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NV Energy (Southern Nevada) electric rates

Updated October 7, 2026 · Source: EIA Form 861 (2024), 25-02016

Investor-owned utility serving 916,385 homes in Nevada.

Your rate

15.33¢per kWh, average residential rate 7% lower than the U.S. average (16.4¢)
$134average monthly bill at the current tariff$1,610 a year
958kWh used per month, average home
+32%rate change since 2020U.S. average: +28%

Estimate your bill

It's on your bill, usually near the top. Starting at 958 kWh, the average for NV Energy (Southern Nevada) homes.

kWh
$134 a month
$18 fixed charge + 12.1¢ × 958 kWh

This is an estimate. Tariff: $18.00 fixed + 12.1¢/kWh effective January 1900 (source). NV Energy South (Nevada Power) residential single-family Schedule RS. UNCERTAIN: nvenergy.com rate pages did not render and the tariff PDF was not located; figures are from a secondary tariff snapshot (verified Aug 15 2026): basic service charge ~$18.00/mo, energy ~12.13 c/kWh (blended ~11.8c; EIA 2024 average 15.33c). Energy has summer/winter seasonal components and deferred energy/other riders; effective date unknown. Your bill also includes taxes and fuel adjustments that change month to month.

Rate cases

DocketStatusFiledRequestedApprovedEffective
25-02016ApprovedFebruary 1, 202510.76% ($215.7M)—October 1, 2025

25-02016: Nevada Power sought $215.7 million (later $224 million), about $33.10 or 10.76% more per month for a typical residential customer, plus a mandatory residential demand charge. The PUCN approved an order on September 16, 2025 cutting the request by more than a third (about $146-148 million), including Greenlink transmission costs, with the demand charge starting April 2026. Filing month and rate effective date are approximate. Source

Rate history

NV Energy (Southern Nevada)'s average rate is up 32% since 2020, versus +28% for the U.S. average.

11.6¢ 2020 11.6¢ 2021 14.1¢ 2022 17.3¢ 2023 15.3¢ 2024 U.S. avg

Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.

Rebates for heat pumps, batteries and EV chargers

We haven't found utility-level rebates for NV Energy (Southern Nevada) yet. Check Nevada programs or read what's left after the federal credits ended.

About NV Energy (Southern Nevada)

Legal name
Nevada Power Co (Berkshire Hathaway Energy)
Ownership
Investor Owned
Homes served
916,385 residential customers (2024)
Grid operator
NEVP
Retail choice
No — one bundled rate
Data
EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026

Other utilities in Nevada

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