Electricity Rates in Nevada

Electricity Rates, Plans & Statistics

Electricity Companies & Statistics in Nevada

  • Population
    see rank
    3,143,991
  • Total Production
    see rank
    42,897,432 MWh / 13.64 MWh per capita
  • Total Consumption
    see rank
    24,757,607 MWh / 7.87 MWh per capita
  • Total Production from Renewable
    see rank
    15,120,994 MWh / 4.81 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    7,463,945,254 kg / 2,374.04 kg per capita
  • Total Production from Non-Renewable
    see rank
    27,802,799 MWh / 8.84 MWh per capita
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Average Residential Electricity Bills & Rates in Nevada

Nevada residential electric rates are highest in January and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.168/kWh$0.107/kWh$216.26/mo.$66.12/mo.
25th14.06¢Average residential price per kWh in the state of Nevada
26th$132.39Average residential monthly electricity bill for Nevada Residents

Nevada Electricity Fuel Mix

Nevada's Electricity Prices and Usage

Residents of Nevada enjoy a lower residential electricity rate than most people around the nation, with an average state electricity rate of 14.06 cents per kilowatt hour compared to the United States average price of 15.72 cents. This ranks Nevada as the 25th lowest priced state in the country by average electricity rate. The state is home to 10 electricity providers, but customers are most often faced with only one or two supplier choices because Nevada has a regulated electricity market. Approximately 42.29% of the electricity produced in the state is exported or stored and 57.71% of it is actively consumed by residents. NV Energy sells 29,424,056 megawatt hours in the state a year, more than all other electricity suppliers. There has been a 11.51% increase in the amount of electricity generated from solar power within the past 12 months, which is an increase of 937,038.33 megawatt hours each year. The state is ranked 16th in the United States for percentage of electricity produced from sustainable fuel types, creating 35.25% of their electricity from these renewable sources.

Residential Electricity Providers in Nevada

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
NV EnergyBUNDLED15.69137.5712,790,7732,007,346,41319,153,475.25
Overton Power District No 5BUNDLED9.94126.07216,95821,571,000
Boulder City UtilitiesBUNDLED10.04115.7898,6919,910,732
Mount Wheeler PowerBUNDLED8.01119.6992,7457,426,008
Wells Rural Electric CompanyBUNDLED9.79115.2363,8366,247,000
City of Fallon UtilitiesBUNDLED14.6778.1226,213.873,844,584.24
Raft River Rural Electric CoopBUNDLED9.6896.8818,3321,774,617
Lincoln County Power DistrictBUNDLED9.1380.2315,719.751,434,547.19
Harney Electric CooperativeBUNDLED8.58164.1414,074.971,207,411.31
Alamo Power District No 3BUNDLED14.71164.38,122.721,194,810.46

Commercial Electricity Providers in Nevada

ProviderService TypeCommercial Rate (¢)Commercial Average Bill ($)Commercial Sales (MWh)Commercial Revenues ($)State Production (MWh)
NV EnergyBUNDLED12.53519.288,091,6191,013,846,70719,153,475.25
Colorado River CommissionBUNDLED1.50204,676.04327,5224,912,225
Overton Power District No 5BUNDLED9.28343.32121,86211,305,000
Wells Rural Electric CompanyBUNDLED9.07415.0952,1144,727,000
Boulder City UtilitiesBUNDLED12.00487.8351,3666,163,726
City of Fallon UtilitiesBUNDLED12.21610.1647,148.785,755,059.71
Mount Wheeler PowerBUNDLED9.09194.9744,1644,016,398
Raft River Rural Electric CoopBUNDLED6.58620.7929,6011,948,667
Lincoln County Power DistrictBUNDLED7.16277.9120,177.441,444,020.61
Harney Electric CooperativeBUNDLED8.85291.359,084.55804,134.97

Power Plants in Nevada

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Chuck Lenzie Generating StationNV Energy (100.00%)
Clark County Natural Gas 6,173,1092,363,518,011.12382.87
Storey County Natural Gas 3,855,5891,629,306,787.5422.58
Higgins Generating StationNV Energy (100.00%)
Clark County Natural Gas 2,753,2911,105,817,145.86401.63
Clark County Natural Gas 2,537,7151,022,051,695.28402.74
Clark County Natural Gas 2,524,491976,488,065.14386.81
SilverhawkNV Energy (75.00%)Nevada Cogeneration Assoc # 1 (9.20%)Southern Nevada Water Authority (15.80%)
Clark County Natural Gas 2,345,127966,658,594.02412.2
Desert Star Energy CenterDesert Star Energy Center SDG&E (100.00%)
Boulder City Natural Gas 1,919,883758,147,226.34394.894/2027
Conventional Hydroelectric 1,396,607
Boulder City Conventional Hydroelectric 1,379,058
TS Power PlantNevada Gold Energy, LLC (100.00%)
Eureka County Coal 1,199,1691,162,686,454.3969.58

Quick Facts

2,269,536.88 megawatt hours are generated from coal in the state of Nevada. With 3,143,991 residents, this is 0.72 megawatt hours per person.

Nevada is ranked as the 33rd highest electricity consuming state with consumption totaling over 24,700,000 megawatt hours.

As the 5th highest producer of solar powered electricity in the US, Nevada generates a total of 9,075,040.35 megawatt hours.

