Overton Power District No 5

About Overton Power District No 5

Overton Power District No 5 provides electricity in Mesquite, Nevada and rural areas of Clark County. Electricity providers must regularly report their customer counts to government agencies. On the most recent reports the company listed 17,078 customers signed on for their services. Roughly 83.08% of these are residential properties, 16.60% are commercial customer accounts and 0.32% are industrial accounts. Overton Power District No 5's customers spend, on average, 11.37 cents per kilowatt hour for their electricity . This is below both the Nevada and the US average rates of 15.45 and 15.77 cents per kilowatt hour, respectively. The company sold 403,363 megawatt hours via retail sales in 2023. During the same timeframe, Overton Power District No 5 purchased 432,554 megawatt hours by way of wholesale channels. The revenue for the company in 2023 from electricity sales was $45,854,000, with $42,632,000 from retail sales to end users.

The average residential electricity bill for a customer of Overton Power District No 5 is $154.91 per month. Consumers of the provider pay a 16.83% markup compared to other residents of Nevada. The power grid managed by the company experiences an average of 0.42 outages per consumer each year, with outages lasting an average of 20.22 minutes. The nationwide average for other companies is 1.44 outages per consumer and roughly 123.49 minutes per outage. Electricity production is not handled in house at the company, as they purchase power at wholesale rates and then resell to their customers.