the", "Pension", "Protection",...
[]
[ "anticipated", "Pension" ]
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90144_12_item7_p260_s1
90144_11_item7_p156_s5
At the present time it is not expected that additional funding will be required in 2011 to meet the minimum funding level requirements defined by the P ension Protection Act of 2006.
At the present time, it is not anticipated that additional funding will be required in 2012 to meet the minimum funding level requirements defined by the Pension Protection Act of 2006.
2
[ "<tag1>", "At", "the", "present", "time", "it", "is", "not", "expected", "that", "additional", "funding", "will", "be", "required", "in", "2011", "to", "meet", "the", "minimum", "funding", "level", "requirements", "defined", "by", "the", "P", "ension", "Prot...
[ "At", "the", "present", "time", "it", "is", "not", "expected", "that", "additional", "funding", "will", "be", "required", "in", "2011", "to", "meet", "the", "minimum", "funding", "level", "requirements", "defined", "by", "the", "P", "ension", "Protection", "...
[ "At", "the", "present", "time", ",", "it", "is", "not", "anticipated", "that", "additional", "funding", "will", "be", "required", "in", "2012", "to", "meet", "the", "minimum", "funding", "level", "requirements", "defined", "by", "the", "Pension", "Protection",...
[]
[ "anticipated", "Pension" ]
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90144_12_item7_p379_s1
90144_11_item7_p156_s5
At the present time it is not expected that additional funding will be required in 2011 to meet the minimum funding level requirements defined by the P ension Protection Act of 2006.
At the present time, it is not anticipated that additional funding will be required in 2012 to meet the minimum funding level requirements defined by the Pension Protection Act of 2006.
2
[ "<tag1>", "At", "the", "present", "time", "it", "is", "not", "expected", "that", "additional", "funding", "will", "be", "required", "in", "2011", "to", "meet", "the", "minimum", "funding", "level", "requirements", "defined", "by", "the", "P", "ension", "Prot...
[ "At", "the", "present", "time", "it", "is", "not", "expected", "that", "additional", "funding", "will", "be", "required", "in", "2011", "to", "meet", "the", "minimum", "funding", "level", "requirements", "defined", "by", "the", "P", "ension", "Protection", "...
[ "At", "the", "present", "time", ",", "it", "is", "not", "anticipated", "that", "additional", "funding", "will", "be", "required", "in", "2012", "to", "meet", "the", "minimum", "funding", "level", "requirements", "defined", "by", "the", "Pension", "Protection",...
[]
[ "anticipated", "Pension" ]
[ -1, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -100, -1, -100, 0, -100, 0, -100, -100, ...
[ -1, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, 0, -1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, 1, ...
90144_12_item7_p159_s0
90144_11_item7_p159_s2
See NPC s and SPPC s Ability to Issue Debt sections for further discussion of the Utilities limitations on ability to issue debt.
NPC s and SPPC s Ability to Issue Debt sections further discuss their limitations on their ability to issue debt.
2
[ "<tag1>", "See", "NPC", "s", "and", "SPPC", "s", "Ability", "to", "Issue", "Debt", "sections", "for", "further", "discussion", "of", "the", "Utilities", "limitations", "on", "ability", "to", "issue", "debt", ".", "<tag2>", "NPC", "s", "and", "SPPC", "s", ...
[ "See", "NPC", "s", "and", "SPPC", "s", "Ability", "to", "Issue", "Debt", "sections", "for", "further", "discussion", "of", "the", "Utilities", "limitations", "on", "ability", "to", "issue", "debt", "." ]
[ "NPC", "s", "and", "SPPC", "s", "Ability", "to", "Issue", "Debt", "sections", "further", "discuss", "their", "limitations", "on", "their", "ability", "to", "issue", "debt", "." ]
[]
[ "discuss" ]
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90144_12_item7_p192_s0
90144_11_item7_p15_s2
See Note 2, Segment Information, of the Notes to Financial Statements.
For reconciliation to operating income, see Note 2, Segment Information, of the Notes to Financial Statements.
2
[ "<tag1>", "See", "Note", "2", ",", "Segment", "Information", ",", "of", "the", "Notes", "to", "Financial", "Statements", ".", "<tag2>", "For", "reconciliation", "to", "operating", "income", ",", "see", "Note", "2", ",", "Segment", "Information", ",", "of", ...
[ "See", "Note", "2", ",", "Segment", "Information", ",", "of", "the", "Notes", "to", "Financial", "Statements", "." ]
[ "For", "reconciliation", "to", "operating", "income", ",", "see", "Note", "2", ",", "Segment", "Information", ",", "of", "the", "Notes", "to", "Financial", "Statements", "." ]
[]
[ "reconciliation", "operating", "income", "see" ]
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90144_12_item7_p275_s0
90144_11_item7_p169_s0
The liquidity of NVE and the Utilities, the cost and availability of borrowing by the Utilities under their respective credit facilities, the potential exposure of the Utilities to collateral calls under various contracts and the ability of the Utilities to acquire fuel and purchased power on favorable terms are all di...
The liquidity of NPC, the cost and availability of borrowing by NPC under its credit facility, the potential exposure of NPC to collateral calls under various contracts and the ability of NPC to acquire fuel and purchased power on favorable terms are all directly affected by the credit ratings for NPC s debt.
