NV / Residential / Latest month: Jul 2026

Electricity Rates in Nevada

CheapestNevada ranks 2nd cheapest of 51Most expensive

In July 2026, homes in Nevada paid an average of 12.77¢ per kWh, the 2nd cheapest of the 50 states and DC and 30.3% below the U.S. average of 18.31¢.

That price is up 3.1% from a year earlier.

Over the past 12 months the average home in Nevada used 894 kWh a month, for an average bill of $119 (U.S.: $157).

About electricity in Nevada

Solar supplies a larger share of Nevada's electricity than in any other state, though natural gas remains the largest source. Nearly all homes are served by investor-owned utilities.

  • natural gas 51%
  • solar 30%
  • geothermal 9%
  • coal 6%
  • hydropower 4%
Share of electricity generated in Nevada, 2025. Source: EIA.

The Public Utilities Commission of Nevada is the state agency that regulates electric utilities in Nevada.

Average electric bill in Nevada

Over the last 12 months the average Nevada home paid $119 a month for electricity, the 7th lowest of the 50 states and DC. In July 2026 the average bill was $207 for 1,622 kWh.

Over the last 12 months, homes in Nevada used the most electricity in July, when air conditioning drives usage up: an average of 1,622 kWh and a $207 bill. The lightest month was February, at 574 kWh and $82.

What would I pay?

Energy charge at 12.77¢ per kWh. Delivery fees and taxes vary by utility.
Monthly usePer monthPer year
500 kWh × 12.77¢$63.85$766
1,000 kWh × 12.77¢typical$127.70$1,532
1,500 kWh × 12.77¢$191.55$2,299
2,000 kWh × 12.77¢$255.40$3,065

Estimate your own bill

At Nevada's average of 12.77¢/kWh: $114 a month, $1,364 a year.

Estimate of the energy charge only. Your utility's fixed fees, taxes and rate tiers will change the total. Use the full bill calculator.

Cost of electricity in Nevada by month

8¢10¢12¢14¢16¢Jan ’25Jul ’25Jan ’26Jul ’26
HomeBusiness¢ per kWh, monthly average

Businesses in Nevada paid 9.72¢ per kWh in July 2026 (the 4th cheapest for business power), and industrial users paid 10.04¢.

Electric companies in Nevada

9 utilities deliver electricity to homes in Nevada. The largest is Nevada Power Co, serving 933,357 homes.

UtilityHomes servedAvg. home rate
Nevada Power CoInvestor-owned · Full service + delivery933,35713.08¢
Sierra Pacific Power CoInvestor-owned · Full service + delivery334,96113.65¢
Valley Electric Assn, IncCo-op · Full service22,72815.33¢
Overton Power District No 5Public power district · Full service15,85212.46¢
City of Boulder CityCity-owned · Full service7,15710.67¢
Mt Wheeler Power, IncCo-op · Full service5,1759.42¢
Wells Rural Electric CoCo-op · Full service4,65310.22¢
Raft Rural Elec Coop IncCo-op · Full service1,56811.28¢
Surprise Valley ElectrificationCo-op · Full service6—

"Avg. home rate" is what each utility's full-service residential customers paid on average in 2025 (revenue ÷ kWh sold). Delivery-only utilities have no full-service rate.

Can you choose your electricity supplier in Nevada?

Only in limited cases. Only large customers may buy from other suppliers. Most households buy electricity from their local utility.

Nevada compared with neighboring states

Home electricity price and average bill
StatePrice per kWhAvg. monthly bill (12 mo.)
Nevada12.77¢$119
Utah13.12¢$104
Idaho13.73¢$114
Arizona15.38¢$162
Oregon15.97¢$132
California33.61¢$161

Nevada electricity FAQ

What is the average electric bill in Nevada?

The average home in Nevada paid $119 a month over the last 12 months, using 894 kWh. That is the 7th lowest of the 50 states and DC. In July 2026 alone, the average bill was $207.

How much does electricity cost per kWh in Nevada?

Homes paid an average of 12.77¢ per kWh in July 2026, 30.3% below the U.S. average of 18.31¢. Businesses paid 9.72¢ per kWh.

Which month has the highest electric bills in Nevada?

July, in the last 12 months of data: the average bill reached $207 (1,622 kWh), compared with $82 in February, the lowest month.

Can I choose my electricity provider in Nevada?

Only in limited cases. Only large customers may buy from other suppliers. Most households buy electricity from their local utility.

What are the largest electric companies in Nevada?

By number of residential customers in 2025: Nevada Power Co (933,357), Sierra Pacific Power Co (334,961), Valley Electric Assn, Inc (22,728).

Latest NV electric rates, bills and usage: U.S. Energy Information Administration retail sales data (forms EIA-861M and EIA-861), latest month July 2026. Utilities and suppliers: EIA-861 (2025). Bills and usage are revenue and sales divided by customers. Last updated 2026-10-20.