UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) ~~of the Securities Exchange Act of 1934~~

~~May~~of ~~25,~~the ~~2017~~Securities ~~(May~~Exchange ~~23,~~Act ~~2017)~~of 1934

April 11, 2018 (April 9, 2018)

Date of Report (Date of earliest event reported)

Commission	Exact name of registrant as specified in its charter;	IRS Employer
Commission File Number	Exact name of registrant as specified in its charter; State or other jurisdiction of incorporation or organization	IRS Employer Identification No.
File Number	State or other jurisdiction of incorporation or organization	Identification No.
000-52378	NEVADA POWER COMPANY (A Nevada Corporation) 6226 West Sahara Avenue Las Vegas, Nevada 89146	88-0420104
000-52378	NEVADA POWER COMPANY	88-0420104
	(A Nevada Corporation)
	6226 West Sahara Avenue
	Las Vegas, Nevada 89146
	702-402-5000
N/A
(Former name, former address and former fiscal year, if changed since last report)

(702) 402-5000

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 28.~~03 Creation~~01 ofOther ~~a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant~~Events.

On April 9, 2018, Nevada Power Company (the “Company”), a wholly-owned subsidiary of NV Energy, Inc., an indirect wholly-owned subsidiary of Berkshire Hathaway Energy Company, entered into an Underwriting Agreement between the Company and the underwriters named therein regarding the issuance and sale of $575 million of the Company’s 2.75% General and Refunding Mortgage Notes, Series BB, ~~2017~~due ~~Bonds~~2020 (the “Notes”). The Underwriting Agreement contains certain customary representations, warranties and covenants concerning the Company and the registration statement relating to the offering of the Notes. In addition, the Company has agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. The Company expects the transaction to close on April 12, 2018, subject to the satisfaction of customary closing conditions, as further described in the Underwriting Agreement.

OnThe ~~May~~Company ~~23,~~will ~~2017,~~pay ~~Nevada~~interest ~~Power~~on ~~Company (~~the ~~“Company”),~~Notes aApril 15 ~~wholly-owned~~and ~~subsidiary~~October 15 of NVeach ~~Energy~~year, ~~Inc~~beginning on October 15, 2018. The Notes, anwhich ~~indirect~~will ~~wholly-owned~~be ~~subsidiary~~issued ofunder ~~Berkshire~~and ~~Hathaway~~secured ~~Energy~~by ~~Company,~~the ~~entered~~General ~~into~~and aRefunding ~~Financing~~Mortgage ~~Agreement~~Indenture, dated as of May 1, ~~2017~~2001, byas ~~and~~amended ~~between Clark County, Nevada (the "Clark Issuer")~~ and ~~the~~supplemented ~~Company~~ (the ~~"Series~~‘‘G&R ~~2017 Financing Agreement"~~Indenture’’) ~~whereby the Clark Issuer loaned the proceeds from the issuance of~~, onbetween ~~behalf of~~ the Company, ~~$39,500,000~~and ofThe ~~its~~Bank ~~Pollution~~of ~~Control~~New ~~Refunding~~York ~~Revenue~~Mellon ~~Bonds~~Trust ~~(Nevada Power~~ Company ~~Project) Series 2017~~, ~~due 2036 (the “Series 2017 Bonds”) pursuant to an Indenture of Trust dated as of May 1, 2017 between the Clark Issuer and U~~N.SA. ~~Bank National Association~~, as Trustee, ~~(the~~will ~~"Series~~mature ~~2017~~on ~~Indenture")~~April 15, 2020. ~~Under~~The ~~the~~Company ~~Series~~intends ~~2017~~to ~~Financing~~use ~~Agreement,~~ the ~~Company~~net ~~will~~proceeds ~~pay~~from the ~~principal~~sale ~~(or~~of ~~redemption price) and~~ the ~~interest~~Notes ~~and~~to ~~premium,~~repay ~~if any, coming due on~~ the ~~Series~~Company’s ~~2017~~$325 ~~Bonds.~~million ~~The Series 2017 Bonds will initially bear interest at a term rate of 1~~6.6050% ~~and~~General ~~be payable on June 1~~ and ~~December~~Refunding 1Mortgage ~~each~~Notes, ~~year~~Series O, ~~commencing~~maturing ~~December~~in 1May 2018, ~~2017. The Series 2017 Bonds are subject~~ to ~~mandatory~~repay ~~purchase~~a byportion of the Company’s on$500 ~~May~~million ~~21,~~6.50% ~~2020,~~General and onRefunding ~~and~~Mortgage ~~after the purchase date~~Notes, ~~the interest rate on the~~ Series S, ~~2017~~maturing ~~Bonds~~in ~~may~~August 2018, beand ~~adjusted~~for ~~from~~general ~~time~~corporate ~~to time as described in the Series 2017 Indenture~~purposes.

