Nevada Electricity Rates and Average Bill
Data through August 2026 (the latest month EIA has published) · Updated October 31, 2026
As of August 2026, the average residential electricity rate in Nevada is 12.72¢/kWh (the 1st-lowest in the U.S.) and the average monthly bill is $207.45, per EIA data. That rate is 5.4¢ below the U.S. average of 18.16¢/kWh.
Rate trend, last three years
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| September 2025 | 13.28 | 133.48 | 1005 |
| October 2025 | 13.78 | 92.10 | 668 |
| November 2025 | 14.21 | 82.63 | 582 |
| December 2025 | 13.74 | 91.20 | 664 |
| January 2026 | 13.98 | 96.84 | 693 |
| February 2026 | 14.38 | 82.50 | 574 |
| March 2026 | 14.16 | 95.43 | 674 |
| April 2026 | 14.29 | 88.71 | 621 |
| May 2026 | 13.60 | 119.46 | 878 |
| June 2026 | 13.11 | 167.88 | 1281 |
| July 2026 | 12.77 | 207.12 | 1622 |
| August 2026 | 12.72 | 207.45 | 1631 |
Nevada vs the U.S. average
| Nevada | U.S. average | |
|---|---|---|
| Rate (August 2026) | 12.72¢/kWh | 18.16¢/kWh |
| Average monthly bill | $207.45 | $209.23 |
| Average monthly usage | 1631 kWh | 1152 kWh |
| Rate change, 1 year | +1.4% | +3.4% |
| Rate change, 5 years | +15.8% | +30.5% |
Nevada's average residential rate of 12.72¢/kWh for August 2026 ranks 1st of 51 (1 = lowest). Over the past year the rate moved +1.4% (Nevada) versus +3.4% nationally; over five years, +15.8% versus +30.5% nationally. Average usage of 1631 kWh/month compares with 1152 kWh nationally, which is why the bill and rate ranks can differ. For how Nevada's recent increase ranks against every other state (12-month, 3-year and 5-year changes), see electricity rate increases by state.
Largest utilities in Nevada
Average effective rates and bills for Nevada's largest utilities, from EIA Form 861-M (August 2026). Or find yours by ZIP code.
| Utility | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) | Residential customers |
|---|---|---|---|---|
| Nevada Power Co | 12.52 | 228.70 | 1,826 | 947,119 |
| Sierra Pacific Power Co | 13.21 | 124.67 | 944 | 338,695 |
Average bill = rate × average usage. Utilities with similar rates can show very different average bills because their customers' average usage differs (housing mix, heating fuel, climate).
Estimate a bill at Nevada rates
Worked example: 1,000 kWh at Nevada's average rate of 12.72¢/kWh is about $127.20. The state's actual average usage is 1631 kWh/month, which is what produces the $207.45 average bill. These are average effective rates including all charges; your utility's tariff will differ.
Wondering what's behind rising rates nationally? See Why is my electric bill so high?, our data-led explainer on demand growth, data centers, and grid costs. Also: Nevada gas prices and why they are what they are, and the cheapest way to heat a home by fuel and state.
Source: EIA retail sales data (residential sector, monthly), published with roughly a two-month lag. Rate = revenue ÷ sales; bill = revenue ÷ customers. We do not project unpublished months. See methodology.