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Electricity rates — Nevada

A household in Nevada using 1,000 kWh a month pays about $1,214.02 a year on the cheapest of 6 generally available plans — ORS-DDP – Optional Residential Service – Daily Demand Pricing from Nevada Power Co, in effect since April 2026. Rates checked September 23, 2026. A further 3 restricted and 1 older schedules are priced further down but not ranked.

Every priced plan, 1,000 kWh/mo

Annual cost of each published plan, 1,000 kWh/mo, cheapest first
PlanPer yearvs cheapestEffective
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−$85.729.4¢
ORS-DDP – Optional Residential Service – Daily Demand Pricing✓ cheapestdemand charge · in effect since April 2026$1,214.0210.1¢
OLRS-DDP – Optional Large Residential Service – Daily Demand Pricingdemand charge · in effect since April 2026$1,230.49+$16.4710.3¢
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$1,315.64+$101.6211.0¢
RM Residential Service-Multi Familyflat rate · in effect since April 2026 · needs a multi-family or master-metered building$1,442.52+$228.5012.0¢
ORS-TOU Optional Residential Service Time of Usetime-of-use · in effect since April 2026$1,517.15+$303.1312.6¢
RS (Residential Service)flat rate · in effect since April 2026$1,672.20+$458.1813.9¢
OLRS-TOU Optional Large Residential Service Time of Usetime-of-use · in effect since April 2026$2,377.92+$1,163.9019.8¢
LRS Large Residential Serviceflat rate · in effect since April 2026$2,475.60+$1,261.5820.6¢
RS (Residential Service) DG Rateflat rate · in effect since January 2019 · older schedule, not ranked$2,613.48+$1,399.4621.8¢

Cost across usage levels

The cheapest plan at each consumption level, showing whether the ranking holds as usage changes.

  • 500 kWh/mo — cheapest $644.49 (ORS-DDP – Optional Residential Service – Daily Demand Pricing), dearest $1,830.00, a $1,185.51 spread
  • 1,000 kWh/mo — cheapest $1,214.02 (ORS-DDP – Optional Residential Service – Daily Demand Pricing), dearest $2,475.60, a $1,261.58 spread
  • 2,000 kWh/mo — cheapest $2,277.99 (OLRS-DDP – Optional Large Residential Service – Daily Demand Pricing), dearest $3,766.80, a $1,488.81 spread

What a typical bill costs

At 1,000 kWh a month the 6 generally available plans here run from $1,214.02 on ORS-DDP – Optional Residential Service – Daily Demand Pricing to $2,475.60 on LRS Large Residential Service, with a median of $1,594.68.

Effective rates, bill divided by kilowatt-hours, span 10.1¢ to 20.6¢ per kWh at that usage.

What households in Nevada pay, by EIA's count

Over the 12 months to June 2026, residential electricity in Nevada averaged 13.3¢ per kWh, the 6th-lowest of the 50 states and DC and 26% below the US average of 17.9¢. It 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 13.3¢ per kWh, about the same as EIA's average, which is why this page compares that median with other states'.

EIA figures for Nevada
Average price, 12 months to June 202613.3¢
Among the 50 states and DC6 of 51, 1 = lowest
US average, same months17.9¢
Change on the 12 months before↓ −3.7%
Change over five years↑ +17.7% (US ↑ +34.7%)
Average price in 20019.1¢
Households, 20241,267,918
Average use per home962 kWh a month (US 872)
Average bill per home$144.20 a month (US $143.64)
Average residential price by year, 20012025
2001 Nevada: 9.1¢ to 13.2¢ US: 8.6¢ to 17.3¢2025
Every year’s figure
Average residential price per kWh in Nevada and the US, by year
YearNevadaUS
202513.2¢17.3¢
202415.0¢16.5¢
202316.7¢16.0¢
202213.8¢15.0¢
202111.5¢13.7¢
202011.3¢13.2¢
201912.0¢13.0¢
201811.8¢12.9¢
201712.0¢12.9¢
201611.4¢12.5¢
201512.8¢12.7¢
201412.9¢12.5¢
201311.9¢12.1¢
201211.8¢11.9¢
201111.6¢11.7¢
201012.4¢11.5¢
200912.9¢11.5¢
200811.9¢11.3¢
200711.8¢10.7¢
200611.1¢10.4¢
200510.2¢9.4¢
20049.7¢8.9¢
20039.0¢8.7¢
20029.4¢8.4¢
20019.1¢8.6¢

How Nevada compares

At 1,000 kWh a month the median plan in Nevada costs $1,594.68 a year: the 6th-lowest of the 29 states whose indexed plans stand for them, and 20% less than their median of $1,989.30. It sits between Colorado ($1,592.64) and Utah ($1,641.56).

Its cheapest open plan, ORS-DDP – Optional Residential Service – Daily Demand Pricing from Nevada Power Co at $1,214.02, is the 9th-lowest of the 29 states' cheapest plans.

3 of its 10 priceable plans price by the hour, the 8th-smallest share of any state here.

The largest fixed charge on any plan here is $98.70 a month, the 3rd-largest such charge of the 29 states.

In the guides: What published electricity plans cost, state by state · What a plan charges by the hour, and what moving a kilowatt-hour is worth · What a bill costs before a single kilowatt-hour

Who provides these 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 this does 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.

3 of these plans price by the hour, so their figures are marked lower confidence.

New to these terms? The methodology page explains tiered bands, time-of-use periods and fixed charges, and sets out exactly what the rate engine assumes.

Estimate — your actual bill may differ.

Tariff structures from NREL/OpenEI Utility Rate Database (CC0 1.0), retrieved September 23, 2026.

State prices from U.S. Energy Information Administration, electricity retail sales, Nevada, retrieved September 23, 2026; households and utilities from U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026. US Government public domain.