NV Energy is a public utility company that provides electricity to over 1.4 million customers in the state of Nevada. The company was formed in 1999 after the merger of Nevada Power Company and Sierra Pacific Power Company. NV Energy operates a diverse portfolio of energy resources including natural gas, coal, and renewable energy sources like solar, wind, and geothermal. The company owns and operates over 50 power plants and maintains a vast network of transmission and distribution lines that span over 45,000 miles. NV Energy is committed to providing reliable and affordable energy to its customers while reducing its carbon footprint and promoting sustainable energy practices. The company also offers various energy efficiency programs and incentives to help customers conserve energy and save money on their energy bills.
NV Energy's energy comes from natural gas, solar, and geothermal. Natural Gas is the largest source of electricity, providing 77% of NV Energy's energy. Solar is the second largest source, making up 14%. Geothermal provides 9% of NV Energy's electricity.
77%
Natural Gas
14%
Solar
9%
Geothermal
The average electricity rate for NV Energy customers is 11.62 cents/kWh. NV Energy has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Optional Residential Service Time of Use | TOU | 8¢ to 50¢ |
| Residential Service | Fixed | 12¢ |
| Optional Large Residential Service Time of Use | TOU | 9¢ to 42¢ |
| Optional Large Residential Service – Daily Demand Pricing | TOU | 5¢ to 22¢ |
| Optional Residential Service – Daily Demand Pricing | TOU | 5¢ to 24¢ |
| Residential Service-Multi Family | Fixed | 11¢ |
| Optional Residential Service – Multi Family – Daily Demand Pricing | TOU | 4¢ to 10¢ |
| Large Residential Service | Fixed | 11¢ |
| Optional Multi-Family Residential Service Time of Use | TOU | 8¢ to 38¢ |
In 2021, the average NV Energy customer lost electricity one time for a duration of 121 minutes. In total, the average NV Energy customer had their electricity out for about 82 minutes during the whole year.
NV Energy can help you upgrade appliances and smart devices in your home.
| incentive | savings | utility | |
| Light Bulbs | $1 to $5 | NV Energy | See Details |
Systems up to 25 kW: monthly net excess generation credited at a rate equal to 75% of retail rate Systems larger than 25 kW and up to 1 MW: Monthly netting at the retail rate. Any credits that exceed the customer's monthly bill will be carried over to the next billing period indefinitely.
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