Electricity rates — Nevada Power Co
A household served by Nevada Power Co 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
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| 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 | −$85.72 | 9.4¢ |
| ORS-DDP – Optional Residential Service – Daily Demand Pricing✓ cheapestdemand charge · in effect since April 2026 | $1,214.02 | — | 10.1¢ |
| OLRS-DDP – Optional Large Residential Service – Daily Demand Pricingdemand charge · in effect since April 2026 | $1,230.49 | +$16.47 | 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 | $1,315.64 | +$101.62 | 11.0¢ |
| RM Residential Service-Multi Familyflat rate · in effect since April 2026 · needs a multi-family or master-metered building | $1,442.52 | +$228.50 | 12.0¢ |
| ORS-TOU Optional Residential Service Time of Usetime-of-use · in effect since April 2026 | $1,517.15 | +$303.13 | 12.6¢ |
| RS (Residential Service)flat rate · in effect since April 2026 | $1,672.20 | +$458.18 | 13.9¢ |
| OLRS-TOU Optional Large Residential Service Time of Usetime-of-use · in effect since April 2026 | $2,377.92 | +$1,163.90 | 19.8¢ |
| LRS Large Residential Serviceflat rate · in effect since April 2026 | $2,475.60 | +$1,261.58 | 20.6¢ |
| RS (Residential Service) DG Rateflat rate · in effect since January 2019 · older schedule, not ranked | $2,613.48 | +$1,399.46 | 21.8¢ |
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 Nevada Power Co's customers were billed in 2024
At 958 kWh a month, Nevada Power Co's median open plan comes to 13.4¢ per kWh, 13% below the 15.3¢ its customers were billed in 2024, riders included. Rates set since 2024 account for some of that.
| Ownership, as EIA classes it | Investor-owned |
|---|---|
| Full-service homes in Nevada | 916,385 |
| Share of Nevada's households | 72% |
| Average use per home | 958 kWh a month |
| Average bill per home | $146.89 a month |
| Billed per kWh, riders included | 15.3¢ |
| Median open plan here, at that use | 13.4¢ |
Nevada Power Co in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.
How it compares
Among the 109 utilities indexed, Nevada Power Co's cheapest open plan is the 12th-lowest, 26% less than their median of $1,649.16. It sits between Oklahoma Gas & Electric Co ($1,208.55) and City of San Antonio, Texas (Utility Company) ($1,218.68).
Its fixed charge, $6.25 a month on ORS-DDP – Optional Residential Service – Daily Demand Pricing, is lower than on the cheapest plan of 104 of the other 108 utilities.
ORS-TOU Optional Residential Service Time of Use changes price with the season: a kWh costs 1.4¢ more in October to May than in June to September, and the same 1,000 kWh is billed $162.06 in its dearest month against $109.71 in its cheapest.
In the guides: What a bill costs before a single kilowatt-hour · The price that changes with the month
How the answer changes with usage
The cheapest plan from Nevada Power Co changes with consumption. At 500 kWh a month ORS-DDP – Optional Residential Service – Daily Demand Pricing wins at $644.49 a year; at 2,000 kWh OLRS-DDP – Optional Large Residential Service – Daily Demand Pricing wins at $2,277.99.
Cheapest 6 plans at 1,000 kWh a month
ORM-DDP – Optional Residential Service – Multi Family – Daily Demand Pricing — $1,128.30 a year, 9.4¢ per kWh effective, demand-charged. It carries a $6.25 monthly standing charge. In effect since April 2026. Restricted: needs a multi-family or master-metered building.
ORS-DDP – Optional Residential Service – Daily Demand Pricing — $1,214.02 a year, 10.1¢ per kWh effective, demand-charged. It carries a $6.25 monthly standing charge. In effect since April 2026.
OLRS-DDP – Optional Large Residential Service – Daily Demand Pricing — $1,230.49 a year, 10.3¢ per kWh effective, demand-charged. It carries a $15.25 monthly standing charge. In effect since April 2026.
ORM-TOU Optional Multi-Family Residential Service Time of Use — $1,315.64 a year, 11.0¢ per kWh effective, time-of-use. It carries a $8.20 monthly standing charge. In effect since April 2026. Restricted: needs a multi-family or master-metered building.
RM Residential Service-Multi Family — $1,442.52 a year, 12.0¢ per kWh effective, flat rate. It carries a $8.20 monthly standing charge. In effect since April 2026. Restricted: needs a multi-family or master-metered building.
ORS-TOU Optional Residential Service Time of Use — $1,517.15 a year, 12.6¢ per kWh effective, time-of-use. It carries a $18.00 monthly standing charge. In effect since April 2026.
How these plans are structured
Of 10 priceable plans: 3 time-of-use, 3 with demand charges, 4 flat-rate.
Fixed monthly charges run from $6.25 to $98.70.
Who provides these plans
EIA-861 lists Nevada Power Co serving homes in Nevada and in no other state, which is how its plans are placed there. 10 of its 10 published residential schedules can be priced.
The largest saving available here
Moving from LRS Large Residential Service to ORS-DDP – Optional Residential Service – Daily Demand Pricing saves $1,261.58 a year at 1,000 kWh a month, with no change in consumption.
What this does not cover
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.