~~The~~At ~~proceeds~~any ~~from~~time prior to April 15, 2020, the ~~Series~~Company ~~2017~~may ~~Bonds~~redeem ~~were~~the ~~used~~Notes toat ~~refund~~its ~~$39~~option,~~500~~ in whole at any time or in part from time to time,~~000~~ at a redemption price equal to the greater of (a) 100% of the ~~Clark~~principal ~~Issuer’s~~amount ~~Pollution~~of ~~Control~~the ~~Refunding~~Notes ~~Revenue~~being ~~Bonds~~redeemed and (~~Nevada~~b) the ~~Power~~sum ~~Company~~of ~~Project)~~the ~~Series~~present ~~2006,~~values ~~previously~~of ~~issued~~the byremaining scheduled payments of principal and interest on the ~~Clark~~Notes ~~Issuer~~being redeemed (excluding the portion of any such interest accrued to the date of redemption) discounted to the redemption date on ~~behalf~~a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the ~~Company~~Treasury Rate (as defined in the Officer’s Certificate) plus 10 basis points, plus, in each case, accrued interest thereon to the date of redemption.

The ~~Company~~foregoing ~~issued~~discussion ~~its General and Refunding Mortgage Notes, Series AA, No. AA-1 in the amount~~ of ~~$39,500,000 (~~the ~~“Series AA-1~~ Notes”) ~~pursuant~~is toqualified ~~the~~in ~~General~~its ~~and~~entirety ~~Refunding~~by ~~Mortgage~~reference ~~Indenture, dated as of May 1, 2001, as amended and supplemented~~ to the ~~date~~Officer’s ~~hereof,~~Certificate ~~between~~establishing the ~~Company~~terms ~~and The Bank~~ of ~~New~~the ~~York~~Notes ~~Mellon~~under ~~Trust Company, N.A., as Trustee (~~the ‘‘G&R Indenture~~’’)~~, toa ~~provide~~copy ~~collateral security for its obligations under the Series 2017 Financing Agreement. The obligations~~ of ~~the~~which ~~Company~~is toattached ~~make~~hereto ~~any~~as ~~payment of the principal and interest on any Series AA-~~Exhibit 4.1 ~~Notes shall be fully or partially, as the case may be, deemed to have been paid or otherwise satisfied~~ and ~~discharged~~incorporated tointo ~~the~~this ~~extent~~Item ~~that~~8.01 ~~the~~by ~~Company has made a payment (or otherwise funded a payment) as provided in the Series 2017 Financing Agreement, in respect of the principal and interest of the Series 2017 Bonds~~reference.

~~The~~Item foregoing discussion of the Series 2017 Financing Agreement and the Series AA-1 Notes is qualified in its entirety by reference to the Series 2017 Financing Agreement and the Officer's Certificate establishing the terms of the Series AA-1 Notes under the G&R Indenture, copies of which are attached hereto as Exhibit 49.101 ~~and~~Financial ~~Exhibit~~Statements ~~4.3, respectively,~~ and ~~incorporated into this Item 2.03 by reference.~~Exhibits

~~Series 2017AB Bonds~~(d) Exhibits

On May 23, 2017, the Company entered into a Financing Agreement, dated as of May 1, 2017, by and between the Coconino County, Arizona Pollution Control Corporation (the “Coconino Issuer”) and the Company (the "Series 2017AB Financing Agreement") whereby the Coconino Issuer loaned the proceeds from the issuance of, on behalf of the Company, $40,000,000 of its Pollution Control Refunding Revenue Bonds (Nevada Power Company Project) Series 2017A, due 2032 (the “Series 2017A Bonds”) and $13,000,000 of its Pollution Control Refunding Revenue Bonds (Nevada Power Company Project) Series 2017B, due 2039 (the “Series 2017B Bonds”) (collectively, the "Series 2017AB Bonds") pursuant to an Indenture of Trust dated as of May 1, 2017 between the Coconino Issuer and U.S. Bank National Association, as Trustee (the "Series 2017AB Indenture"). Under the Series 2017AB Financing Agreement, the Company will pay the principal (or redemption price) and the interest and premium, if any, coming due on the Series 2017AB Bonds. The Series 2017A Bonds and Series 2017B Bonds will initially bear interest at a term rate of 1.80% and 1.60%, respectively, and be payable on June 1 and December 1 each year, commencing December 1, 2017. The Series 2017AB Bonds are subject to mandatory purchase by the Company on May 21, 2020, and on and after the purchase date, the interest rate on the Series 2017AB Bonds may be adjusted from time to time as described in the Series 2017AB Indenture.