2
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[ "The", "liquidity", "of", "NVE", "and", "the", "Utilities", ",", "the", "cost", "and", "availability", "of", "borrowing", "by", "the", "Utilities", "under", "their", "respective", "credit", "facilities", ",", "the", "potential", "exposure", "of", "the", "Utili...
[ "The", "liquidity", "of", "NPC", ",", "the", "cost", "and", "availability", "of", "borrowing", "by", "NPC", "under", "its", "credit", "facility", ",", "the", "potential", "exposure", "of", "NPC", "to", "collateral", "calls", "under", "various", "contracts", ...
[]
[ "NPC", "NPC", "facility", "NPC", "NPC", "NPC" ]
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90144_12_item7_p394_s0
90144_11_item7_p169_s0
The liquidity of NVE and the Utilities, the cost and availability of borrowing by the Utilities under their respective credit facilities, the potential exposure of the Utilities to collateral calls under various contracts and the ability of the Utilities to acquire fuel and purchased power on favorable terms are all di...
The liquidity of SPPC, the cost and availability of borrowing by SPPC under its credit facility, the potential exposure of SPPC to collateral calls under various contracts and the ability of SPPC to acquire fuel and purchased power on favorable terms are all directly affected by the credit ratings for SPPC s debt.
2
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[ "The", "liquidity", "of", "NVE", "and", "the", "Utilities", ",", "the", "cost", "and", "availability", "of", "borrowing", "by", "the", "Utilities", "under", "their", "respective", "credit", "facilities", ",", "the", "potential", "exposure", "of", "the", "Utili...
[ "The", "liquidity", "of", "SPPC", ",", "the", "cost", "and", "availability", "of", "borrowing", "by", "SPPC", "under", "its", "credit", "facility", ",", "the", "potential", "exposure", "of", "SPPC", "to", "collateral", "calls", "under", "various", "contracts",...
[]
[ "SPPC", "SPPC", "facility", "SPPC", "SPPC", "SPPC" ]
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90144_12_item7_p400_s0
90144_11_item7_p170_s0
Fitch s, Moody s and S P s rating outlook for NVE, NPC and SPPC is Stable.
Fitch s, Moody s and S P s rating outlook for SPPC is Stable.
2
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[ "Fitch", "s", ",", "Moody", "s", "and", "S", "P", "s", "rating", "outlook", "for", "SPPC", "is", "Stable", "." ]
[]
[]
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90144_12_item7_p402_s0
90144_11_item7_p172_s0
Each security rating agency has its own methodology for assigning ratings, and, accordingly, each rating should be evaluated in the context of the applicable methodology, independently of all other ratings.
ratings, and, accordingly, each rating should be evaluated in the context of the applicable methodology, independently of all other ratings.
2
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[]
[]
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90144_12_item7_p180_s0
90144_11_item7_p176_s0
Most contracts and confirmations for purchased power have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurance.
Most contracts and confirmations for natural gas purchases have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurances.
2
[ "<tag1>", "Most", "contracts", "and", "confirmations", "for", "purchased", "power", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "paymen...
[ "Most", "contracts", "and", "confirmations", "for", "purchased", "power", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment", "in", ...
[ "Most", "contracts", "and", "confirmations", "for", "natural", "gas", "purchases", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment...
[]
[ "natural", "gas", "purchases", "assurances" ]
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90144_12_item7_p290_s0
90144_11_item7_p176_s0
Most contracts and confirmations for purchased power have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurance.
Most contracts and confirmations for natural gas purchases have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurances.
2
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[ "Most", "contracts", "and", "confirmations", "for", "purchased", "power", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment", "in", ...
[ "Most", "contracts", "and", "confirmations", "for", "natural", "gas", "purchases", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment...
[]
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90144_12_item7_p409_s1
90144_11_item7_p176_s0
Most contracts and confirmations for purchased power have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurance.
Most contracts and confirmations for natural gas purchases have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery.
2
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[ "Most", "contracts", "and", "confirmations", "for", "purchased", "power", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment", "in", ...
[ "Most", "contracts", "and", "confirmations", "for", "natural", "gas", "purchases", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment...
[]
[ "natural", "gas", "purchases" ]
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90144_12_item7_p176_s0
90144_11_item7_p179_s0
Most contracts and confirmations for natural gas purchases have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurances.
Most contracts and confirmations for purchased power have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurance.
2
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[ "Most", "contracts", "and", "confirmations", "for", "natural", "gas", "purchases", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment...
[ "Most", "contracts", "and", "confirmations", "for", "purchased", "power", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment", "in", ...
[]
[ "purchased", "power", "assurance" ]
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90144_12_item7_p287_s0
90144_11_item7_p179_s0
Most contracts and confirmations for natural gas purchases have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurances.
Most contracts and confirmations for purchased power have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurance.
2
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[ "Most", "contracts", "and", "confirmations", "for", "natural", "gas", "purchases", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment...
[ "Most", "contracts", "and", "confirmations", "for", "purchased", "power", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment", "in", ...
[]
[ "purchased", "power", "assurance" ]
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90144_12_item7_p406_s0
90144_11_item7_p179_s0
Most contracts and confirmations for natural gas purchases have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurances.
Most contracts and confirmations for purchased power have been modified or separate agreements have been made to either shorten the normal payment due date or require payment in advance of delivery in response to requests for financial assurance.
