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Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA retail sales · How we got these numbers · Report an error

Nevada residential electricity rates

Nevada residential electricity cost 15.00 cents per kWh in 2024, with 1,311,755 accounts buying 14.6 TWh.

In 2024 Nevada residential accounts paid 15.00 ¢/kWh, rank 23 of 51 and 9.0% below the U.S. residential price (16.48 ¢). A Nevada account using 930 kWh a month pays about $139. Since 2015 the Nevada price moved +17.6%.

Nevada sits 0.07 ¢ under West Virginia, the state above, and 0.06 ¢ over Texas, the state below. At 930 kWh a month, energy in Nevada costs 32 dollars more than in North Dakota, the cheapest residential state.

How it compares

Nevada residential
Residential price20242015ChangeBill
Nevada15.00 ¢/kWhthis state12.76 ¢/kWh+17.6%$139at 930 kWh
West Virginia (next above)15.07 ¢/kWh+0.07 ¢ against Nevada10.08 ¢/kWh+49.5%$140at 930 kWh
Texas (next below)Lowest in this table14.94 ¢/kWh-0.06 ¢ against Nevada11.56 ¢/kWh+29.2%$139at 930 kWh

Compare 7 Nevada companies

Nevada residential: 2025 and 2026

Nevada residential, data to July 2026.

Nevada 2025 average price
13.15 ¢/kWh-12.3% against 2024, U.S. +5.0%
Nevada 2025 rank
42 of 51-19 places against 2024
Nevada January to Jul 2026
13.53 ¢/kWh+2.6% on Jan-Jul 2025
Nevada Last 12 months
13.36 ¢/kWhto July 2026
Nevada July 2026
12.77 ¢/kWh+3.1% against July 2025
Nevada 2025 costliest month
Mar 14.43 ¢cheapest Jun 12.26 ¢, a 18% spread
Nevada Typical 2025 bill
$114 a monthtop Aug $183, low Nov $83

The Nevada residential price averaged 13.15 ¢/kWh in 2025, -12.3% on 2024: Nevada ran 17.3 points slower than the nation. From January to July 2026 the Nevada average is 13.53 ¢, +2.6% on 2025, 4.5 points below the U.S. change. Seasonality in Nevada: 2025 peaked in March at 14.43 ¢ and bottomed in June at 12.26 ¢. A typical residential account in Nevada paid about $1,373 for energy over 2025, from $83 in November to $183 in August; use per account ran 583 to 1,461 kWh a month.

Nevada residential price by month, 2024 to Jul 2026

Price by month, Nevada residential: 12 rows
Month202420252026 to Jul
Jan16.3713.8813.98
Feb16.6914.3014.38
Mar16.8114.4314.17
Apr16.5913.6614.29
May16.1813.2913.60
Jun15.5012.2613.11
Jul13.5612.3912.77
Aug13.7212.53No data
Sep14.0313.05No data
Oct14.6013.77No data
Nov15.2514.20No data
Dec14.8712.83No data

12 rows from EIA retail sales.

CSV

What a typical Nevada residential account paid each month

Nevada residential: use per account times price, energy only.

Typical bill by month, Nevada residential: 12 rows
Month20252026 to Jul
Jan10297
Feb8383
Mar8795
Apr8789
May111119
Jun151168
Jul176207
Aug183No data
Sep131No data
Oct92No data
Nov83No data
Dec85No data

12 rows from EIA retail sales.

CSV

Nevada residential charts

Residential price, Nevada and U.S.

Nevada 12.76 ¢ in 2015 and 15.00 ¢ in 2024, 1.48 ¢ under the national figure.

Nevada residential price vs U.S., 2015 to 2024: 10 rows
YearNevada residentialGap to U.S. residentialNevada commercial
201512.76+0.119.25
201611.41-1.147.93
201711.99-0.907.96
201811.85-1.027.74
201912.00-1.018.04
202011.34-1.817.45
202111.49-2.177.77
202213.78-1.2610.14
202316.67+0.6711.91
202415.00-1.4810.19

10 rows from EIA retail sales.

CSV

Annual change

Biggest move +21.0% in 2023; latest -10.0%.

% vs prior year

  1. -10.62016
  2. +5.12017
  3. -1.22018
  4. +1.32019
  5. -5.52020
  6. +1.32021
  7. +19.92022
  8. +21.02023
  9. -10.02024

Year-over-year change, Nevada residential price: EIA retail sales.

CSV

Analyst note

The Nevada residential price sat above the U.S. average in 2 of 10 years; the gap was +0.11 ¢ in 2015 and -1.48 ¢ in 2024. In the 2024 ranking Nevada sits between West Virginia (15.07 ¢) one place above and Texas (14.94 ¢) one place below; the top of the list is 27.86 ¢ away and the bottom 3.49 ¢. Nevada was 19th in 2015 with 12.76 ¢ and is 23rd now; a fall in the table. Nevada residential prices rose in 5 of 9 years. The largest rise was +21.0% in 2023, and the largest fall -10.6% in 2016. The Nevada price peaked at 16.67 ¢ in 2023 and bottomed at 11.34 ¢ in 2020; 2024 is 10.0% below the peak and +32.3% from the low. Compounded, that is +1.81% a year in Nevada, -1.17 points against the U.S. Nevada buys 0.99% of all U.S. residential electricity with 0.92% of the accounts, so the average Nevada account uses 1.08 times the national average.