Exhibit		Description

1.1		Underwriting Agreement, dated April 9, 2018, between the Company and the underwriters named therein

4.1		Form of Officer’s Certificate establishing the terms of the Company’s 2.75% General and Refunding Mortgage Notes, Series BB, Due 2020

5.1		Opinion of Perkins Coie LLP

5.2		Opinion of Hutchison & Steffen, PLLC

25.1		Statement of Eligibility on Form T-1 under the Trust Indenture Act of 1939 of The Bank of New York Mellon Trust Company, N.A., as Trustee, under the General and Refunding Mortgage Indenture, dated as of May 1, 2001, between the Company and The Bank of New York Mellon Trust Company, N.A.

The proceeds from the Series 2017AB Bonds were used to refund $40,000,000 of the Coconino Issuer’s Pollution Control Refunding Revenue Bonds (Nevada Power Company Project) Series 2006A, and $13,000,000 of the Coconino Issuer’s Pollution Control Refunding Revenue Bonds (Nevada Power Company Project) Series 2006B, each previously issued by the Coconino Issuer on behalf of the Company.2

The Company issued its General and Refunding Mortgage Notes, Series AA, No. AA-2 in the amount of $53,000,000 (the “Series AA-2 Notes”) pursuant to the G&R Indenture to provide collateral security for its obligations under the Series 2017AB Financing Agreement. The obligations of the Company to make any payment of the principal and interest on any Series AA-2 Notes shall be fully or partially, as the case may be, deemed to have been paid or otherwise satisfied and discharged to the extent that the SIGNATURES

2Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Company has made a payment (or otherwise funded a payment) as provided in the Series 2017AB Financing Agreement, in respect of the principal and interest of the Series 2017AB Bonds.

	NEVADA POWER COMPANY
	(Registrant)

Dated: April 11, 2018	By:	/s/ E. Kevin Bethel
		E. Kevin Bethel
		Senior Vice President and Chief Financial Officer

The foregoing discussion of the Series 2017AB Financing Agreement and the Series AA-2 Notes is qualified in its entirety by reference to the Series 2017AB Financing Agreement and the Officer's Certificate establishing the terms of the Series AA-2 Notes under the G&R Indenture, copies of which are attached hereto as Exhibit 4.2 and Exhibit 4.3~~, respectively, and incorporated into this Item 2.03 by reference.~~

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit No.			Description
4.1			Financing Agreement dated May 1, 2017 between Clark County, Nevada and Nevada Power Company (relating to Clark County, Nevada's $39,500,000 Pollution Control Refunding Revenue Bonds (Nevada Power Company Project) Series 2017).
4.2			Financing Agreement dated May 1, 2017 between the Coconino County, Arizona Pollution Control Corporation and Nevada Power Company (relating to the Coconino County, Arizona Pollution Control Corporation's $53,000,000 Pollution Control Refunding Revenue Bonds (Nevada Power Company Projects) Series 2017A and 2017B).
4.3			Officer’s Certificate establishing the terms of Nevada Power Company’s General and Refunding Mortgage Notes, Series AA (Nos. AA-1 and AA-2).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NEVADA POWER COMPANY
	(Registrant)
Date: May 25, 2017	/s/ E. Kevin Bethel
	E. Kevin Bethel
	Senior Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.			Description
4.1			Financing Agreement dated May 1, 2017 between Clark County, Nevada and Nevada Power Company (relating to Clark County, Nevada's $39,500,000 Pollution Control Refunding Revenue Bonds (Nevada Power Company Project) Series 2017).
4.2			Financing Agreement dated May 1, 2017 between the Coconino County, Arizona Pollution Control Corporation and Nevada Power Company (relating to the Coconino County, Arizona Pollution Control Corporation's $53,000,000 Pollution Control Refunding Revenue Bonds (Nevada Power Company Projects) Series 2017A and 2017B).
4.3			Officer’s Certificate establishing the terms of Nevada Power Company’s General and Refunding Mortgage Notes, Series AA (Nos. AA-1 and AA-2).

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