Nevada Power Co Electricity Rate per kWh (2024 EIA Data)
Investor Owned|EIA utility 13407|Nevada|Bundled + Delivery
In 2024, Nevada Power Co's residential customers paid an average of 15.33 cents per kWh: $1,615 million of revenue over 10.54 million MWh of sales across 916,385 bundled residential customers, as reported to EIA on Form 861.
How the 15.33c figure is calculated
15.33c/kWh = $1,615,272k revenue / 10,535,373 MWh x 100. This is EIA's average realised price for 2024: everything Nevada Power Co billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $153 before taxes.
About Nevada Power Co's 2024 electricity prices
Nevada Power Co is an investor-owned electric utility that reports to the U.S. Energy Information Administration under utility number 13407. In 2024 it served 916,385 bundled residential customers in Nevada, and its average realised residential price was 15.33 cents per kWh: $1,615 million of residential revenue divided by 10.54 million MWh of residential sales.
Across the other sectors, Nevada Power Co's 2024 average prices were 10.76 cents for commercial customers (117,014 accounts), 10.09 cents for industrial customers (1,554 accounts), and 10.66 cents for transportation customers (1 accounts). Industrial customers paid 5.24 cents less per kWh than households, a 34% discount that is typical of high-volume, high-voltage service. Nevada allows retail choice, so the customer base splits two ways: 916,385 residential customers took bundled service (energy plus delivery) at 15.33 cents per kWh, while 0 bought their energy from a competitive supplier and paid Nevada Power Co only for delivery, which averaged not reported for the wires portion.
Within Nevada, Nevada Power Co ranked number 1 of 11 utilities with bundled or delivery service by residential accounts served (916,385) and accounted for 72.00% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 15.00 cents per kWh, so Nevada Power Co's customers paid 0.33 cents above the Nevada average (+2.2%). For context, EIA's latest monthly figure for Nevada is 13.11 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.
EIA's service-territory file places Nevada Power Co in 2 Nevada counties: Clark and Nye. On the grid side it operates in the WECC NERC region, and reported generation, transmission, buying transmission, distribution, wholesale marketing, and bundled as its activities. Balancing authority code: NEVP.
EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 13.08 cents per kWh for Nevada Power Co in Nevada across 933,357 residential customers, 2.25 cents lower than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.
The nearest other utilities in Nevada by service-territory centroid are City of Boulder City (NV) (72.6 miles away, 10.37 cents), Overton Power District No 5 (72.6 miles away, 10.69 cents), Valley Electric Assn, Inc (75 miles away, 16.73 cents), Mt Wheeler Power, Inc (188.6 miles away, 8.50 cents), and Sierra Pacific Power Co (214.4 miles away, 14.52 cents).
| Sector | Customers | Sales (MWh) | Revenue ($k) | Avg c/kWh |
|---|---|---|---|---|
| Residential | 916,385 | 10,535,373 | 1,615,272 | 15.33 |
| Commercial | 117,014 | 5,856,111 | 630,060 | 10.76 |
| Industrial | 1,554 | 5,715,958 | 576,846 | 10.09 |
| Transportation | 1 | 7,638 | 814 | 10.66 |
Bundled service vs delivery-only customers
Counties served in Nevada (2)
From the EIA-861 Service Territory file; a listed county can be served in part only.
2025 early release (preliminary, not validated by EIA)
Residential price in Nevada: 13.08c/kWh (-2.25c vs 2024 final), 933,357 residential customers; commercial 9.74c; industrial 8.99c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.
Nearby and comparable utilities in Nevada
- EIA utility number
- 13407
- Ownership type
- Investor Owned
- Data year
- 2024 final (EIA-861)
- Primary state
- Nevada
- Service type
- Bundled + Delivery (Part A, C)
- Bundled residential customers (NV, price basis)
- 916,385
- Residential accounts served (NV)
- 916,385
- All accounts, all sectors (NV)
- 1,035,139
- Residential price, 2024
- 15.33 c/kWh
- Commercial price, 2024
- 10.76 c/kWh
- Industrial price, 2024
- 10.09 c/kWh
- Transportation price, 2024
- 10.66 c/kWh
- Residential sales
- 10.54 million MWh
- Residential revenue
- $1,615 million
- Delivery-only residential customers
- 0
- Rank in Nevada by residential accounts served
- 1 of 11
- Share of Nevada residential sales (MWh, not customers)
- 72.00%
- Nevada average, 2024
- 15.00 c/kWh
- Counties served (NV)
- 2
- NERC region
- WECC
- Balancing authority
- NEVP
- Reported activities
- Generation, Transmission, Buying Transmission, Distribution, Wholesale Marketing, Bundled
- 2025 early release (preliminary)
- 13.08 c/kWh
- Change vs 2024 final
- -2.25 c/kWh
- Registry status
- Reported on Form EIA-861 for 2024
Realised price times usage; fixed charges are already inside the average. Bill calculator ->
Annual averages hide seasonal and tariff differences. Diagnose a high bill or model time-of-use pricing.
Bill Diagnostic ->Time-of-Use Guide ->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.
Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].