A middle price: 15.00 ¢/kWh for Nevada residential accounts, rank 23 of 51, -9.0% against the U.S. Nevada: +17.6% over nine years, or +1.8% a year, trailing the national +30.3% by 12.7 points; 2023 was the biggest single move (+21.0%) and 2023 the high.

Last year's change in Nevada was -10.0% and falling. Against the commercial price of 10.19 ¢ the gap is 4.81 ¢. Residential sales are 36.0% of Nevada electricity sold, and an average Nevada account used 930 kWh a month, an implied bill near $139.

Counting revenue instead of kWh, Nevada residential accounts bring in 47.1% of Nevada sector revenue on 36.0% of the kWh, a premium of 11.1 points that comes from the price level: 15.00 ¢ here against 10.19 ¢ for commercial and 8.64 ¢ for industrial accounts. The average Nevada residential account uses 930 kWh a month, 22 of 51 among states on that measure; a commercial account uses 7.19 times as much and a industrial account 220.41 times. Residential accounts are 87.79% of the 1,494,281 accounts in Nevada.

Facts

Residential price 2024
15.00 ¢/kWh-9.0% against U.S.
Price in 2015
12.76 ¢/kWh+17.6% to 2024
Annual change
+1.8%-1.2 points vs U.S.
Rank
23 of 5128 states cost less
Gap to U.S.
-1.48 ¢$13.76 a month
Peak year
202316.67 ¢; 2020 low 11.34 ¢
Sales
14.6 TWh36.0% of state sales
Residential accounts
1,311,755417.62 per 1,000 residents
Use per account
930 kWh/mo11,154 a year
Implied monthly bill
$139-$14 against U.S. rate

Data tables

Nevada, residential: price by year

YearNevadaU.S.ChangeGapRatio
201512.7612.65No data+0.111.009
201611.4112.55-10.6%-1.140.909
201711.9912.89+5.1%-0.900.930
201811.8512.87-1.2%-1.020.921
201912.0013.01+1.3%-1.010.922
202011.3413.15-5.5%-1.810.862
202111.4913.66+1.3%-2.170.841
202213.7815.04+19.9%-1.260.916
202316.6716.00+21.0%+0.671.042
202415.0016.48-10.0%-1.480.910

Nevada residential: cost by use

Monthly kWhNevada cost a monthGap to U.S. rate in Nevada
230 (0.25x the Nevada account)$34.50-$3.40
460 (0.5x the Nevada account)$69.00-$6.81
930 (1x the Nevada account)$139.50-$13.76
1,390 (1.5x the Nevada account)$208.50-$20.57
1,860 (2x the Nevada account)$279.00-$27.53
3,720 (4x the Nevada account)$558.00-$55.06

Nevada: the three sectors measured against residential

SectorNevada price ¢/kWhPrice vs residentialNevada kWh per account a monthUse vs residentialNevada revenue shareNevada kWh share
Residential (this page)15.001.00x9301.00x47.1%36.0%
Commercial10.190.68x6,6857.19x31.2%35.1%
Industrial8.640.58x204,872220.41x21.8%28.9%

Questions on Nevada residential

How much per kWh do Nevada residential customers pay: 15.00 cents on average?

15.00 cents in 2024, -9.0% against the U.S. rate.

Is Nevada cheap or costly for residential power?

23rd of 51, with 28 places charging less.

What is the nine-year price trend for Nevada residential power?

12.76 to 15.00 cents: +17.6% in total, +1.8% a year.

What is a typical monthly residential bill in Nevada?

930 kWh at 15.00 cents, price times use, comes to $139.

How many residential electricity accounts does Nevada have?

1,311,755 accounts, or 417.62 per 1,000 residents.

When were Nevada residential prices highest since 2015?

2023 at 16.67 cents; the low was 11.34 cents in 2020.

What did Nevada residential electricity cost in 2025?

Nevada averaged 13.15 cents per kWh, -12.3% against 15.00 in 2024, and 42 of 51 among states.

Are Nevada residential electricity prices rising in 2026?

Nevada is -4.5 points against the U.S.: 13.53 cents from January to July 2026, +2.6% on 2025.

When in 2025 did Nevada residential power cost most, March or June?

March at 14.43 cents in Nevada; June was the lowest at 12.26, a 18% spread.

Does Nevada residential power cost less than the national average in 2026?

4.69 cents below the national average; Nevada 13.53 cents over January to July 2026, +2.6% on 2025.

More on Nevada residential

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In 2024 Nevada residential accounts paid 15.00 ¢/kWh, rank 23 of 51 and 9.0% below the U.S. residential price (16.48 ¢).