2
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[ "Most", "contracts", "and", "confirmations", "for", "natural", "gas", "purchases", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment...
[ "Most", "contracts", "and", "confirmations", "for", "purchased", "power", "have", "been", "modified", "or", "separate", "agreements", "have", "been", "made", "to", "either", "shorten", "the", "normal", "payment", "due", "date", "or", "require", "payment", "in", ...
[]
[ "purchased", "power", "assurance" ]
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90144_12_item7_p293_s0
90144_11_item7_p183_s0
The Utilities enter into certain hedging contracts with various counterparties to manage the gas price risk inherent in purchased power and fuel contracts.
NPC enters into certain hedging contracts with various counterparties to manage the gas price risk inherent in purchased power and fuel contracts.
2
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[ "The", "Utilities", "enter", "into", "certain", "hedging", "contracts", "with", "various", "counterparties", "to", "manage", "the", "gas", "price", "risk", "inherent", "in", "purchased", "power", "and", "fuel", "contracts", "." ]
[ "NPC", "enters", "into", "certain", "hedging", "contracts", "with", "various", "counterparties", "to", "manage", "the", "gas", "price", "risk", "inherent", "in", "purchased", "power", "and", "fuel", "contracts", "." ]
[]
[ "NPC", "enters" ]
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90144_12_item7_p411_s0
90144_11_item7_p183_s0
The Utilities enter into certain hedging contracts with various counterparties to manage the gas price risk inherent in purchased power and fuel contracts.
SPPC enters into certain hedging contracts with various counterparties to manage the gas price risk inherent in purchased power and fuel contracts.
2
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[ "The", "Utilities", "enter", "into", "certain", "hedging", "contracts", "with", "various", "counterparties", "to", "manage", "the", "gas", "price", "risk", "inherent", "in", "purchased", "power", "and", "fuel", "contracts", "." ]
[ "SPPC", "enters", "into", "certain", "hedging", "contracts", "with", "various", "counterparties", "to", "manage", "the", "gas", "price", "risk", "inherent", "in", "purchased", "power", "and", "fuel", "contracts", "." ]
[]
[ "SPPC", "enters" ]
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90144_12_item7_p295_s0
90144_11_item7_p184_s0
None of the Utilities financing agreements contains a cross-default provision that would result in an event of default by that Utility upon an event of default by NVE or the other Utility under any of their respective financing agreements.
None of the financing agreements of NPC contains a cross-default provision that would result in an event of default by NPC upon an event of default by NVE or SPPC under any of its financing agreements.
2
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[]
[ "NPC", "NPC", "SPPC" ]
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90144_12_item7_p413_s0
90144_11_item7_p184_s0
None of the Utilities financing agreements contains a cross-default provision that would result in an event of default by that Utility upon an event of default by NVE or the other Utility under any of their respective financing agreements.
None of the financing agreements of SPPC contains a cross-default provision that would result in an event of default by SPPC upon an event of default by NVE or NPC under any of its financing agreements.
2
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[]
[ "SPPC", "SPPC", "NPC" ]
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90144_12_item7_p295_s1
90144_11_item7_p184_s2
In addition, certain financing agreements of each of NVE and the Utilities provide for an event of default if there is a failure under other financing agreements of that entity to meet payment terms or to observe other covenants that would result in an acceleration of payments due.
In addition, certain financing agreements of NPC provide for an event of default if there is a failure under other financing agreements of NPC to meet payment terms or to observe other covenants that would result in an acceleration of payments due.
2
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[]
[ "NPC", "NPC" ]
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90144_12_item7_p413_s1
90144_11_item7_p184_s2
In addition, certain financing agreements of each of NVE and the Utilities provide for an event of default if there is a failure under other financing agreements of that entity to meet payment terms or to observe other covenants that would result in an acceleration of payments due.
In addition, certain financing agreements of SPPC provide for an event of default if there is a failure under other financing agreements of SPPC to meet payment terms or to observe other covenants that would result in an acceleration of payments due.
2
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[]
[ "SPPC", "SPPC" ]
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90144_12_item7_p295_s2
90144_11_item7_p184_s3
Most of these default provisions (other than ones relating to a failure to pay other indebtedness) provide for a cure period of 30-60 days from the occurrence of a specified event, during which time NVE or the Utilities may rectify or correct the situation before it becomes an event of default.
Most of these default provisions (other than ones relating to a failure to pay such other indebtedness when due) provide for a cure period of 30-60 days from the occurrence of a specified event during which time NPC may rectify or correct the situation before it becomes an event of default.
2
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[]
[ "due", "NPC" ]
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90144_12_item7_p413_s2
90144_11_item7_p184_s3
Most of these default provisions (other than ones relating to a failure to pay other indebtedness) provide for a cure period of 30-60 days from the occurrence of a specified event, during which time NVE or the Utilities may rectify or correct the situation before it becomes an event of default.
Most of these default provisions (other than ones relating to a failure to pay such other indebtedness when due) provide for a cure period of 30-60 days from the occurrence of a specified event during which time SPPC may rectify or correct the situation before it becomes an event of default.
2
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[]
[ "due", "SPPC" ]
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90144_12_item7_p296_s3
90144_11_item7_p185_s2
Details of NPC s operating results are further discussed below.
Details of SPPC s operating results are further discussed below.
