Nevada electricity rates
Nevada homes paid 12.7¢ per kWh in August 2026 — +1.4% from a year earlier. That is #1 cheapest of 51; the U.S. average was 18.2¢.
Nevada electricity price trend
Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the Mountain region, which includes Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming.
Utilities in Nevada
9 utilities · 8 report monthlyMonthly home price by utility
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| │ = NV average, same period | |||||
|---|---|---|---|---|---|
| Nevada Power Co. Investor Owned · monthly data |
13.6¢Jan–Aug 2026 |
-0.6% | -11.6% | $147 | 916,385 |
| Sierra Pacific Power Co. Investor Owned · monthly data |
13.9¢Jan–Aug 2026 |
+2.4% | -3.9% | $100 | 330,891 |
| Valley Electric Assn, Inc. Cooperative · monthly data |
16.9¢Jan–Aug 2026 |
+24.4% | +1.3% | $200 | 22,368 |
| Overton Power District No 5 Political Subdivision |
10.7¢2024 |
-30.3% | — | $132 | 15,545 |
| City of Boulder City (NV) Municipal · monthly data |
10.8¢Jan–Aug 2026 |
-20.5% | +4.4% | $128 | 7,145 |
| Mt Wheeler Power, Inc. Cooperative · monthly data |
10.4¢Jan–Aug 2026 |
-23.9% | +22% | $117 | 5,169 |
| Wells Rural Electric Co. Cooperative · monthly data |
11.0¢Jan–Aug 2026 |
-19% | +9.9% | $107 | 4,621 |
| Raft Rural Elec Coop Inc. Cooperative · monthly data |
12.8¢Jan–Aug 2026 |
-6.2% | +24.8% | $91 | 1,564 |
| Surprise Valley Electrification Cooperative · monthly data |
15.1¢Jan–Aug 2026 |
+11.1% | +9.6% | $106 | 6 |
Bars: average home price (same color scale as the map). The thin line and “vs. NV avg.” use the Nevada average of the same period — 2024 for yearly figures, 2026 so far for monthly ones. “vs. 2024” compares this year’s monthly average with the 2024 annual average. Click a column header to sort. Small utilities that report only totals are left out.
All ZIP codes in Nevada
Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.
Questions
What is the average electricity rate in Nevada?
12.7¢ per kWh for residential customers in August 2026 (EIA-861M, preliminary); the 12-month average is 13.7¢.
How does Nevada compare with other states?
Nevada ranks #1 cheapest of 51 states and D.C. The U.S. average was 18.2¢ in August 2026.
Which utility in Nevada has the lowest rates?
Among the larger utilities (over 10,000 homes), Overton Power District No 5 averaged 10.7¢ per kWh in 2024. Rates depend on the plan; check the utility’s tariff.