Sec Form 4 Filing - KALETA PAUL J @ NV ENERGY, INC. - 2012-11-14

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person KALETA PAUL J 2. Issuer Name and Ticker or Trading Symbol NV ENERGY, INC. [ NVE] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) X __ Other (specify below) Executive VP, General Counsel/& Shared Services (Last) (First) (Middle) 6226 WEST SAHARA AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 11/14/2012 (Street) LAS VEGAS, NV89146 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 11/14/2012 M 30,000 A $ 13.21 61,744.65 ( 3 ) D Common Stock 11/14/2012 M 11,564 A $ 13.29 73,308.65 D Common Stock 11/14/2012 M 2,841 A $ 13.29 76,149.65 D Common Stock 11/14/2012 M 2,112 A $ 13.29 78,261.65 D Common Stock 11/14/2012 M 8,224 A $ 13.29 86,485.65 D Common Stock 11/14/2012 S 30,000 D $ 17.7151 56,485.65 D Common Stock 11/14/2012 S 11,564 D $ 17.7591 44,921.65 D Common Stock 11/14/2012 S 2,841 D $ 17.7151 42,080.65 D Common Stock 11/14/2012 S 2,112 D $ 17.7591 39,968.65 D Common Stock 11/14/2012 S 8,224 D $ 17.7591 31,744.65 D Common Stock 34,344.439 ( 2 ) I Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Non-Qualified Stock Option ( 1 ) $ 13.21 11/14/2012 M 30,000 02/01/2006 02/02/2016 Common Stock 30,000 $ 0 0 D Non-Qualified Stock Option ( 1 ) $ 13.29 11/14/2012 M 11,564 02/07/2006 02/08/2016 Common Stock 11,564 $ 0 0 D Non-Qualified Stock Option ( 1 ) $ 13.29 11/14/2012 M 2,841 02/07/2006 02/08/2016 Common Stock 2,841 $ 0 0 D Non-Qualified Stock Option ( 1 ) $ 13.29 11/14/2012 M 2,112 02/07/2006 02/08/2016 Common Stock 2,112 $ 0 0 D Non-Qualified Stock Option ( 1 ) $ 13.29 11/14/2012 M 8,224 02/07/2006 02/08/2016 Common Stock 8,224 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other KALETA PAUL J 6226 WEST SAHARA AVENUE LAS VEGAS, NV89146 Executive VP, General Counsel & Shared Services Signatures Michael Eason Power of Attorney for Paul J. Kaleta 11/16/2012 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Non-Qualified Stock Options issued under Executive Long Term Incentive Plan exempt under Rule 16b-3. ( 2 )Total includes 920.651 shares acquired from dividends that were reinvested since 3/13/2012, pursuant to NVE's Common Stock Investment Plan, a dividend reinvestment plan that meets the exemption requirements of Rule 16a-11. ( 3 )Total includes 447.248 shares acquired in the NVE Employee Stock Purchase Plan since 3/13/2012. Plan is a "tax conditioned" plan within the meaning of Rule 16b-3(c).

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.