<PAGE>
           As filed with the Securities and Exchange Commission on July 28, 1995
                                                       Registration No. 33-     
================================================================================
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                       ---------------------------------
                                    FORM S-8
                             REGISTRATION STATEMENT

                                     Under
                           The Securities Act of 1933
                       ---------------------------------

                              Nevada Power Company
               (Exact name of issuer as specified in the charter)

            NEVADA                                              88-0045330
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                             Identification No.)

               6226 West Sahara Avenue, Las Vegas, Nevada 89102
              (Address of Principal Executive Offices)(Zip Code)

                    Nevada Power Company 401(k) Savings Plan
                            (Full title of the plan)

        Charles A. Lenzie, Chairman of the Board, Nevada Power Company,
                    P.O. Box 230, Las Vegas, Nevada 89151
                   (Name and address of agent for service)

                           Telephone (702) 367-5000 
         (Telephone number, including area code, of agent for service)

                                   Copies to:
                             GLEN E. STEPHENS, Esq.
                              Best, Best & Krieger
                                 P.O. Box 1028
                          Riverside, California 92502
- --------------------------------------------------------------------------------
                        CALCULATION OF REGISTRATION FEE
                        -------------------------------
                                                      Proposed      Proposed
                         Proposed        Proposed     Maximum       Amount of
Title of Each Class      Amount          Maximum      Aggregate     Registration
of Securities to         to be           Offering     Offering      Fee
be Registered            Registered      Price        Price         Per Unit(1)
- -------------------      ----------      --------     ---------     ------------
Common Stock, par value
$1 per share.........    200,000 shares  $19.50       $3,900,000    $1,344.83
- --------------------------------------------------------------------------------
(1)  Estimated pursuant to Rule 457(h) and Rule 457(c) solely for the purpose of
calculating the registration fee on the basis of the average of the high and low
prices  of the  registrant's  Common Stock  reported on the Consolidated Tape on
July 24, 1995.

In  addition, pursuant  to  Rule 416(c)  under the  Securities Act of 1933, this
Registration Statement covers an indeterminate amount of interests to be offered
or sold pursuant to the employee benefit plan described herein.
<PAGE>
            INCORPORATION BY REFERENCE OF FORM S-8, FILE NO. 33-50809

There   is  hereby  incorporated  herein  by  reference  the  contents  of  the
registration  statement previously  filed by  Nevada Power Company on Form S-8,
File No. 33-50809.


DOCUMENTS INCORPORATED BY REFERENCE BY THE PLAN

The Plan hereby incorporates by reference the Plan's Annual Report on Form 11-K
for the year ended December 31, 1994, File No. 1 4698 1994.

All  documents hereafter filed by the Plan pursuant to Section 13(a), 13(c), 14
and  15(d) of  the  Securities Exchange  Act of  1934, prior to the filing of a
post-effective  amendment which indicates that all  securities offered pursuant
to  this  Registration  Statement  have  been  sold  or  which deregisters  all
securities  then  remaining  unsold, shall  be  deemed  to  be incorporated  by
reference in this Registration Statement and to be a part hereof from the  date
of filing of such documents.

                                 LEGAL OPINIONS

The validity of the Common Stock will be passed upon the Company by Mr. Richard
L. Hinckley, Vice President, Secretary and General Counsel for the Company, and
by  Best, Best & Krieger, 3750  University  Avenue, Riverside, California.  For
the  purposes of their opinion, Best, Best & Krieger, may  rely on  the opinion
of Mr. Hinckley  as to matters governed by the law of the State of Nevada.


                                EXPERTS

The  financial  statements  and  the  related  financial  statement   schedules
incorporated in the  Prospectus by reference from  the Company's Annual  Report
on Form 10-K for  the year ended  December 31, 1994  and from the Annual Report
on  Form 11-K of  Nevada Power  401(k) Savings Plan for the year ended December
31, 1994 have been audited by  Deloitte & Touche LLP, independent  auditors, as
stated  in their reports, which  are incorporated herein by reference, and have
been so incorporated in reliance upon the reports of such firm given upon their
authority as experts in accounting and auditing.








