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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.

15.0¢average price per kWh
930 kWhaverage use per month
$140average monthly bill
#23 of 51price rank (1 = most expensive)

Residential rates by utility in Nevada

Utility¢/kWhZIP codes served
Nevada Power Co17.3118
Sierra Pacific Power Co16.197
Mt Wheeler Power, Inc8.121
Valley Electric Assn, Inc18.018
Overton Power District No 510.712
Wells Rural Electric Co9.98
Surprise Valley Electrification11.05
City of Boulder City10.13
Raft Rural Elec Coop Inc9.92

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.

8.4 kWsystem for an average home (21 panels)
$25,200rough installed cost
$1,674electricity saved per year
~15 yearssimple payback

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).