Wells Rural Electric Co Electricity Rate per kWh (2024 EIA Data)
Cooperative|EIA utility 20332|Nevada + 1 more|Bundled
In 2024, Wells Rural Electric Co's residential customers paid an average of 10.05 cents per kWh: $5.9 million of revenue over 59,139 MWh of sales across 4,621 bundled residential customers, as reported to EIA on Form 861.
How the 10.05c figure is calculated
10.05c/kWh = $5,946k revenue / 59,139 MWh x 100. This is EIA's average realised price for 2024: everything Wells Rural Electric 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 $101 before taxes.
About Wells Rural Electric Co's 2024 electricity prices
Wells Rural Electric Co is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 20332. In 2024 it served 4,621 bundled residential customers in Nevada (its largest state of 2), and its average realised residential price was 10.05 cents per kWh: $5.9 million of residential revenue divided by 59,139 MWh of residential sales.
Across the other sectors, Wells Rural Electric Co's 2024 average prices were 9.27 cents for commercial customers (957 accounts) and 5.19 cents for industrial customers (171 accounts). Industrial customers paid 4.86 cents less per kWh than households, a 48% discount that is typical of high-volume, high-voltage service.
Within Nevada, Wells Rural Electric Co ranked number 7 of 11 utilities with bundled or delivery service by residential accounts served (4,621) and accounted for 0.40% 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 Wells Rural Electric Co's customers paid 4.95 cents below the Nevada average (-33.0%). 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 Wells Rural Electric Co in 2 Nevada counties: Elko and Eureka. It also reports 2024 retail sales in Utah (510 residential customers at 10.56 cents). On the grid side it operates in the WECC NERC region, and reported distribution as its activities. Balancing authority code: NEVP.
EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 10.22 cents per kWh for Wells Rural Electric Co in Nevada across 4,653 residential customers, 0.17 cents higher 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 Mt Wheeler Power, Inc (62.5 miles away, 8.50 cents), Raft Rural Elec Coop Inc (118.9 miles away, 10.24 cents), PacifiCorp (145.1 miles away, 12.52 cents), City of Bountiful (146.3 miles away, 12.97 cents), and City of Murray (UT) (157.2 miles away, 11.06 cents).
| Sector | Customers | Sales (MWh) | Revenue ($k) | Avg c/kWh |
|---|---|---|---|---|
| Residential | 4,621 | 59,139 | 5,946 | 10.05 |
| Commercial | 957 | 49,388 | 4,580 | 9.27 |
| Industrial | 171 | 510,277 | 26,489 | 5.19 |
Counties served in Nevada (2)
From the EIA-861 Service Territory file; a listed county can be served in part only.
| Utah Bundled | 510 res. accounts | 10.56c | #16 of 19 |
2025 early release (preliminary, not validated by EIA)
Residential price in Nevada: 10.22c/kWh (+0.17c vs 2024 final), 4,653 residential customers; commercial 9.47c; industrial 5.40c. 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
- 20332
- Ownership type
- Cooperative
- Data year
- 2024 final (EIA-861)
- Primary state
- Nevada
- States with retail sales
- NV, UT
- Service type
- Bundled (Part A)
- Bundled residential customers (NV, price basis)
- 4,621
- Residential accounts served (NV)
- 4,621
- All accounts, all sectors (NV)
- 5,749
- Residential price, 2024
- 10.05 c/kWh
- Commercial price, 2024
- 9.27 c/kWh
- Industrial price, 2024
- 5.19 c/kWh
- Residential sales
- 59,139 MWh
- Residential revenue
- $5.9 million
- Rank in Nevada by residential accounts served
- 7 of 11
- Share of Nevada residential sales (MWh, not customers)
- 0.40%
- Nevada average, 2024
- 15.00 c/kWh
- Counties served (NV)
- 2
- NERC region
- WECC
- Balancing authority
- NEVP
- Reported activities
- Distribution
- 2025 early release (preliminary)
- 10.22 c/kWh
- Change vs 2024 final
- +0.17 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].