Independent rate reference - not affiliated with any utility or energy supplier. Data: EIA Electric Power Monthly, March 2026.Full disclaimer
ElectricityRatePerKWh

Electricity Rate in Nevada (2026): 14.17c/kWh Average

Residential Rate
14.17¢
per kWh
vs US Avg
-24%
4.39c below
Avg Monthly Bill
$113
860 kWh
Provider Choice
No
Regulated monopoly

Nevada Electricity Rate: What You Need to Know

Nevada electricity averages 14.17 cents per kWh for residential customers as of March 2026, according to the EIA Electric Power Monthly. This is 4.39c below the US average of 18.56c/kWh. The average monthly bill for Nevada households is $113 based on typical usage of 860 kWh.

Generation mix: Natural gas 55%, solar 25%, geothermal 15%, wind 5%. The fuel mix is a primary driver of electricity rates - states with abundant hydro or nuclear tend to have lower rates, while states dependent on imported petroleum (Hawaii) or natural gas pay more.

Year-over-year change: Nevada rates fell 1.8% year-over-year as of March 2026. This compares to the US average increase of 8.6% over the same period.

Regulated: You Cannot Switch Electricity Suppliers

NV Energy (Nevada Power) operates as the regulated utility in Nevada. Retail electricity choice is not available for residential customers. Options for reducing your bill include: time-of-use rate optimization, energy efficiency upgrades, and rooftop solar.

Your Nevada Electricity Bill Components

Energy charge (860 kWh x 14.17c)$121.86
Fixed customer charge (estimated)~$10.00
Estimated monthly total$131.86
All Sectors - Nevada
Residential14.17c
Commercial9.06c
Industrial7.66c
Dominant Utility
NV Energy (Nevada Power)
Adjacent States
California33.35c
Arizona15.59c
Utah13.17c
Idaho13.01c
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Nevada Electricity: Frequently Asked Questions

What is the electricity rate in Nevada in 2026?+
The average residential electricity rate in Nevada is 14.17 cents per kWh as of March 2026, according to the EIA Electric Power Monthly. This is 4.39c below the US average of 18.56c/kWh (-24%). The average monthly electricity bill in Nevada is approximately $113 based on 860 kWh typical monthly usage.
Can I switch electricity providers in Nevada?+
No - Nevada operates a regulated electricity market. NV Energy (Nevada Power) serves as the regulated monopoly utility. Customers cannot switch electricity generation suppliers. Options for reducing bills include time-of-use rate optimization (where available), energy efficiency upgrades, and solar installation.
What is the average monthly electricity bill in Nevada?+
The average Nevada household uses approximately 860 kWh per month. At 14.17c/kWh plus approximately $10 in fixed charges, the average monthly bill is $113. This varies by season (higher in summer for cooling-dominant states like Florida, higher in winter for heating-dominant states).
What is the primary electricity source in Nevada?+
Nevada's generation mix is primarily Natural gas 55%, solar 25%, geothermal 15%, wind 5%. This fuel mix is a key factor in the state's electricity rate - states relying on hydro or nuclear typically have lower rates, while states heavily dependent on natural gas or petroleum (like Hawaii) face higher costs.
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