Electricity rates › Nevada
Nevada electricity rates
Homes in Nevada pay an average of 15.0¢ per kWh, 9% below the US average, and use 930 kWh a month. Nevada ranks #23 of 51 for residential electricity prices.
Residential rates by utility in Nevada
| Utility | ¢/kWh | ZIP codes served |
|---|---|---|
| Nevada Power Co | 17.3 | 118 |
| Sierra Pacific Power Co | 16.1 | 97 |
| Mt Wheeler Power, Inc | 8.1 | 21 |
| Valley Electric Assn, Inc | 18.0 | 18 |
| Overton Power District No 5 | 10.7 | 12 |
| Wells Rural Electric Co | 9.9 | 8 |
| Surprise Valley Electrification | 11.0 | 5 |
| City of Boulder City | 10.1 | 3 |
| Raft Rural Elec Coop Inc | 9.9 | 2 |
Average residential rates for full-service utilities, from NREL’s utility rates by ZIP code (2023). In areas with retail choice, your price depends on the plan you pick.
Is solar worth it in Nevada?
At 15.0¢ per kWh, every 1,000 kWh your roof makes and you use yourself is worth about $150. A system that covers the average Nevada home would replace about 11,160 kWh a year, roughly $1,674 of electricity at today’s prices.
Assumes a typical 1,350 kWh per kW of panels a year and $3.00/W installed, before incentives and price increases. Your roof’s direction, pitch and shade change these numbers; the estimator measures them for your address.
Plan solar for your Nevada home
State figures: EIA Table 5A, 2024 Average Monthly Bill - Residential (forms EIA-861, 861S, 861U).