Appeals court lifts order requiring Reliant to sell power

HOUSTON, Apr. 6, 2001–Reliant Energy Inc. obtained a stay from the US Court of Appeals for the Ninth Circuit of a lower court’s decision forcing the company to sell power in California without a guarantee of compensation.

LAS VEGAS, Nev., April 6, 2001 – Nevada ratepayers could benefit from $266 to $281 million if the proposed divestiture of certain Nevada Power Co. plants is approved, said energy expert Susan Tierney, testifying today before the Public Utility Commission (PUC) of Nevada.

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