2
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[ "Details", "of", "NPC", "s", "operating", "results", "are", "further", "discussed", "below", "." ]
[ "Details", "of", "SPPC", "s", "operating", "results", "are", "further", "discussed", "below", "." ]
[]
[ "SPPC" ]
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90144_12_item7_p297_s0
90144_11_item7_p186_s0
Gross margin is presented by NPC in order to provide information that management believes aids the reader in determining how profitable the electric business is at the most fundamental level.
Gross margin is presented by SPPC in order to provide information that management believes aids the reader in determining how profitable the electric business is at the most fundamental level.
2
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[]
[ "SPPC" ]
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90144_12_item7_p298_s0
90144_11_item7_p187_s0
NPC believes presenting gross margin allows the reader to assess the impact of NPC s regulatory treatment and its overall regulatory environment on a consistent basis.
SPPC believes presenting gross margin allows the reader to assess the impact of SPPC s regulatory treatment and its overall regulatory environment on a consistent basis.
2
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[]
[ "SPPC", "SPPC" ]
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90144_12_item7_p189_s2
90144_11_item7_p189_s0
Gross margin, which NPC calculates as operating revenues less energy costs, provides a measure of income available to support the other operating expenses of NPC.
Gross margin, which NPC calculates as operating revenues less energy costs and EEPR costs provides a measure of income available to support the other operating expenses of NPC.
2
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[ "Gross", "margin", ",", "which", "NPC", "calculates", "as", "operating", "revenues", "less", "energy", "costs", ",", "provides", "a", "measure", "of", "income", "available", "to", "support", "the", "other", "operating", "expenses", "of", "NPC", "." ]
[ "Gross", "margin", ",", "which", "NPC", "calculates", "as", "operating", "revenues", "less", "energy", "costs", "and", "EEPR", "costs", "provides", "a", "measure", "of", "income", "available", "to", "support", "the", "other", "operating", "expenses", "of", "NP...
[]
[ "EEPR" ]
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90144_12_item7_p300_s0
90144_11_item7_p189_s0
Gross margin, which NPC calculates as operating revenues less energy costs, provides a measure of income available to support the other operating expenses of NPC.
Gross margin, which SPPC calculates as operating revenues less energy costs and EEPR costs, provides a measure of income available to support the other operating expenses of SPPC.
2
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[]
[ "SPPC", "EEPR", "SPPC" ]
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90144_12_item7_p199_s1
90144_11_item7_p192_s1
Partially offsetting the increase in gross margin was a decrease in usage per customer due to conservation programs, economic conditions and hotter than normal weather in May 2009.
Also contributing to the decrease was a decrease in customer usage due to conservation programs, economic conditions and hotter than normal weather in May 2009.
2
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[]
[ "Also", "contributing" ]
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90144_12_item7_p196_s1
90144_11_item7_p195_s1
Also contributing to the decrease was a decrease in customer usage due to conservation programs, economic conditions and hotter than normal weather in May 2009.
Partially offsetting the increase in gross margin was a decrease in usage per customer due to conservation programs, economic conditions and hotter than normal weather in May 2009.
2
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90144_12_item7_p198_s2
90144_11_item7_p195_s2
These decreases were partially offset by increases in general rates as a result of NPC s 2008 GRC, effective July 1, 2009, (See Note 3, Regulatory Actions of the Notes to the Financial Statements) .
These decreases were partially offset by EEPR revenue, effective July 1, 2011 (See Note 3, Regulatory Actions of the Notes to the Financial Statements).
2
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90144_12_item7_p319_s1
90144_11_item7_p199_s1
Energy costs are dependent upon several factors which may vary by season or period.
These costs are dependent upon many factors which may vary by season or period.
2
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90144_12_item7_p133_s4
90144_11_item7_p206_s4
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further detail of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for more details of over-collected balances.
2
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90144_12_item7_p190_s2
90144_11_item7_p206_s4
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further detail of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for conservation program amount details.
2
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90144_12_item7_p239_s3
90144_11_item7_p206_s4
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further detail of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for more details of over-collected balances.
2
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90144_12_item7_p301_s2
90144_11_item7_p206_s4
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further detail of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for conservation program amount details.
2
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90144_12_item7_p357_s3
90144_11_item7_p206_s4
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further detail of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for more details of over-collected balances.
2
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90144_12_item7_p217_s2
90144_11_item7_p210_s1
This increase was partially offset by planned maintenance outages that occurred in 2009 at the Reid Gardner and Clark Generating Stations.
This decrease was partially offset by planned maintenance outages that occurred in 2011 at the Reid Gardner and Harry Allen Generating Stations.
2
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90144_12_item7_p222_s2
90144_11_item7_p214_s2
See Note 6, Long Te rm Debt , for further discussion.
See Note 6, Long-Term Debt , for further discussion.
2
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90144_12_item7_p223_s2
90144_11_item7_p217_s1
See Note 3, Regulatory Actions , for further details of deferred energy balances.
See Note 3, Regulatory Actions , for further details of deferred energy balances and discussion of the deferred rate increase under NPC s 2008 GRC.
2
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90144_12_item7_p133_s4
90144_11_item7_p218_s1
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further details of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for more details of over-collected balances.
2
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90144_12_item7_p190_s2
90144_11_item7_p218_s1
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further details of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for conservation program amount details.