                                        1
<PAGE>
                                    Part II

Item 8. List of Exhibits Not Previously Filed On Form S-8, File No. 33-50809

 5.1     Opinion of Best, Best & Krieger re Common Stock.
 5.2     Opinion  of  Best,  Best  &  Krieger  re  ERISA  compliance  and  Plan
         qualification under Internal Revenue Code of 1986 section 401(a).
23.1     Consent  of  Richard  L.  Hinckley  (included   in  Part  II  of  this
         Registration Statement).
23.2     Consent of Deloitte & Touche LLP (included in Part II of this
         Registration Statement).
23.3     Consent  of  Best,  Best  &  Krieger  (included  in  Part  II  of this
         Registration Statement).
99.1     Nevada Power Company 401(k) Savings Plan, Amendment - 1993-1.
99.2     Nevada Power Company 401(k) Savings Plan, Amendment - 1994-1.
99.3     Nevada Power Company 401(k) Savings Plan, Amendment - 1995-1.




































                                        2
<PAGE>
                                   SIGNATURES

     Pursuant to  the  requirements  of the Securities Act of 1933, the Company
 certifies that  it has  reasonable grounds to believe that it meets all of the
requirements for  filing  on  Form  S-8  and has duly caused this  registration
statement to  be  signed  on  its  behalf  by the  undersigned, thereunto  duly
authorized, in the  City  of Las Vegas and State  of Nevada on the 26th day of
                                                                   ----
July, 1995.
- ----


NEVADA POWER COMPANY



                                    By      CHARLES A. LENZIE
                                      -----------------------------------------
                                      (Charles A. Lenzie, Chairman of the Board
                                            and Chief Executive Officer)


                               POWER OF ATTORNEY

     Know  All  By   These  Presents,  that  each  individual  whose  signature
appears below constitutes and appoints Charles A. Lenzie and Steven W. Rigazio,
and  each  of  them, his true and lawful attorneys in fact and agents with full
power  of  substitution and  resubstitution, for him and in his name, place and
stead, in  any  and  all  capacities, to sign any and all amendments (including
post-effective amendments)  to  this  Registration  Statement, and  to file the
same  with  all  exhibits  thereto, and  all documents in connection therewith,
with  the  Securities  and Exchange Commission, granting unto said attorneys in
fact and agents, and each of them, full power and  authority to do  and perform
each  and  every  act and thing requisite and necessary to be done in and about
the premises, as fully to all intents and purposes as he might  or  could do in
person, hereby  ratifying and  confirming all  that said  attorneys in fact and
agents, or any of them, or their or his substitutes may lawfully do or cause to
be done by virtue hereof.

     Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has been  signed below by the following persons in the
capacities and on the date indicated:

(1) PRINCIPAL EXECUTIVE OFFICER
                                       Chairman of the
                                       Board and Chief
 CHARLES A. LENZIE                    Executive Officer           July 26, 1995
- --------------------------------
(CHARLES A. LENZIE)



(2) PRINCIPAL FINANCIAL AND
    PRINCIPAL ACCOUNTING OFFICER
                                  Vice President, Finance and
                                      Planning, Treasurer,
 STEVEN W. RIGAZIO                  Chief Financial Officer       July 26, 1995
- --------------------------------
(STEVEN W. RIGAZIO)



(3)  DIRECTORS


 MARY LEE COLEMAN                    Director                     July 26, 1995
- --------------------------------
(MARY LEE COLEMAN)


 FRED D. GIBSON, JR.                 Director                     July 26, 1995
- --------------------------------
(FRED D. GIBSON, JR.)

































