EXHIBIT 12.2

NEVADA POWER COMPANY

RATIOS OF EARNINGS TO FIXED CHARGES

(Dollars in Thousands)

	Year Ended December 31,
	2009		2008			2007			2006			2005
EARNINGS AS DEFINED:
Income From Continuing Operations
After Interest Charges	$	134,284	$	151,431		$	165,694		$	224,540		$	132,734
Income Taxes		61,652		71,382			78,352			117,510			63,995
Income From Continuing Operations
before Income Taxes		195,936		222,813			244,046			342,050			196,729
Fixed Charges		247,290		210,067			190,836			190,333			159,776
Capitalized Interest (AFUDC-debt)		(17,184		(20,063	)		(13,196	)		(11,614	)		(23,187	)
Total	$	426,042	$	412,817		$	421,686		$	520,769		$	333,318
FIXED CHARGES AS DEFINED:
Interest Expensed and Capitalized (1)	$	247,290	$	210,067		$	190,836		$	190,333		$	159,776
Total	$	247,290	$	210,067		$	190,836		$	190,333		$	159,776
RATIO OF EARNINGS TO FIXED CHARGES		1.72		1.97			2.21			2.74			2.09

(1) Includes amortization of premiums, discounts, and capitalized debt expense and interest component of rent expense.

For the purpose of calculating the ratios of earnings to fixed charges, “Fixed charges” represent the aggregate of interest charges on short-term and long-term debt (whether expensed or capitalized) and the portion of rental expense deemed attributable to interest.  “Earnings” represents pre-tax income from continuing operations plus fixed charges (excluding capitalized interest).