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90144_12_item7_p239_s3
90144_11_item7_p218_s1
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further details of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for more details of over-collected balances.
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90144_12_item7_p301_s2
90144_11_item7_p218_s1
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further details of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for conservation program amount details.
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90144_12_item7_p357_s3
90144_11_item7_p218_s1
See Note 3, Regulatory Actions , of the Notes to Financial Statements for further details of deferred energy balances.
See Note 3, Regulatory Actions , of the Notes to Financial Statements for more details of over-collected balances.
2
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[]
[ "collected" ]
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90144_12_item7_p228_s0
90144_11_item7_p222_s0
Other income increased for the year ended December 31, 2009 compared to the same period in 2008 due to the settlement of outstanding legal matters associated with the Natural Gas Provider case, as discussed further in Note 13, Commitments and Contingencies in the Notes to Financial Statements, and interest received on ...
Other income decreased for the year ended December 31, 2010, compared to the same period in 2009, due to favorable settlement of outstanding legal matters in 2009 associated with the Natural Gas Provider case, as discussed further in Note 13, Commitments and Contingencies, in the Notes to Financial Statements.
2
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[ "Other", "income", "increased", "for", "the", "year", "ended", "December", "31", ",", "2009", "compared", "to", "the", "same", "period", "in", "2008", "due", "to", "the", "settlement", "of", "outstanding", "legal", "matters", "associated", "with", "the", "Na...
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[]
[ "decreased", "favorable" ]
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90144_12_item7_p129_s0
90144_11_item7_p225_s0
NPC s cash flows increased during 2010 compared to 2009 due to an increase in cash from operating activities and a reduction in cash used for investing activities, partially offset by a decrease in cash from financing activities.
NVE s cash flows increased during 2010 compared to 2009 due to an increase in cash from operating activities and a decrease in cash used by investing activities, offset by a decrease in cash from financing activities.
2
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[ "NPC", "s", "cash", "flows", "increased", "during", "2010", "compared", "to", "2009", "due", "to", "an", "increase", "in", "cash", "from", "operating", "activities", "and", "a", "reduction", "in", "cash", "used", "for", "investing", "activities", ",", "parti...
[ "NVE", "s", "cash", "flows", "increased", "during", "2010", "compared", "to", "2009", "due", "to", "an", "increase", "in", "cash", "from", "operating", "activities", "and", "a", "decrease", "in", "cash", "used", "by", "investing", "activities", ",", "offset"...
[]
[ "NVE" ]
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90144_12_item7_p353_s0
90144_11_item7_p225_s0
NPC s cash flows increased during 2010 compared to 2009 due to an increase in cash from operating activities and a reduction in cash used for investing activities, partially offset by a decrease in cash from financing activities.
SPPC s cash flows increased during 2010 compared to 2009 due to a reduction in cash used by investing activities offset by a decrease in cash from operating activities and a decrease in cash from financing activities.
2
[ "<tag1>", "NPC", "s", "cash", "flows", "increased", "during", "2010", "compared", "to", "2009", "due", "to", "an", "increase", "in", "cash", "from", "operating", "activities", "and", "a", "reduction", "in", "cash", "used", "for", "investing", "activities", "...
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[]
[ "SPPC" ]
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90144_12_item7_p357_s0
90144_11_item7_p229_s0
NPC s primary source of operating cash flows is electric revenues, including the recovery of previously deferred energy costs.
SPPC s primary source of operating cash flows is electric and natural gas revenues, including the recovery of previously deferred energy costs.
2
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[ "NPC", "s", "primary", "source", "of", "operating", "cash", "flows", "is", "electric", "revenues", ",", "including", "the", "recovery", "of", "previously", "deferred", "energy", "costs", "." ]
[ "SPPC", "s", "primary", "source", "of", "operating", "cash", "flows", "is", "electric", "and", "natural", "gas", "revenues", ",", "including", "the", "recovery", "of", "previously", "deferred", "energy", "costs", "." ]
[]
[ "SPPC", "natural", "gas" ]
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90144_12_item7_p136_s0
90144_11_item7_p233_s0
NPC attempts to maintain its cash and cash equivalents in highly liquid investments, such as U.S. Treasury Bills and bank deposits.
NVE and the Utilities attempt to maintain their cash and cash equivalents in highly liquid investments, such as U.S. Treasury Bills and bank deposits.
2
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[]
[ "NVE", "Utilities", "attempt" ]
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90144_12_item7_p362_s0
90144_11_item7_p233_s0
NPC attempts to maintain its cash and cash equivalents in highly liquid investments, such as U.S. Treasury Bills and bank deposits.
SPPC attempts to maintain its cash and cash equivalents in highly liquid investments, such as U.S. Treasury Bills and bank deposits.
2
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[ "SPPC", "attempts", "to", "maintain", "its", "cash", "and", "cash", "equivalents", "in", "highly", "liquid", "investments", ",", "such", "as", "U.S.", "Treasury", "Bills", "and", "bank", "deposits", "." ]
[]
[ "SPPC" ]
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90144_12_item7_p362_s1
90144_11_item7_p233_s1
In addition to cash on hand, NPC may use its revolving credit facility in order to meet its liquidity needs.
In addition to cash on hand, SPPC may use its revolving credit facility in order to meet its liquidity needs.
