Electricity Rate in Nevada (2026): 13.11c/kWh Average
The EIA residential electricity price in Nevada is 13.11 cents per kWh as of June 2026, 5.23c below the US average of 18.34c/kWh. The Nevada commercial rate is 9.83c/kWh and the industrial rate is 10.16c/kWh (EIA Electric Power Monthly, Table 5.6.A).
Nevada Electricity Rate: What You Need to Know
Nevada electricity averages 13.11 cents per kWh for residential customers as of June 2026, according to the EIA Electric Power Monthly. This is 5.23c below the US average of 18.34c/kWh. The average monthly bill for Nevada households is $113 based on typical usage of 860 kWh.
Nevada's 13.11c/kWh rate (June 2026) sits below the US average of 18.34c and has been climbing - up about 6.9% year over year. NV Energy is the dominant regulated utility, operating as Nevada Power in the south (Las Vegas and Clark County) and Sierra Pacific Power in the north (Reno and the rural counties); both are subsidiaries of Berkshire Hathaway Energy, overseen by the Public Utilities Commission of Nevada (PUCN). Nevada is a regulated market with no general residential retail choice, although a handful of very large casino and mining customers have exited NV Energy's system under the state's 704B process. Natural gas still supplies the largest share of generation (around 55%), but solar has grown to roughly a quarter and climbing - Nevada has some of the best solar resource in the country - with geothermal near 8% and a little hydro from Hoover Dam. The headline structural change is a mandatory residential demand charge: in its 2025 general rate case (Docket 25-02016), the PUCN in September 2025 cut Nevada Power's roughly $224 million revenue request by more than a third and approved the charge, which would make Nevada Power the first investor-owned utility in the country to bill ordinary households on their peak demand (the highest 15-minute period of usage each day), not just total kilowatt-hours. The start date has slipped twice under sustained customer and solar-industry opposition: originally set for spring 2026, the PUCN on 31 March 2026 postponed it to January 1, 2027, giving NV Energy time to issue customer refunds and run an education campaign. Once it takes effect, households that spread usage across the day rather than spiking the air conditioning all at once will fare better under the new structure.
Generation mix: Natural gas 55%, solar 27%, geothermal 8%, coal 5%, hydro 4%, wind 1%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.
Year-over-year change: Nevada rates rose 6.9% year-over-year as of June 2026. This compares to the US average increase of 5% over the same period.
Regulated: You Cannot Switch Electricity Suppliers
NV Energy (Nevada Power) operates as the regulated utility in Nevada. Retail electricity choice is not available for residential customers. Options for reducing your bill include: time-of-use rate optimization, energy efficiency upgrades, and rooftop solar.
Your Nevada Electricity Bill Components
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Open Bill Calculator ->Electric Utilities in Nevada: 23 Listed (2024 EIA-861)
EIA's Form 861 census records 23 entities with 2024 retail electricity sales in Nevada: 11 distribution utilities filing the full form, 7 small utilities filing the short form (EIA-861S), and 5 competitive energy-only suppliers. By ownership: 7 cooperative, 5 retail power marketer, 4 political subdivision, 3 municipal, 2 investor owned, 1 state, 1 federal. The state-wide average realised residential price in 2024 was 15.00 cents per kWh across 1,267,918 residential customers and 14,631,493 MWh of sales; EIA's latest monthly figure is 13.11c (June 2026). The largest utility by residential accounts served (bundled plus delivery-only) is Nevada Power Co with 916,385 (15.33c per kWh, 72.0% of state residential sales by MWh). 9 of the 11 distribution utilities have a detail page; the rest are listed here only.
| # | Utility | Ownership | Res. accounts | Residential | Commercial | Counties |
|---|---|---|---|---|---|---|
| 1 | Nevada Power Co | Investor Owned | 916,385 | 15.33c | 10.76c | 2 |
| 2 | Sierra Pacific Power Co | Investor Owned | 330,891 | 14.52c | 11.23c | 14 |
| 3 | Valley Electric Assn, Incalso CA | Cooperative | 22,368 | 16.73c | 13.99c | 3 |
| 4 | Overton Power District No 5 | Political Subdivision | 15,545 | 10.69c | 9.76c | 1 |
| 5 | City of Boulder City (NV) | Municipal | 7,145 | 10.37c | 12.90c | 1 |
| 6 | Mt Wheeler Power, Incalso UT | Cooperative | 5,169 | 8.50c | 9.57c | 4 |
| 7 | Wells Rural Electric Coalso UT | Cooperative | 4,621 | 10.05c | 9.27c | 2 |
| 8 | Raft Rural Elec Coop Incalso ID, UT | Cooperative | 1,564 | 10.24c | 6.61c | 1 |
| 9 | Surprise Valley Electrificationalso CA, OR | Cooperative | 6 | 13.82c | 13.93c | 1 |
| 10 | WAPA-- Western Area Power Administrationalso CA, AZ, CO, KS, MN, MT, ND, NE, NM, SD, UT, WY | Federal | 0 | n/a | 2.50c | 1 |
| 11 | Colorado River Comm of Nevada | State | 0 | n/a | 0.34c | 1 |
| Supplier | Type | Res. customers (energy-only) | Energy-only res. | Energy-only com. |
|---|---|---|---|---|
| Tenaska Power Services2 states | Retail Power Marketer | 0 | n/a | 7.76c |
| Silver State Energy Association | Retail Power Marketer | 0 | n/a | 7.11c |
| Shell Energy North America (US), L.P.4 states | Retail Power Marketer | 0 | n/a | n/a |
| Macquarie Energy LLC | Retail Power Marketer | 0 | n/a | 5.40c |
| Brookfield Renewable Energy Marketing US LLC5 states | Retail Power Marketer | 0 | n/a | 8.40c |
Small utilities filing the EIA-861S short form (7): totals across all sectors, no residential split+
| Utility | Ownership | Customers (all) | Avg price (all) | Counties |
|---|---|---|---|---|
| City of Fallon (NV) | Municipal | 5,054 | 15.89c | 1 |
| Lincoln County Power Dist No 1 | Political Subdivision | 2,133 | 12.63c | 1 |
| Harney Electric Coop, Inc | Cooperative | 1,379 | 6.52c | 1 |
| Alamo Power District No 3 | Political Subdivision | 741 | 15.99c | 1 |
| City of Caliente (NV) | Municipal | 595 | 6.53c | 1 |
| Plumas-Sierra Rural Elec Coop | Cooperative | 454 | 23.33c | 1 |
| Aha Macav Power Service | Political Subdivision | 284 | 11.97c | 1 |
Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.