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Nevada Electricity Prices

Average retail price by sector. Latest data: May 2026.

Residential
13.60¢ /kWh
2.3%vs. last year
Commercial
9.06¢ /kWh
10.4%vs. last year
Industrial
7.61¢ /kWh
11.3%vs. last year

Average monthly bill

Full bill breakdown →
$115per month 12.8% vs. the year before

13.22¢/kWh × 872 kWh a month. Residential revenue divided by residential customers, averaged over the 12 months to May 2026 — the 45th highest among the 50 states and DC.

Compared with the U.S. and neighboring states

Average monthly residential electricity bill, in US dollars
Nevada
$115
U.S. average
$155
Arizona
$160
California
$160
Oregon
$132
Idaho
$111
Utah
$102

Nevada is $40 a month below (-25.8%) the U.S. average of $155. Average monthly bill, June 2025 – May 2026.

How Nevada makes its electricity

Fuel mix & 10-year trend →Power plants →
Renewable
43.7%
Carbon-free
43.7%
Largest source
Natural gas 52%
Nevada electricity generation by source, June 2025 – May 2026
SourceShareGeneration
Natural gas52.4%23,414 GWh
Coal4.4%1,977 GWh
Nuclear0.0%0 GWh
Wind0.7%315 GWh
Solar31.0%13,837 GWh
Hydro3.1%1,391 GWh
Other8.3%3,726 GWh

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

Nevada electricity prices in context

Nevada's residential electricity rate stands at 13.60¢/kWh as of May 2026, making it the 47th most expensive among the 50 states and DC. This is substantially below the national average of 18.44¢/kWh, a difference of 4.84¢/kWh or 26.3%. Among its bordering states, Nevada ranks between Utah at 12.96¢/kWh and Arizona at 15.23¢/kWh, considerably lower than California's 33.25¢/kWh but higher than Idaho's 12.35¢/kWh and Oregon's 16.27¢/kWh.

Over the past five years since May 2021, Nevada's rate has climbed 22.3%, rising from 11.12¢/kWh. The longer twenty-year view shows similar growth: the rate has increased 20.4% since May 2006, when it was 11.30¢/kWh. Since records began in January 2001 at 7.55¢/kWh, the increase totals 80.1%. The state's record high came in April 2023 at 17.59¢/kWh; the record low matches the January 2001 baseline of 7.55¢/kWh.

A typical Nevada household pays $115 per month for 872 kWh of electricity, compared with the national average bill of $155 for similar usage of 871 kWh. Despite a rate well below the national figure, Nevada customers use slightly more electricity than the national average. Commercial and industrial rates stand at 9.06¢/kWh and 7.61¢/kWh respectively, also below national levels.

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

12-month trend

ResidentialCommercialIndustrial
6.7¢8.7¢11¢13¢15¢Jun '25Sep '25Dec '25Feb '26May '26ResidentialCommercialIndustrial

Residential history since 2001

6.7¢9.7¢13¢15¢18¢Jan '01May '07Sep '13Jan '20May '26
Jan '01
7.55¢
Now
13.60¢
Change
80.1%
Range
7.5517.59¢

Recent months

MonthResidentialCommercialIndustrial
May 202613.609.067.61
April 202614.298.997.58
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
August 202512.5310.199.79
July 202512.3910.149.83
June 202512.268.799.46

Prices in ¢/kWh.

Frequently asked questions

How much does electricity cost in Nevada?
Residential electricity in Nevada costs 13.60¢ per kilowatt-hour as of May 2026, the 47th highest rate among the 50 states and DC. Commercial customers pay 9.06¢ and industrial customers 7.61¢ per kilowatt-hour.
Why is electricity relatively cheap in Nevada?
Nevada's residential rate of 13.60¢/kWh is -23.8% versus the U.S. average of 17.84¢/kWh. What a household actually pays also depends on how much it uses: the typical Nevada home consumes 872 kWh a month against a national average of 871 kWh, which is why its average bill comes to $115.
Have electricity prices in Nevada gone up?
Residential electricity in Nevada has moved +80.1% since 2001, reaching 13.60¢/kWh in May 2026. Over the last year alone the change was +2.3%.
Is electricity cheaper in states neighboring Nevada?
Of the states bordering Nevada, Utah has the lowest average monthly bill at $102 and Arizona the highest at $160. Nevada averages $115 a month, against a U.S. average of $155.