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LONG-TERM DEBT
 6 Months Ended
Jun. 30, 2013
Debt Disclosure [Abstract]  
Long-term Debt [Text Block]

NOTE 5.       LONG-TERM DEBT

NVE's, NPC's and SPPC's long-term debt consists of the following (dollars in thousands):

        June 30, December 31,
        2013 2012
Long-Term Debt:Stated Rate  Maturity Date Consolidated NVE Holding Co. NPC SPPC Consolidated NVE Holding Co. NPC SPPC
Secured Debt                            
 General and Refunding Mortgage Securities                            
  NPC Series L5.875% 2015 $250,000 $0 $250,000 $0 $250,000 $0 $250,000 $0
  NPC Series M5.950% 2016  210,000  0  210,000  0  210,000  0  210,000  0
  NPC Series N6.650% 2036  370,000  0  370,000  0  370,000  0  370,000  0
  NPC Series O 6.500% 2018  325,000  0  325,000  0  325,000  0  325,000  0
  NPC Series R 6.750% 2037  350,000  0  350,000  0  350,000  0  350,000  0
  NPC Series S 6.500% 2018  500,000  0  500,000  0  500,000  0  500,000  0
  NPC Series U7.375% 2014  125,000  0  125,000  0  125,000  0  125,000  0
  NPC Series V7.125% 2019  500,000  0  500,000  0  500,000  0  500,000  0
  NPC Series X 5.375% 2040  250,000  0  250,000  0  250,000  0  250,000  0
  NPC Series Y 5.450% 2041  250,000  0  250,000  0  250,000  0  250,000  0
  SPPC Series M6.000% 2016  450,000  0  0  450,000  450,000  0  0  450,000
  SPPC Series P6.750% 2037  251,742  0  0  251,742  251,742  0  0  251,742
  SPPC Series Q 5.450% 2013  250,000  0  0  250,000  250,000  0  0  250,000
                               
 Variable Rate Debt (Secured                            
 by General and Refunding                           
 Mortgage Securities)                           
  NPC IDRB Series 2000A   2020  98,100  0  98,100  0  98,100  0  98,100  0
  NPC PCRB Series 2006   2036  37,700  0  37,700  0  37,700  0  37,700  0
  NPC PCRB Series 2006A   2032  37,975  0  37,975  0  37,975  0  37,975  0
  SPPC PCRB Series 2006A   2031  58,200  0  0  58,200  58,200  0  0  58,200
  SPPC PCRB Series 2006B   2036  75,000  0  0  75,000  75,000  0  0  75,000
  SPPC PCRB Series 2006C   2036  81,475  0  0  81,475  81,475  0  0  81,475
                               
Senior Notes                            
  NVE Senior Notes 6.250% 2020  315,000  315,000   -   -  315,000  315,000   -   -
  NVE Term Loan2.560% 2014  195,000  195,000   -   -  195,000  195,000   -   -
                               
Obligations under capital leases  42,154   -  40,233  1,921  44,258   -  42,908  1,350
Unamortized bond premium and discount, net  1,405   -  (9,329)  10,734  1,631   -  (9,827)  11,458
Current maturities   (480,018)   -  (229,743)  (250,275)  (356,283)   -  (106,048)  (250,235)
Total Long-Term Debt $4,543,733 $510,000 $3,104,936 $928,797 $4,669,798 $510,000 $3,230,808 $928,990

Substantially all utility plant is subject to the liens of the NPC Indenture and the SPPC Indenture under which their respective General and Refunding Mortgage bonds are issued.

 

Nevada Power Company

 

Notice of Redemption

 

       On July 26, 2013, NPC issued a notice of redemption to the bondholders for its $100 million Clark County Industrial Development Refunding Revenue Bonds, Series 2000A. NPC intends to redeem the aggregate principal amount outstanding of $98.1 million on August 21, 2013 at 100% of the principal amount plus accrued interest. NPC intends to fund such redemption with the use of cash on hand