                                        3
<PAGE>




 JOHN L. GOOLSBY                    Director                      July 26, 1995
- --------------------------------
(JOHN L. GOOLSBY)


 JERRY E. HERBST                    Director                      July 26, 1995
- --------------------------------
(JERRY E. HERBST)


 JAMES C. HOLCOMBE                  Director                      July 26, 1995
- --------------------------------
(JAMES C. HOLCOMBE)


 CONRAD L. RYAN                     Director                      July 26, 1995
- --------------------------------
(CONRAD L. RYAN)


                                    Director                             , 1995
- --------------------------------
(FRANK E. SCOTT)


 A. M. SMITH                        Director                      July 26, 1995
- --------------------------------
(A. M. SMITH)


 J. A. TIBERTI                      Director                      July 26, 1995
- --------------------------------
(J. A. TIBERTI)















                                        4
<PAGE>
     Pursuant to the requirements of  the Securities  Act of 1933, the Plan has
duly  caused  this  registration  statement  to  be signed on its behalf by the
undersigned, thereunto  duly  authorized, in  the  City  of Las Vegas, State of
Nevada, on the 26th day of July, 1995.
               ----        ----

                                        Nevada Power Company
                                        401(k) Savings Plan




                                        By     CHARLES A. LENZIE      
                                          ----------------------------
                                               CHARLES A. LENZIE
                                              401(k) Savings Plan
                                              Committee Chairman



































                                        5
<PAGE>
                                                                   EXHIBIT 23.1


                               CONSENT OF COUNSEL

     I  hereby  consent  to the use of my name as Vice President, Secretary and
General  Counsel  of  the  Company  wherever  it  appears  in  the Registration
Statement, and all amendments thereto.





                                          RICHARD L. HINKCLEY
                                          RICHARD L. HINCKLEY


Las Vegas, Nevada
July 26, 1995

































                                        6
<PAGE>
                                                                   EXHIBIT 23.2


INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in this Registration Statement  of
Nevada  Power  Company  on Form S-8 of our reports dated February 10, 1995  and
June 24, 1995, appearing in or incorporated by reference in  the Annual  Report
on Form  10-K  of  Nevada  Power  Company for the year ended December 31, 1994,
and in the Annual Report on Form 11-K of Nevada Power 401(k) Savings  Plan  for
the  year  ended  December 31, 1994, respectively.   We  also  consent  to  the
reference  to  us under  the  heading "Experts" in the prospectus which is part
of such Registration Statement.





DELOITTE & TOUCHE LLP
DELOITTE & TOUCHE LLP

Las Vegas, Nevada
July 26, 1995





























                                        7
<PAGE>
                                                                   EXHIBIT 23.3


                               CONSENT OF COUNSEL

     We hereby consent to all references to our Firm included in or made a part
of this Registration Statement, and all amendments thereto.






                                           BEST, BEST & KRIEGER
                                           BEST, BEST & KRIEGER

Riverside, California
July 27, 1995


































                                        8
<PAGE>

                                 EXHIBIT INDEX



Exhibit
- -------

 5.1  Opinion of Best, Best & Krieger re Common Stock.
 5.2  Opinion of Best, Best & Krieger  and  Plan  qualification  under Internal
      Revenue Code of 1986 Section 401(a).
23.1  Consent of Richard L. Hinckley (included in Part II of this  Registration
      Statement).
23.2  Consent of Deloitte & Touche LLP(included in Part II of this Registration
      Statement).
23.3  Consent of Best, Best & Krieger (included in Part II of this Registration
      Statement).
99.1  Nevada Power Company 401(k) Savings Plan, Amendment 1993-1
99.2  Nevada Power Company 401(k) Savings Plan, Amendment 1994-1.
99.3  Nevada Power Company 401(k) Savings Plan, Amendment 1995-1.
