2
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[]
[ "SPPC" ]
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90144_12_item7_p136_s2
90144_11_item7_p233_s2
Alternatively, depending on the usage of the revolving credit facility, NPC may issue debt, subject to certain restrictions as discussed in Factors Affecting Liquidity , Ability to Issue Debt , below.
Alternatively, depending on the usage of their revolving credit facilities, the Utilities may issue debt, subject to certain restrictions as discussed in Factors Affecting Liquidity , Ability to Issue Debt , below.
2
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[]
[ "facilities", "Utilities" ]
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90144_12_item7_p362_s2
90144_11_item7_p233_s2
Alternatively, depending on the usage of the revolving credit facility, NPC may issue debt, subject to certain restrictions as discussed in Factors Affecting Liquidity , Ability to Issue Debt , below.
Alternatively, depending on the usage of the revolving credit facility, SPPC may issue debt, subject to certain restrictions as discussed in Factors Affecting Liquidity , Ability to Issue Debt, below.
2
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[]
[ "SPPC" ]
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90144_12_item7_p364_s0
90144_11_item7_p234_s2
As of February 23, 2011, NPC has no borrowings on its revolving credit facility, not including letters of credit.
As of February 22, 2012, SPPC has no borrowings on its revolving credit facility, not including letters of credit.
2
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[ "As", "of", "February", "23", ",", "2011", ",", "NPC", "has", "no", "borrowings", "on", "its", "revolving", "credit", "facility", ",", "not", "including", "letters", "of", "credit", "." ]
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[]
[ "SPPC" ]
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90144_12_item7_p138_s0
90144_11_item7_p235_s0
NPC anticipates that it will be able to meet short-term operating costs, such as fuel and purchased power costs, with internally generated funds, including recovery of deferred energy, and the use of its revolving credit facility.
NVE and the Utilities anticipate that they will be able to meet short-term operating costs, such as fuel and purchased power costs, with internally generated funds, including the recovery of deferred energy, and the use of their revolving credit facilities.
2
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[ "NPC", "anticipates", "that", "it", "will", "be", "able", "to", "meet", "short", "-", "term", "operating", "costs", ",", "such", "as", "fuel", "and", "purchased", "power", "costs", ",", "with", "internally", "generated", "funds", ",", "including", "recovery"...
[ "NVE", "and", "the", "Utilities", "anticipate", "that", "they", "will", "be", "able", "to", "meet", "short", "-", "term", "operating", "costs", ",", "such", "as", "fuel", "and", "purchased", "power", "costs", ",", "with", "internally", "generated", "funds", ...
[]
[ "NVE", "Utilities", "anticipate", "facilities" ]
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90144_12_item7_p365_s0
90144_11_item7_p235_s0
NPC anticipates that it will be able to meet short-term operating costs, such as fuel and purchased power costs, with internally generated funds, including recovery of deferred energy, and the use of its revolving credit facility.
SPPC anticipates that it will be able to meet short-term operating costs, such as fuel and purchased power costs, with internally generated funds, including the recovery of deferred energy and the use of its revolving credit facility.
2
[ "<tag1>", "NPC", "anticipates", "that", "it", "will", "be", "able", "to", "meet", "short", "-", "term", "operating", "costs", ",", "such", "as", "fuel", "and", "purchased", "power", "costs", ",", "with", "internally", "generated", "funds", ",", "including", ...
[ "NPC", "anticipates", "that", "it", "will", "be", "able", "to", "meet", "short", "-", "term", "operating", "costs", ",", "such", "as", "fuel", "and", "purchased", "power", "costs", ",", "with", "internally", "generated", "funds", ",", "including", "recovery"...
[ "SPPC", "anticipates", "that", "it", "will", "be", "able", "to", "meet", "short", "-", "term", "operating", "costs", ",", "such", "as", "fuel", "and", "purchased", "power", "costs", ",", "with", "internally", "generated", "funds", ",", "including", "the", ...
[]
[ "SPPC" ]
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90144_12_item7_p365_s1
90144_11_item7_p235_s1
Furthermore, in order to fund long term capital requirements and maturing debt obligations, NPC will use a combination of internally generated funds, its revolving credit facility, the issuance of long-term debt and/or capital contributions from NVE.
Furthermore, in order to fund long-term capital requirements and maturing debt obligations, SPPC will use a combination of internally generated funds, its revolving credit facility, the issuance of long-term debt and/or capital contributions from NVE.
2
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[]
[ "SPPC" ]
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90144_12_item7_p138_s2
90144_11_item7_p235_s2
However, if energy costs rise at a rapid rate and NPC does not recover the cost of fuel and purchased power in a timely manner, if operating costs are not recovered in a timely manner or NPC were to experience a credit rating downgrade resulting in the posting of collateral as discussed below under Gas Supplier Matters...
However, if energy costs rise at a rapid rate and the Utilities do not recover the cost of fuel, purchased power and operating costs in a timely manner or the Utilities were to experience a credit rating downgrade resulting in the posting of collateral as discussed below under Gas Supplier Matters and Financial Gas Hed...
2
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[]
[ "Utilities", "Utilities", "Utilities" ]
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90144_12_item7_p365_s2
90144_11_item7_p235_s2
However, if energy costs rise at a rapid rate and NPC does not recover the cost of fuel and purchased power in a timely manner, if operating costs are not recovered in a timely manner or NPC were to experience a credit rating downgrade resulting in the posting of collateral as discussed below under Gas Supplier Matters...
