Utilities listed
9
Nevada, 2025
Homes counted
1.34 million
Residential customers
Average price
13.26 cents
Per kWh, Nevada
Average bill
$115.07
Per month
Utilities serving Nevada homes
| Utility | Type | Homes in NV | Cents per kWh | Monthly bill |
|---|---|---|---|---|
| NV Energy (Nevada Power) | Investor-owned | 933,357 | 13.08 | $114.92 |
| Sierra Pacific Power (NV Energy) | Investor-owned | 334,961 | 13.65 | $90.55 |
| Valley Electric Association | Cooperative | 22,728 | 15.33 | $173.12 |
| Overton Power District No. 5 | Public power district | 15,852 | 12.46 | $142.49 |
| City of Boulder City | Municipal | 7,157 | 10.67 | $118.99 |
| Mt Wheeler Power | Cooperative | 5,175 | 9.45 | $120.15 |
| Wells Rural Electric | Cooperative | 4,653 | 10.27 | $104.77 |
| Raft Rural Electric Cooperative | Cooperative | 1,568 | 10.68 | $119.41 |
| Surprise Valley Electrification | Cooperative | 6 | 13.38 | $132.85 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Homes in NV counts only the customers in this state. Price and bill cover the utility's whole territory and bundled customers only. Delivery only means the utility carries power but does not sell it.
Who owns Nevada's electric companies
| Type | Utilities | Homes in NV | Share of homes |
|---|---|---|---|
| Investor-owned utility | 2 | 1,268,318 | 95.7% |
| Municipal utility | 1 | 7,157 | 0.5% |
| Electric cooperative | 5 | 34,130 | 2.6% |
| Public power district | 1 | 15,852 | 1.2% |
Each type is run differently. An investor-owned company answers to shareholders and a state commission. A municipal utility answers to a city. A cooperative answers to its members. That is why the same state can have very different prices and service from one address to the next.
What Nevada utilities charge, by type
| Type | Utilities with a price | Average cents per kWh |
|---|---|---|
| Investor-owned utility | 2 | 13.20 |
| Municipal utility | 1 | 10.67 |
| Electric cooperative | 5 | 13.31 |
| Public power district | 1 | 12.46 |
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Customer-weighted average of the prices utilities report for bundled residential service. It leaves out delivery-only customers and retail providers.
Outside the investor-owned companies, the largest municipal utility is City of Boulder City (7,157 homes), and the largest electric cooperative is Valley Electric Association (22,728 homes), and the largest public power district is Overton Power District No. 5 (15,852 homes).
Price differences between types come from costs, customer density and the way each type is financed, so a lower average does not decide which is better for your home.
Utilities with full profiles
These Nevada utilities are among the 600 largest in the country, and each has a profile with its service area, reliability and rate options.
How Nevada compares
The statewide average residential price is 13.26 cents per kWh and the average bill is $115.07 a month. See the full breakdown, rankings and neighbors on the Nevada electricity rates page. Among utilities with at least 10,000 bundled residential customers, average prices ran from 12.46 cents at Overton Power District No. 5 to 15.33 cents at Valley Electric Association.
Can you switch electric companies in Nevada?
Most households cannot choose. The company that serves your address is set by where you live. Regulation and complaints go through the Public Utilities Commission of Nevada.
Find yours
Not sure which one serves you?
Nevada electric company questions
Who is the largest electric company in Nevada?
NV Energy (Nevada Power) serves the most residential customers in Nevada, about 933 thousand homes in 2025 (EIA Form EIA-861).
How many electric utilities are there in Nevada?
EIA lists 9 electric utilities with residential customers in Nevada for 2025. Most households are served by a handful of the largest ones.
Which Nevada utility has the lowest average price?
Among Nevada utilities with at least 10,000 bundled residential customers, Overton Power District No. 5 had the lowest average residential price in 2025 at 12.46 cents per kWh and Valley Electric Association had the highest at 15.33 cents. Prices reflect the utility's costs and customer mix, so a lower price does not mean better service.
Can I choose my electric company in Nevada?
Usually not. Households in Nevada buy electricity from the utility, municipal system or cooperative that serves their address.