                                        9
[{"type": "S-8", "sequence": "1", "description": "1995 401(K) S-8 FOR 200,000 SHARES", "secsgml_size_bytes": 14040}]
{"company-data": {"conformed-name": "NEVADA POWER CO", "cik": "0000071180", "assigned-sic": "4911", "irs-number": "880045330", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "033-61365", "film-number": "95556850"}, "business-address": {"street1": "6226 W SAHARA AVE", "city": "LAS VEGAS", "state": "NV", "zip": "89102", "phone": "7023675000"}, "mail-address": {"street1": "P O BOX 230", "city": "LAS VEGAS", "state": "NV", "zip": "89151"}, "former-company": {"former-conformed-name": "SOUTHERN NEVADA POWER CO", "date-changed": "19701113"}}
As filed with the Securities and Exchange Commission on July 28, 1995
                                                       Registration No. 33-     
================================================================================
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                       ---------------------------------
                                    FORM S-8
                             REGISTRATION STATEMENT

                                     Under
                           The Securities Act of 1933
                       ---------------------------------

                              Nevada Power Company
               (Exact name of issuer as specified in the charter)

            NEVADA                                              88-0045330
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                             Identification No.)

               6226 West Sahara Avenue, Las Vegas, Nevada 89102
              (Address of Principal Executive Offices)(Zip Code)

                    Nevada Power Company 401(k) Savings Plan
                            (Full title of the plan)

        Charles A. Lenzie, Chairman of the Board, Nevada Power Company,
                    P.O. Box 230, Las Vegas, Nevada 89151
                   (Name and address of agent for service)

                           Telephone (702) 367-5000 
         (Telephone number, including area code, of agent for service)

                                   Copies to:
                             GLEN E. STEPHENS, Esq.
                              Best, Best & Krieger
                                 P.O. Box 1028
                          Riverside, California 92502
- --------------------------------------------------------------------------------
                        CALCULATION OF REGISTRATION FEE
                        -------------------------------
                                                      Proposed      Proposed
                         Proposed        Proposed     Maximum       Amount of
Title of Each Class      Amount          Maximum      Aggregate     Registration
of Securities to         to be           Offering     Offering      Fee
be Registered            Registered      Price        Price         Per Unit(1)
- -------------------      ----------      --------     ---------     ------------
Common Stock, par value
$1 per share.........    200,000 shares  $19.50       $3,900,000    $1,344.83
- --------------------------------------------------------------------------------
(1)  Estimated pursuant to Rule 457(h) and Rule 457(c) solely for the purpose of
calculating the registration fee on the basis of the average of the high and low
prices  of the  registrant's  Common Stock  reported on the Consolidated Tape on
July 24, 1995.

In  addition, pursuant  to  Rule 416(c)  under the  Securities Act of 1933, this
Registration Statement covers an indeterminate amount of interests to be offered
or sold pursuant to the employee benefit plan described herein.
INCORPORATION BY REFERENCE OF FORM S-8, FILE NO. 33-50809

There   is  hereby  incorporated  herein  by  reference  the  contents  of  the
registration  statement previously  filed by  Nevada Power Company on Form S-8,
File No. 33-50809.

DOCUMENTS INCORPORATED BY REFERENCE BY THE PLAN

The Plan hereby incorporates by reference the Plan's Annual Report on Form 11-K
for the year ended December 31, 1994, File No. 1 4698 1994.

All  documents hereafter filed by the Plan pursuant to Section 13(a), 13(c), 14
and  15(d) of  the  Securities Exchange  Act of  1934, prior to the filing of a
post-effective  amendment which indicates that all  securities offered pursuant
to  this  Registration  Statement  have  been  sold  or  which deregisters  all
securities  then  remaining  unsold, shall  be  deemed  to  be incorporated  by
reference in this Registration Statement and to be a part hereof from the  date
of filing of such documents.

                                 LEGAL OPINIONS

The validity of the Common Stock will be passed upon the Company by Mr. Richard
L. Hinckley, Vice President, Secretary and General Counsel for the Company, and
by  Best, Best & Krieger, 3750  University  Avenue, Riverside, California.  For
the  purposes of their opinion, Best, Best & Krieger, may  rely on  the opinion
of Mr. Hinckley  as to matters governed by the law of the State of Nevada.