However, if energy costs rise at a rapid rate and SPPC does not recover the cost of fuel and purchased power in a timely manner, if operating costs are not recovered in a timely manner or SPPC were to experience a credit rating downgrade resulting in the posting of collateral as discussed below under Gas Supplier Matte...
2
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[]
[ "SPPC", "SPPC", "SPPC" ]
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90144_12_item7_p366_s0
90144_11_item7_p235_s3
In order to maintain sufficient liquidity, NPC may be required to further delay capital expenditures, re-finance debt or obtain funding through an equity issuance by NVE.
maintain sufficient liquidity, SPPC may be required to further delay capital expenditures, refinance debt or obtain funding through an equity issuance by NVE.
2
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[]
[ "SPPC", "refinance" ]
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90144_12_item7_p139_s0
90144_11_item7_p237_s0
In 2010, NPC s credit ratings on its senior secured debt remained at investment grade (see Credit Ratings below).
In 2011, the Utilities credit ratings on their senior secured debt remained at investment grade (see Credit Ratings below).
2
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[]
[ "Utilities" ]
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90144_12_item7_p368_s0
90144_11_item7_p237_s0
In 2010, NPC s credit ratings on its senior secured debt remained at investment grade (see Credit Ratings below).
In 2011, SPPC s credit ratings on its senior secured debt remained at investment grade (see Credit Ratings below).
2
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[]
[ "SPPC" ]
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90144_12_item7_p139_s2
90144_11_item7_p237_s2
However, disruptions in the banking and capital markets not specifically related to NPC may affect its ability to access funding sources or cause an increase in the interest rates paid on newly issued debt.
However, disruptions in the banking and capital markets not specifically related to NVE or the Utilities may affect their ability to access funding sources or cause an increase in the interest rates paid on newly issued debt.
2
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[]
[ "NVE", "Utilities" ]
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90144_12_item7_p368_s2
90144_11_item7_p237_s2
However, disruptions in the banking and capital markets not specifically related to NPC may affect its ability to access funding sources or cause an increase in the interest rates paid on newly issued debt.
However, disruptions in the banking and capital markets not specifically related to SPPC may affect its ability to access funding sources or cause an increase in the interest rates paid on newly issued debt.
2
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[ "However", ",", "disruptions", "in", "the", "banking", "and", "capital", "markets", "not", "specifically", "related", "to", "NPC", "may", "affect", "its", "ability", "to", "access", "funding", "sources", "or", "cause", "an", "increase", "in", "the", "interest"...
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[]
[ "SPPC" ]
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90144_12_item7_p141_s0
90144_11_item7_p239_s0
NPC designs operating and capital budgets to control operating costs and capital expenditures.
NVE designs operating and capital budgets to control operating costs and capital expenditures.
2
[ "<tag1>", "NPC", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", "capital", "expenditures", ".", "<tag2>", "NVE", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", ...
[ "NPC", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", "capital", "expenditures", "." ]
[ "NVE", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", "capital", "expenditures", "." ]
[]
[ "NVE" ]
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90144_12_item7_p370_s0
90144_11_item7_p239_s0
NPC designs operating and capital budgets to control operating costs and capital expenditures.
SPPC designs operating and capital budgets to control operating costs and capital expenditures.
2
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[ "NPC", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", "capital", "expenditures", "." ]
[ "SPPC", "designs", "operating", "and", "capital", "budgets", "to", "control", "operating", "costs", "and", "capital", "expenditures", "." ]
[]
[ "SPPC" ]
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90144_12_item7_p141_s1
90144_11_item7_p239_s1
In addition to operating expenses, NPC has continuing commitments for capital expenditures for construction, improvement and maintenance of facilities.
In addition to operating expenses, NVE has continuing commitments for capital expenditures for construction, improvement and maintenance of facilities.
2
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[]
[ "NVE" ]
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90144_12_item7_p370_s1
90144_11_item7_p239_s1
In addition to operating expenses, NPC has continuing commitments for capital expenditures for construction, improvement and maintenance of facilities.
In addition to operating expenses, SPPC has continuing commitments for capital expenditures for construction, improvement and maintenance of facilities.
2
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[]
[ "SPPC" ]
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90144_12_item7_p371_s0
90144_11_item7_p240_s0
Detailed below are NPC s Capital Structure, Capital Requirements, recently completed Financing Transactions and Factors Affecting Liquidity, including our ability to obtain debt on favorable terms.
Detailed below are SPPC s Capital Structure, Capital Requirements, recently completed Financing Transactions and Factors Affecting Liquidity, including its ability to obtain debt on favorable terms.
2
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[]
[ "SPPC" ]
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90144_12_item7_p143_s0
90144_11_item7_p241_s0
NPC s actual consolidated capital structure was as follows at December 31 (dollars in thousands):
NVE s actual capital structure on a consolidated basis was as follows at December 31 (dollars in thousands):
2
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[ "NPC", "s", "actual", "consolidated", "capital", "structure", "was", "as", "follows", "at", "December", "31", "(", "dollars", "in", "thousands", "):" ]
[ "NVE", "s", "actual", "capital", "structure", "on", "a", "consolidated", "basis", "was", "as", "follows", "at", "December", "31", "(", "dollars", "in", "thousands", "):" ]
[]
[ "NVE", "basis" ]
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90144_12_item7_p372_s0
90144_11_item7_p241_s0
NPC s actual consolidated capital structure was as follows at December 31 (dollars in thousands):
SPPC s actual consolidated capital structure was as follows at December 31 (dollars in thousands):
2
[ "<tag1>", "NPC", "s", "actual", "consolidated", "capital", "structure", "was", "as", "follows", "at", "December", "31", "(", "dollars", "in", "thousands", "):", "<tag2>", "SPPC", "s", "actual", "consolidated", "capital", "structure", "was", "as", "follows", "a...
