How Nevada Power compares with the utilities next door
| Utility | 2024 ¢/kWh | Customers | Δ vs Nevada Power, ¢/kWh | $/yr difference |
|---|---|---|---|---|
| Mt Wheeler Power, Inc | 8.50 | 5,169 | -6.83 | -$738 |
| City of Boulder City | 10.37 | 7,145 | -4.96 | -$535 |
| Overton Power District No 5 | 10.69 | 15,545 | -4.64 | -$501 |
| Sierra Pacific Power Co | 14.52 | 330,891 | -0.81 | -$88 |
| Nevada Power Co (this page) | 15.33 | 916,385 | — | — |
| Valley Electric Assn, Inc | 16.73 | 22,368 | +1.39 | +$151 |
5 bundled utilities (≥5,000 customers) share at least one county with Nevada Power. Positive $/yr = that utility's customers pay more than Nevada Power customers at the same usage. Territories are fixed by address — these gaps measure cost differences between areas, not options you can pick between.
Where Nevada Power customers pay more (county benchmark)
| County | Cheapest utility in county | Their ¢/kWh | Nevada Power premium, $/yr |
|---|---|---|---|
| Nye | Mt Wheeler Power, Inc | 8.50 | +$738 |
| Clark | City of Boulder City | 10.37 | +$535 |
Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies.
Rate trend and size
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Average price, ¢/kWh | 17.27 | 15.33 | -11.2% |
| Residential customers | 899,223 | 916,385 | +1.9% |
Ownership: Investor Owned. Statewide context: Nevada electricity rates.
Supply vs delivery on a Nevada Power bill
Nevada is a regulated retail market — Nevada Power customers cannot choose a different supplier; rates are set in utility-commission proceedings. Official information: puc.nv.gov.
Counties served (NV, EIA-861 2024)
Clark · Nye
Head-to-head comparisons
Questions people ask
- Is Nevada Power Co more expensive than other Nevada utilities?
- Nevada Power Co customers paid an average 15.33 cents/kWh in 2024 — 2% above the Nevada volume-weighted average of 15.00 cents (EIA-861, bundled residential service).
- Can I switch away from Nevada Power Co?
- No — distribution territory is fixed by address and Nevada has no residential supplier shopping. Rate changes go through the state utility commission (puc.nv.gov).
- How many customers does Nevada Power Co have?
- 916,385 residential customers in Nevada in 2024 across 2 counties, per its EIA-861 federal filing. Ownership type: investor-owned.