Electricity Rate in Nevada (2026): 14.94c/kWh Average
Nevada Electricity Rate: What You Need to Know
Nevada electricity averages 14.94 cents per kWh for residential customers as of April 2026, according to the EIA Electric Power Monthly. This is 2.71c below the US average of 17.65c/kWh. The average monthly bill for Nevada households is $137 based on typical usage of 921 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 rose 4.7% year-over-year as of April 2026. This compares to the US average increase of 5.4% 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
State pre-selected in our full bill calculator with TOU and commercial modes.
Open Bill Calculator ->