[ "NPC", "s", "actual", "consolidated", "capital", "structure", "was", "as", "follows", "at", "December", "31", "(", "dollars", "in", "thousands", "):" ]
[ "SPPC", "s", "actual", "consolidated", "capital", "structure", "was", "as", "follows", "at", "December", "31", "(", "dollars", "in", "thousands", "):" ]
[]
[ "SPPC" ]
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90144_12_item7_p147_s0
90144_11_item7_p243_s0
The table below provides NPC s consolidated contractual obligations, as of December 31, 2010, that NPC expects to satisfy through a combination of internally generated cash and, as necessary, through the issuance of short-term and long-term debt.
The table below provides NVE s contractual obligations on a consolidated basis, as of December 31, 2011, (except as otherwise indicated) that NVE expects to satisfy through a combination of internally generated cash and, as necessary, through the issuance of short-term and long-term debt.
2
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[]
[ "NVE", "basis", "except", "otherwise", "indicated", "NVE" ]
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90144_12_item7_p374_s0
90144_11_item7_p243_s0
The table below provides NPC s consolidated contractual obligations, as of December 31, 2010, that NPC expects to satisfy through a combination of internally generated cash and, as necessary, through the issuance of short-term and long-term debt.
The table below provides SPPC s consolidated contractual obligations, as of December 31, 2011, that SPPC expects to satisfy through a combination of internally generated cash and, as necessary, through the issuance of short-term and long-term debt.
2
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[]
[ "SPPC", "SPPC" ]
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90144_12_item7_p148_s0
90144_11_item7_p244_s0
Certain contracts contain variable factors which required NPC to estimate the obligation depending on the final variable amount.
Certain contracts contain variable factors which required NVE to estimate the obligation depending on the final variable amount.
2
[ "<tag1>", "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NPC", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", ".", "<tag2>", "Certain", "contracts", "contain", "variable", "factors", ...
[ "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NPC", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", "." ]
[ "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NVE", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", "." ]
[]
[ "NVE" ]
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90144_12_item7_p375_s0
90144_11_item7_p244_s0
Certain contracts contain variable factors which required NPC to estimate the obligation depending on the final variable amount.
Certain contracts contain variable factors which required SPPC to estimate the obligation depending on the final variable amount.
2
[ "<tag1>", "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NPC", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", ".", "<tag2>", "Certain", "contracts", "contain", "variable", "factors", ...
[ "Certain", "contracts", "contain", "variable", "factors", "which", "required", "NPC", "to", "estimate", "the", "obligation", "depending", "on", "the", "final", "variable", "amount", "." ]
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[]
[ "SPPC" ]
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90144_12_item7_p148_s2
90144_11_item7_p245_s1
Additionally, at December 31, 2010, NPC has recorded an uncertain tax liability of $25.5 million as required by the accounting guidance for Uncertainty in Income Taxes Topic of the FASC, all of which is classified as non-current.
Additionally, at December 31, 2011, NVE has recorded an uncertain tax liability of $34.1 million in accordance with the accounting guidance for Uncertainty in Income Taxes Topic of the FASC all of which is classified as non-current.
2
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[]
[ "NVE", "34.1", "accordance" ]
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90144_12_item7_p375_s2
90144_11_item7_p245_s1
Additionally, at December 31, 2010, NPC has recorded an uncertain tax liability of $25.5 million as required by the accounting guidance for Uncertainty in Income Taxes Topic of the FASC, all of which is classified as non-current.
Additionally, at December 31, 2011, SPPC recorded an uncertain tax liability of $9.8 million as required by the accounting guidance for Uncertainty in Income Taxes Topic of the FASC, all of which is classified as non-current.
2
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[ "Additionally", ",", "at", "December", "31", ",", "2010", ",", "NPC", "has", "recorded", "an", "uncertain", "tax", "liability", "of", "$", "25.5", "million", "as", "required", "by", "the", "accounting", "guidance", "for", "Uncertainty", "in", "Income", "Taxe...
[ "Additionally", ",", "at", "December", "31", ",", "2011", ",", "SPPC", "recorded", "an", "uncertain", "tax", "liability", "of", "$", "9.8", "million", "as", "required", "by", "the", "accounting", "guidance", "for", "Uncertainty", "in", "Income", "Taxes", "To...
[]
[ "SPPC", "9.8" ]
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90144_12_item7_p148_s3
90144_11_item7_p245_s2
NPC is unable to make a reasonably reliable estimate of the period of cash payments to relevant tax authorities; consequently, none of the uncertain tax liability is included in the contractual obligations table below (dollars in thousands):
NVE is unable to make a reasonably reliable estimate of the period of cash payments to relevant tax authorities; consequently, none of the uncertain tax liability is included in the contractual obligations table below (dollars in millions):
2
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[]
[ "NVE", "millions" ]
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