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

Nevada Electricity Cost 2026: 14.29¢/kWh

Nevada residential electricity rates average 14.29 cents per kWh in 2026, -24.1% vs the 18.83¢ US national average. The state operates a regulated retail market with natural gas/solar as the primary generation source.

State Rate

14.29

cents/kWh

Monthly Bill

$123

at 863 kWh

vs National

-24.1%

national avg 18.83¢

Rank (cheapest first)

10/50

YoY change +4.6%

Market Type

Regulated

Supply rate set by state PUC

Primary Generation

Natural Gas/Solar

per EIA State Energy Profile

Annual Bill (avg usage)

$1,480

vs national $1,950

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$857
Small house750$107$1,286
Average household863$123$1,480
Large house1200$171$2,058
Large house + EV1500$214$2,572

Estimates use the Nevada state-average rate of 14.29¢/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

Nevada electricity cost FAQ

What is the average residential electricity price in Nevada in 2026?
The average residential electricity price in Nevada is 14.29 cents per kWh in 2026, 24.1 percent below the 18.83 cent US average. Figure from the U.S. Energy Information Administration (EIA Electric Power Monthly, April 2026).
What is the average monthly electric bill in Nevada?
At the US-average household usage of 863 kWh per month, a Nevada electric bill comes to about $123 per month ($1,480 per year) at the 14.29 cent state-average rate. Your bill scales with usage: a 500 kWh apartment runs about $71 and a 1,200 kWh large home about $171.
Can I choose my electricity supplier in Nevada?
No. Nevada is a regulated market: the supply rate is set by the state public utility commission and you cannot switch to a competing supplier. Savings come from usage reduction, time-of-use plans where offered, and efficiency upgrades rather than supplier shopping.
National context. US average residential rate 2026: 18.83¢/kWh. Cheapest state: North Dakota at 12.35¢. Most expensive: Hawaii at 46.62¢. Source: U.S. Energy Information Administration. See /methodology for sourcing and limitations.

Updated 2026-06-10