Nevada Electricity Rates and Average Bill
Data through July 2026 (the latest month EIA has published) · Updated October 13, 2026
As of July 2026, the average residential electricity rate in Nevada is 12.77¢/kWh (the 2nd-lowest in the U.S.) and the average monthly bill is $207.12, per EIA data. That rate is 5.5¢ below the U.S. average of 18.31¢/kWh.
Rate trend, last three years
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| August 2025 | 12.53 | 183.05 | 1461 |
| September 2025 | 13.05 | 131.51 | 1007 |
| October 2025 | 13.77 | 92.23 | 670 |
| November 2025 | 14.20 | 82.75 | 583 |
| December 2025 | 12.83 | 85.33 | 665 |
| January 2026 | 13.98 | 96.84 | 693 |
| February 2026 | 14.38 | 82.50 | 574 |
| March 2026 | 14.17 | 95.09 | 671 |
| April 2026 | 14.29 | 88.71 | 621 |
| May 2026 | 13.60 | 119.46 | 878 |
| June 2026 | 13.11 | 167.88 | 1281 |
| July 2026 | 12.77 | 207.12 | 1622 |
Nevada vs the U.S. average
| Nevada | U.S. average | |
|---|---|---|
| Rate (July 2026) | 12.77¢/kWh | 18.31¢/kWh |
| Average monthly bill | $207.12 | $212.44 |
| Average monthly usage | 1622 kWh | 1160 kWh |
| Rate change, 1 year | +3.1% | +4.9% |
| Rate change, 5 years | +17.7% | +32.4% |
Nevada's average residential rate of 12.77¢/kWh for July 2026 ranks 2nd of 51 (1 = lowest). Over the past year the rate moved +3.1% (Nevada) versus +4.9% nationally; over five years, +17.7% versus +32.4% nationally. Average usage of 1622 kWh/month compares with 1160 kWh nationally, which is why the bill and rate ranks can differ. For how Nevada's recent increase ranks against every other state (12-month, 3-year and 5-year changes), see electricity rate increases by state.
Largest utilities in Nevada
Average effective rates and bills for Nevada's largest utilities, from EIA Form 861-M (July 2026). Or find yours by ZIP code.
| Utility | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) | Residential customers |
|---|---|---|---|---|
| Nevada Power Co | 12.62 | 230.22 | 1,824 | 947,503 |
| Sierra Pacific Power Co | 13.39 | 125.73 | 939 | 338,749 |
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
Worked example: 1,000 kWh at Nevada's average rate of 12.77¢/kWh is about $127.70. The state's actual average usage is 1622 kWh/month, which is what produces the $207.12 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.