Nevada is home to over 3,143,991 residents and produces 9,075,040.35 megawatt hours of electricity from solar sources, or 2.89 megawatt hour per capita. This ranks Nevada highest in the United States for solar megawatt hours generated per person.

Wind turbines produce 0.1 megawatt hours per year per person for Nevada residents, which is 34th highest in the United States.

At $132.39, the average Nevada monthly residential electricity expense is 10.33% lower than the US average.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Carson City57,957215.69$137.57/mo
Churchill County25,0773415.69$137.53/mo
Clark County2,231,14753513.65$133.43/mo
Douglas County49,158215.69$137.57/mo
Elko County53,420510.74$115.55/mo
Esmeralda County987215.69$137.57/mo
Eureka County1,6034110.77$123.60/mo
Humboldt County17,2183211.72$152.41/mo
Lander County5,7292115.69$137.57/mo
Lincoln County4,60039.38$84.12/mo
Lyon County58,0292215.69$137.57/mo
Mineral County4,5522115.69$137.57/mo
Nye County50,0963213.55$132.59/mo
Pershing County6,668215.69$137.57/mo
Storey County4,0472315.69$137.57/mo
Washoe County479,7582315.69$137.57/mo
White Pine County9,192218.03$119.63/mo

Power Plant Fuel Types, Emissions & Pollution Factors

When considering electricity production, Nevada's primary fuel is Natural Gas, accounting for 25,495,882.16 megawatt hours, or 59.43% of production in the state. Solar and Geothermal account for 21.16% and 9.90% of electricity production, respectively. Electricity consumption in the state results in the release of 7,463,945,253.89 kilograms of CO2 pollution per year, which is 36th highest amount in the US. Averaging 2,374.04 kilograms of CO2 emissions per capita, the state ranks 32nd worst for pollution per capita from electricity consumption. Nevada has the 15th most electricity producing plants of any state in the United States, with 56 total power plants. This translates to the 9th most power plants per person in the US.

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
Natural Gas
59.43%
SOLAR
Solar
Solar
Solar
21.16%
GEOTHERMAL
Geothermal
9.90%
COAL
Coal
5.29%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
3.32%
OTHER
Other
0.97%

Nevada Net Metering

Of the 10 electric companies in Nevada, 7 of them report that they offer net metering. The state has some of the best net metering and feed in tariffs that make solar and other types of electricity generation more attractive.

Energy Loss

The average energy loss for electricity providers in Nevada is 3.01%. This includes data from 5 providers, including NV Energy, Overton Power District No 5, and Boulder City Utilities. With a United States average of 2.45%, Nevada is ranked as the 20th best state in the US.

Solar Taxes And Rebates

States that want to support personal solar can do so by enacting rebates for solar purchases and tax incentives. Nevada offers a credit that is $1000 or less or there is no state tax. Offering no rebates for solar installs, the state currently is dropping the ball for its citizens who want to install private solar panels. There are currently no property tax exemptions for residents in Nevada who wish to purchase private solar panels. Consumers in the state do not have access to a sales tax exemption when purchasing private solar.

State Level Initiatives

Policies enforced at the state level determine whether customers in a state can afford to install personal solar systems or find electric plans that are based on renewable fuel sources. Many states require renewable fuels to make up a percentage of the fuel used for electricity production. These stipulations are referred to as Renewable Portfolio Standards (RPS). The state of Nevada has taken great initiative to create an RPS plan of action that requires at least 25% of electricity output to come from renewable energy sources.

Learn about going solar in Nevada, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Electricity in Nevada

Which electricity company is the largest supplier in Nevada?

By total revenue, NV Energy is the largest electricity company in Nevada.

What is the average electric bill in Nevada?

In 2023, Nevada has an average electric bill of $132.

Does Nevada have a deregulated electricity market?

No, Nevada has a regulated electricity market where consumers often have only a single provider choice for their electricity needs.

Where does Nevada get its electricity?

Natural Gas is the fuel used for electricity generation in Nevada, making up 59.43% of production. The second and third most used fuels are Solar and Geothermal, which make up 21.16% and 9.90% of total production respectively.

What is a good electricity rate in Nevada?

A good electricity rate in Nevada would be somewhere below the state average of 14.06 cents per kilowatt hour. Anything below that amount would be better than most other rates in the state. Currently, the varying rates in the state range from 8.01 cents per kilowatt hour up to 15.69 cents per kilowatt hour.

How many power plants are located in Nevada?

There are 56 active electricity plants located in Nevada.

How many electric companies offer service in Nevada?

There are 10 electricity suppliers serving customers in Nevada.

What is the cheapest electricity company in Nevada?

Residential Rate RankProviderResidential Rate (¢)State Customers
1Mount Wheeler Power8.017,361
2Harney Electric Cooperative8.581,363
3Lincoln County Power District9.132,047
4Raft River Rural Electric Coop9.681,839
5Wells Rural Electric Company9.795,629
6Overton Power District No 59.9417,050
7Boulder City Utilities10.048,192
8City of Fallon Utilities14.674,890
9Alamo Power District No 314.71737
10NV Energy15.691,380,983

Matt Hope
Last Reviewed By: Matt Hope
Published: 2023-09-29