                                EXPERTS

The  financial  statements  and  the  related  financial  statement   schedules
incorporated in the  Prospectus by reference from  the Company's Annual  Report
on Form 10-K for  the year ended  December 31, 1994  and from the Annual Report
on  Form 11-K of  Nevada Power  401(k) Savings Plan for the year ended December
31, 1994 have been audited by  Deloitte & Touche LLP, independent  auditors, as
stated  in their reports, which  are incorporated herein by reference, and have
been so incorporated in reliance upon the reports of such firm given upon their
authority as experts in accounting and auditing.

                                        1
Part II

Item 8. List of Exhibits Not Previously Filed On Form S-8, File No. 33-50809

 5.1     Opinion of Best, Best & Krieger re Common Stock.
 5.2     Opinion  of  Best,  Best  &  Krieger  re  ERISA  compliance  and  Plan
         qualification under Internal Revenue Code of 1986 section 401(a).
23.1     Consent  of  Richard  L.  Hinckley  (included   in  Part  II  of  this
         Registration Statement).
23.2     Consent of Deloitte & Touche LLP (included in Part II of this
         Registration Statement).
23.3     Consent  of  Best,  Best  &  Krieger  (included  in  Part  II  of this
         Registration Statement).
99.1     Nevada Power Company 401(k) Savings Plan, Amendment - 1993-1.
99.2     Nevada Power Company 401(k) Savings Plan, Amendment - 1994-1.
99.3     Nevada Power Company 401(k) Savings Plan, Amendment - 1995-1.

                                        2
SIGNATURES

     Pursuant to  the  requirements  of the Securities Act of 1933, the Company
 certifies that  it has  reasonable grounds to believe that it meets all of the
requirements for  filing  on  Form  S-8  and has duly caused this  registration
statement to  be  signed  on  its  behalf  by the  undersigned, thereunto  duly
authorized, in the  City  of Las Vegas and State  of Nevada on the 26th day of
                                                                   ----
July, 1995.
- ----

NEVADA POWER COMPANY

                                    By      CHARLES A. LENZIE
                                      -----------------------------------------
                                      (Charles A. Lenzie, Chairman of the Board
                                            and Chief Executive Officer)

                               POWER OF ATTORNEY

     Know  All  By   These  Presents,  that  each  individual  whose  signature
appears below constitutes and appoints Charles A. Lenzie and Steven W. Rigazio,
and  each  of  them, his true and lawful attorneys in fact and agents with full
power  of  substitution and  resubstitution, for him and in his name, place and
stead, in  any  and  all  capacities, to sign any and all amendments (including
post-effective amendments)  to  this  Registration  Statement, and  to file the
same  with  all  exhibits  thereto, and  all documents in connection therewith,
with  the  Securities  and Exchange Commission, granting unto said attorneys in
fact and agents, and each of them, full power and  authority to do  and perform
each  and  every  act and thing requisite and necessary to be done in and about
the premises, as fully to all intents and purposes as he might  or  could do in
person, hereby  ratifying and  confirming all  that said  attorneys in fact and
agents, or any of them, or their or his substitutes may lawfully do or cause to
be done by virtue hereof.

     Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has been  signed below by the following persons in the
capacities and on the date indicated:

(1) PRINCIPAL EXECUTIVE OFFICER
                                       Chairman of the
                                       Board and Chief
 CHARLES A. LENZIE                    Executive Officer           July 26, 1995
- --------------------------------
(CHARLES A. LENZIE)

(2) PRINCIPAL FINANCIAL AND
    PRINCIPAL ACCOUNTING OFFICER
                                  Vice President, Finance and
                                      Planning, Treasurer,
 STEVEN W. RIGAZIO                  Chief Financial Officer       July 26, 1995
- --------------------------------
(STEVEN W. RIGAZIO)

(3)  DIRECTORS

 MARY LEE COLEMAN                    Director                     July 26, 1995
- --------------------------------
(MARY LEE COLEMAN)

 FRED D. GIBSON, JR.                 Director                     July 26, 1995
- --------------------------------
(FRED D. GIBSON, JR.)

