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EnergySavings · Nevada · Utility

Nevada Power Co: what its customers actually pay

Data as of: EIA-861 annual 2024 (released 2025) · EIA monthly state prices February 2026 · EIA weekly heating-fuel survey Mar 30, 2026 · retail-choice registry reviewed Jun 2026 · URDB tariffs pulled Jun 2026. Page generated 2026-06-12.

Nevada Power Co residential customers paid an average of 15.33¢/kWh in 20242% above the Nevada average of 15.00¢/kWh (EIA-861). It served 916,385 residential customers across 2 NV counties. Territories are fixed by address, but the cheapest nearby utility, Mt Wheeler Power (8.50¢), works out about $738/yr less at 10,800 kWh/yr.

How Nevada Power compares with the utilities next door

Utilities filing EIA-861 service territory in at least one county that Nevada Power also serves — average residential ¢/kWh (EIA-861 2024) and annual cost difference vs Nevada Power at 10,800 kWh/yr
Utility2024 ¢/kWhCustomersΔ 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)

Counties served by Nevada Power Co: cheapest bundled utility operating in the same county and the annual difference at 10,800 kWh/yr (EIA-861 2024)
CountyCheapest utility in countyTheir ¢/kWhNevada Power premium, $/yr
NyeMt Wheeler Power, Inc8.50 +$738
ClarkCity of Boulder City10.37 +$535

Multiple utilities in one county means adjoining territories, not household choice — you cannot switch wires companies.

Rate trend and size

Nevada Power Co residential average price and customers, EIA-861 2023 vs 2024
Metric20232024Change
Average price, ¢/kWh17.2715.33-11.2%
Residential customers899,223916,385+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.
About these numbers. Rates shown are averages computed from federal regulatory filings (EIA Form 861) and public tariff databases — confirm with your utility before making decisions; your actual rate depends on your tariff, usage, and riders. Distribution utility is determined by address and generally cannot be chosen; in retail-choice states you may choose your supplier for the supply portion of the bill. Savings figures use 10,800 kWh/yr (US average residential usage) and are estimates, not quotes. EnergySavings is an independent data project by CertiHomes and is not affiliated with any utility, supplier, or government agency.