Independent resource. Not affiliated with any utility or energy provider. Data sourced from the U.S. Energy Information Administration.Verified May 2026

Nevada Electricity Cost 2026: 14.20¢/kWh

Nevada residential electricity rates average 14.20 cents per kWh in 2026, -21.3% vs the 18.05¢ US national average. The state operates a regulated retail market with natural gas/solar as the primary generation source.

State Rate

14.20

cents/kWh

Monthly Bill

$126

at 886 kWh

vs National

-21.3%

national avg 18.05¢

Rank (cheapest first)

24/50

YoY change +4.0%

Market Type

Regulated

Supply rate set by state PUC

Primary Generation

Natural Gas/Solar

per EIA State Energy Profile

Annual Bill (avg usage)

$1,510

vs national $1,919

Nevada electricity market

Regulated state served by NV Energy (a Berkshire Hathaway subsidiary covering most of the state). Generation mix is shifting fast from natural gas toward solar; Nevada has some of the strongest utility-scale solar resource in the US.

Where Nevada residents save

Limited retail competition for very large customers only. Residential households should evaluate TOU rates (NV Energy offers an optional time-varying plan) and rooftop solar; the state's net-metering framework has stabilized after several policy cycles.

Primary utilities

  • NV Energy
  • Valley Electric Association
  • Nevada PUC

Nevada bill estimates by usage

Home ProfileMonthly kWhMonthly BillAnnual Bill
Apartment500$71$852
Small house750$106$1,278
Average household886$126$1,510
Large house1200$170$2,045
Large house + EV1500$213$2,556

Estimates use the Nevada state-average rate of 14.20¢/kWh from EIA data. Your actual bill includes delivery charges, customer-service fees, and state/local taxes already blended into this retail rate, plus any locality-specific surcharges not captured at the state-average level.

Related

National context. US average residential rate 2026: 18.05¢/kWh. Cheapest state: Idaho at 10.65¢. Most expensive: Hawaii at 43.18¢. Source: U.S. Energy Information Administration. See /methodology for sourcing and limitations.

Updated 2026-05-11