                                        3
JOHN L. GOOLSBY                    Director                      July 26, 1995
- --------------------------------
(JOHN L. GOOLSBY)

 JERRY E. HERBST                    Director                      July 26, 1995
- --------------------------------
(JERRY E. HERBST)

 JAMES C. HOLCOMBE                  Director                      July 26, 1995
- --------------------------------
(JAMES C. HOLCOMBE)

 CONRAD L. RYAN                     Director                      July 26, 1995
- --------------------------------
(CONRAD L. RYAN)

                                    Director                             , 1995
- --------------------------------
(FRANK E. SCOTT)

 A. M. SMITH                        Director                      July 26, 1995
- --------------------------------
(A. M. SMITH)

 J. A. TIBERTI                      Director                      July 26, 1995
- --------------------------------
(J. A. TIBERTI)

                                        4
Pursuant to the requirements of  the Securities  Act of 1933, the Plan has
duly  caused  this  registration  statement  to  be signed on its behalf by the
undersigned, thereunto  duly  authorized, in  the  City  of Las Vegas, State of
Nevada, on the 26th day of July, 1995.
               ----        ----

                                        Nevada Power Company
                                        401(k) Savings Plan

                                        By     CHARLES A. LENZIE      
                                          ----------------------------
                                               CHARLES A. LENZIE
                                              401(k) Savings Plan
                                              Committee Chairman

                                        5
EXHIBIT 23.1

                               CONSENT OF COUNSEL

     I  hereby  consent  to the use of my name as Vice President, Secretary and
General  Counsel  of  the  Company  wherever  it  appears  in  the Registration
Statement, and all amendments thereto.

                                          RICHARD L. HINKCLEY
                                          RICHARD L. HINCKLEY

Las Vegas, Nevada
July 26, 1995

                                        6
EXHIBIT 23.2

INDEPENDENT AUDITORS' CONSENT

We consent to the incorporation by reference in this Registration Statement  of
Nevada  Power  Company  on Form S-8 of our reports dated February 10, 1995  and
June 24, 1995, appearing in or incorporated by reference in  the Annual  Report
on Form  10-K  of  Nevada  Power  Company for the year ended December 31, 1994,
and in the Annual Report on Form 11-K of Nevada Power 401(k) Savings  Plan  for
the  year  ended  December 31, 1994, respectively.   We  also  consent  to  the
reference  to  us under  the  heading "Experts" in the prospectus which is part
of such Registration Statement.

DELOITTE & TOUCHE LLP
DELOITTE & TOUCHE LLP

Las Vegas, Nevada
July 26, 1995

                                        7
EXHIBIT 23.3

                               CONSENT OF COUNSEL

     We hereby consent to all references to our Firm included in or made a part
of this Registration Statement, and all amendments thereto.

                                           BEST, BEST & KRIEGER
                                           BEST, BEST & KRIEGER

Riverside, California
July 27, 1995

                                        8
EXHIBIT INDEX

Exhibit
- -------

 5.1  Opinion of Best, Best & Krieger re Common Stock.
 5.2  Opinion of Best, Best & Krieger  and  Plan  qualification  under Internal
      Revenue Code of 1986 Section 401(a).
23.1  Consent of Richard L. Hinckley (included in Part II of this  Registration
      Statement).
23.2  Consent of Deloitte & Touche LLP(included in Part II of this Registration
      Statement).
23.3  Consent of Best, Best & Krieger (included in Part II of this Registration
      Statement).
99.1  Nevada Power Company 401(k) Savings Plan, Amendment 1993-1
99.2  Nevada Power Company 401(k) Savings Plan, Amendment 1994-1.
99.3  Nevada Power Company 401(k) Savings Plan, Amendment 1995-1.

                                        9