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Nevada Electricity Prices

Average retail price by sector.

Residential
12.72¢ /kWh
▲ 1.5%vs. last year
Commercial
9.80¢ /kWh
▼ 3.8%vs. last year
Industrial
10.20¢ /kWh
▲ 4.2%vs. last year

Data current through August 2026 — the latest available from the U.S. EIA, which publishes monthly figures on a roughly two-month delay.

Average monthly bill

Full bill breakdown →
$122per month▲ 0.3% vs. the year before

13.37¢/kWh × 909 kWh a month. Residential revenue divided by residential customers, averaged over the 12 months to August 2026 — the 43rd highest among the 50 states and DC.

Compared with the U.S. and neighboring states

Average monthly residential electricity bill, in US dollars
Nevada
$122
U.S. average
$158
California
$164
Arizona
$163
Oregon
$131
Idaho
$116
Utah
$105

Nevada is $37 a month below (-23.3%) the U.S. average of $158. Average monthly bill, September 2025 – August 2026.

How Nevada makes its electricity

Fuel mix & trend since 2001 →Power plants →
Renewable
42.1%
Carbon-free
42.1%
Largest source
Natural gas 55%
Nevada electricity generation by source, September 2025 – August 2026
SourceShareGeneration
Natural gas55.1%25,673 GWh
Coal3.4%1,564 GWh
Nuclear0.0%0 GWh
Wind0.6%300 GWh
Solar30.0%13,973 GWh
Hydro2.9%1,358 GWh
Other7.9%3,691 GWh

46.6 TWh of net generation over the 12 months to August 2026. Generation, not consumption — power crosses state lines.

Nevada electricity prices in context

Nevada's residential electricity rate stands at 12.72¢/kWh as of August 2026, the lowest among the 50 states and DC. This price sits 5.44¢/kWh below the US average of 18.16¢/kWh, a difference of 30%. Compared with bordering states, Nevada undercuts Oregon at 15.92¢/kWh, Arizona at 15.05¢/kWh, Idaho at 13.37¢/kWh, and Utah at 13.31¢/kWh, though it remains far cheaper than California at 29.75¢/kWh. Commercial and industrial rates follow a similar pattern at 9.80¢/kWh and 10.20¢/kWh respectively.

Over five years since August 2021, the residential rate has risen from 10.98¢/kWh, an increase of 15.8%. The twenty-year change since August 2006 mirrors this trajectory, climbing from 10.95¢/kWh by 16.2%. From the records beginning in January 2001, when the rate was 7.55¢/kWh, the cumulative rise reaches 68.5%. Nevada's current rate sits well below its record high of 17.59¢/kWh in April 2023, though substantially above its historical low of 7.55¢/kWh from January 2001.

The typical Nevada household pays $122 monthly for 909 kWh of usage. Nationally, the average bill is $158 for 876 kWh per month. Nevada residents consume more electricity than the national average while paying considerably less, reflecting the state's position as among the nation's most affordable electricity markets.

Written from the EIA figures on this page, covering data through August 2026.

12-month trend

ResidentialCommercialIndustrial
6¢8¢10¢12¢14¢16¢Sep '25Dec '25Mar '26May '26Aug '26ResidentialIndustrialCommercial

Price history since 2001

ResidentialCommercialIndustrial
0¢5¢10¢15¢20¢Jan '01Jun '07Nov '13Mar '20Aug '26ResidentialIndustrialCommercial

Average retail price in all three sectors, every month since January 2001.

Residential

Jan '01
7.55¢
Now
12.72¢
Change
▲ 68.5%
Range
7.55–17.59¢

Recent months

MonthResidentialCommercialIndustrial
August 202612.729.8010.20
July 202612.779.7210.04
June 202613.119.8310.16
May 202613.609.077.61
April 202614.298.997.57
March 202614.179.067.66
February 202614.388.967.51
January 202613.989.107.69
December 202512.838.957.32
November 202514.209.237.65
October 202513.778.917.24
September 202513.0510.2210.10

Prices in ¢/kWh.

Frequently asked questions

›How much does electricity cost in Nevada?
Residential electricity in Nevada costs 12.72¢ per kilowatt-hour as of August 2026, the 51st highest rate among the 50 states and DC. Commercial customers pay 9.80¢ and industrial customers 10.20¢ per kilowatt-hour.
›Why is electricity relatively cheap in Nevada?
Nevada's residential rate of 12.72¢/kWh is -29.6% versus the U.S. average of 18.07¢/kWh. What a household actually pays also depends on how much it uses: the typical Nevada home consumes 909 kWh a month against a national average of 876 kWh, which is why its average bill comes to $122.
›Have electricity prices in Nevada gone up?
Residential electricity in Nevada has risen 68.5% since 2001, reaching 12.72¢/kWh in August 2026. Over the last year alone the change was +1.5%.
›Is electricity cheaper in states neighboring Nevada?
Of the states bordering Nevada, Utah has the lowest average monthly bill at $105 and California the highest at $164. Nevada averages $122 a month, against a U.S. average of $158.