Nevada Electricity Rates and Average Bill

Data through May 2026 (the latest month EIA has published) · Updated August 14, 2026

As of May 2026, the average residential electricity rate in Nevada is 13.60¢/kWh (the 5th-lowest in the U.S.) and the average monthly bill is $119.46, per EIA data. That rate is 4.8¢ below the U.S. average of 18.44¢/kWh.

Average rate
13.60¢/kWh
+2.3% year over year
Average bill
$119.46
+7.6% year over year
Average usage
878 kWh/mo
vs 736 U.S. average
Rate rank
#5
of 51 (1 = lowest rate)

Rate trend, last three years

View this chart as a table (last 12 months)
MonthRate (¢/kWh)Avg bill ($/mo)Avg usage (kWh/mo)
June 202512.26150.931231
July 202512.39176.481425
August 202512.53183.051461
September 202513.05131.511007
October 202513.7792.23670
November 202514.2082.75583
December 202512.8385.33665
January 202613.9896.84693
February 202614.3882.50574
March 202614.1795.09671
April 202614.2988.71621
May 202613.60119.46878

Nevada vs the U.S. average

NevadaU.S. average
Rate (May 2026)13.60¢/kWh18.44¢/kWh
Average monthly bill$119.46$135.70
Average monthly usage878 kWh736 kWh
Rate change, 1 year+2.3%+6.2%
Rate change, 5 years+22.3%+33.0%

Nevada's average residential rate of 13.6¢/kWh for May 2026 ranks 5th of 51 (1 = lowest). Over the past year the rate moved +2.3% (Nevada) versus +6.2% nationally; over five years, +22.3% versus +33.0% nationally. Average usage of 878 kWh/month compares with 736 kWh nationally, which is why the bill and rate ranks can differ.

Largest utilities in Nevada

Average effective rates and bills for Nevada's largest utilities, from EIA Form 861-M (May 2026). Or find yours by ZIP code.

UtilityRate (¢/kWh)Avg bill ($/mo)Avg usage (kWh/mo)Residential customers
Nevada Power Co 13.48124.55924943,047
Sierra Pacific Power Co 14.6183.55572337,908

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

1,000 kWh × 13.60¢ ≈ $136.00

Worked example: 1,000 kWh at Nevada's average rate of 13.60¢/kWh is about $136.00. The state's actual average usage is 878 kWh/month, which is what produces the $119.46 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.