Electricity rates — Nevada
A household in Nevada using 1,000 kWh a month pays about $1,613 a year on the cheapest of 2 generally available plans — ORS-TOU Optional Residential Service Time of Use from Nevada Power Co, in effect since April 2026, at the typical hour-by-hour use of homes in Nevada. Schedule retrieved October 8, 2026. A further 5 restricted and 1 older schedules are priced further down but not ranked. 2 plans billed on peak demand are priced but not ranked, because a household's peak in kW cannot be read from monthly use.
- Average price
- 13.3¢ per kWh
- 12 months to June 2026
- Against the 12 months before
- −3.7%
- The 2nd-largest fall of the 50 states
- Average bill
- $117 a month
- 12 months to June 2026, down 8.3% on the 12 months before, and homes used 4.8% less
Every priced plan in Nevada, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| ORS-TOU Optional Residential Service Time of Use✓ cheapesttime-of-use · in effect since April 2026 | $1,612.64 | — | 13.4¢ |
| RS (Residential Service)flat rate · in effect since April 2026 | $1,672.20 | +$59.56 | 13.9¢ |
| Priced but not ranked — restricted, older, or not verifiable as a bill | |||
| ORM-DDP – Optional Residential Service – Multi Family – Daily Demand Pricingdemand charge · in effect since April 2026 · needs a multi-family or master-metered building | $1,128.30 | −$484.34 | 9.4¢ |
| ORS-DDP – Optional Residential Service – Daily Demand Pricingdemand charge · in effect since April 2026 · billed on peak kW, which monthly use cannot price; not ranked | $1,214.02 | −$398.62 | 10.1¢ |
| OLRS-DDP – Optional Large Residential Service – Daily Demand Pricingdemand charge · in effect since April 2026 · billed on peak kW, which monthly use cannot price; not ranked | $1,230.49 | −$382.15 | 10.3¢ |
| ORM-TOU Optional Multi-Family Residential Service Time of Usetime-of-use · in effect since April 2026 · needs a multi-family or master-metered building | $1,396.21 | −$216.43 | 11.6¢ |
| RM Residential Service-Multi Familyflat rate · in effect since April 2026 · needs a multi-family or master-metered building | $1,442.52 | −$170.12 | 12.0¢ |
| OLRS-TOU Optional Large Residential Service Time of Usetime-of-use · in effect since April 2026 · needs three-phase service | $2,452.83 | +$840.19 | 20.4¢ |
| LRS Large Residential Serviceflat rate · in effect since April 2026 · needs three-phase service | $2,475.60 | +$862.96 | 20.6¢ |
| RS (Residential Service) DG Rateflat rate · in effect since January 2019 · older schedule, not ranked | $2,613.48 | +$1,000.84 | 21.8¢ |
The cheapest plan in Nevada at each level of use
- 500 kWh/mo — cheapest $914.36 (ORS-TOU Optional Residential Service Time of Use), dearest $944.14, a $29.78 range
- 1,000 kWh/mo — cheapest $1,612.64 (ORS-TOU Optional Residential Service Time of Use), dearest $1,672.20, a $59.56 range
- 2,000 kWh/mo — cheapest $3,009.30 (ORS-TOU Optional Residential Service Time of Use), dearest $3,128.40, a $119.10 range
What households in Nevada pay, by EIA's count
Nevada sits between Arkansas (13.3¢) and Utah (13.4¢).
EIA lists 9 utilities serving homes in Nevada. By homes served, the largest 5 are Nevada Power Co (916,385), Sierra Pacific Power Co (330,891), Valley Electric Assn, Inc (22,368), Overton Power District No 5 (15,545), and City of Boulder City - (NV) (7,145). Investor-owned utilities supply about 98% of its households on full service.
Over five years they rose 17.7%, well behind the US's 34.7%.
Nevada homes used the most electricity in July and the least in November (2021–2025): a summer peak, 2.6 times the lightest month. November was the dearest month per kWh, 12% above July.
