It's not a happy day for Nevada Power.

This is the first time we've had an income in the first quarter since 2000. This was another piece of our financial recovery story that we needed to get to.

There's no profit associated with it (for the company).

When prices are at an historical high level, it is not a good time to lock in prices at that level.

What we likely know is the ($2.96) increase will not be completely offset.