The utilities with a ranked plan on this page serve about 72% of Nevada's households: Nevada Power Co (916,385). Their median plan at 1,000 kWh a month works out to 13.7¢ per kWh, 3% above EIA's average, which is why this page compares that median with other states'.
| Average price, 12 months to June 2026 | 13.3¢ |
|---|---|
| Among the 50 states and DC | 6 of 51, 1 = lowest |
| US average, same months | 17.9¢ |
| Change on the 12 months before | ↓ −3.7% |
| Change over five years | ↑ +17.7% (US ↑ +34.7%) |
| Average price in 2001 | 9.1¢ |
| Households, 2024 | 1,267,918 |
| Average use per home, 2024 | 962 kWh a month (US 872) |
| Average bill per home, 2024 | $144.20 a month (US $143.64) |
Chart of this for reuse (PNG), free to republish under CC BY 4.0 with credit to WattClear.
Every year’s figure for Nevada
| Year | Nevada | US |
|---|---|---|
| 2025 | 13.2¢ | 17.3¢ |
| 2024 | 15.0¢ | 16.5¢ |
| 2023 | 16.7¢ | 16.0¢ |
| 2022 | 13.8¢ | 15.0¢ |
| 2021 | 11.5¢ | 13.7¢ |
| 2020 | 11.3¢ | 13.2¢ |
| 2019 | 12.0¢ | 13.0¢ |
| 2018 | 11.8¢ | 12.9¢ |
| 2017 | 12.0¢ | 12.9¢ |
| 2016 | 11.4¢ | 12.5¢ |
| 2015 | 12.8¢ | 12.7¢ |
| 2014 | 12.9¢ | 12.5¢ |
| 2013 | 11.9¢ | 12.1¢ |
| 2012 | 11.8¢ | 11.9¢ |
| 2011 | 11.6¢ | 11.7¢ |
| 2010 | 12.4¢ | 11.5¢ |
| 2009 | 12.9¢ | 11.5¢ |
| 2008 | 11.9¢ | 11.3¢ |
| 2007 | 11.8¢ | 10.7¢ |
| 2006 | 11.1¢ | 10.4¢ |
| 2005 | 10.2¢ | 9.4¢ |
| 2004 | 9.7¢ | 8.9¢ |
| 2003 | 9.0¢ | 8.7¢ |
| 2002 | 9.4¢ | 8.4¢ |
| 2001 | 9.1¢ | 8.6¢ |
Highest in July, $216; lowest in November, $92.
Every month’s bill in Nevada
| Month | Average bill |
|---|---|
| January | $107 |
| February | $92 |
| March | $92 |
| April | $94 |
| May | $121 |
| June | $170 |
| July | $216 |
| August | $195 |
| September | $149 |
| October | $104 |
| November | $92 |
| December | $101 |
In the guides: Summer and winter bills, state by state
How Nevada compares
At 1,000 kWh a month the median plan in Nevada costs $1,642.42 a year: the 3rd-lowest of the 31 states whose indexed plans stand for them, and 28% less than their median of $2,274.24. It sits between Missouri ($1,568.78) and North Carolina ($1,684.61).
Its cheapest open plan, ORS-TOU Optional Residential Service Time of Use from Nevada Power Co at $1,612.64, is the 8th-lowest of the 31 states' cheapest plans.
The largest fixed charge on any plan here is $98.70 a month, the 2nd-largest such charge of the 31 states.
In the guides: What published electricity plans cost, state by state · What a bill costs before a single kilowatt-hour
Who provides Nevada's plans
Every plan here comes from Nevada Power Co — a limit of what has been indexed, not a claim that it is the only provider in Nevada. How each of its plans is built, and what changing between them saves, is set out on Nevada Power Co's own page.
What the Nevada figures do not cover
Only one utility in Nevada has been indexed so far, so the ranges above are not statewide. A household served by another provider will not find its plans here yet.