Nevada · Investor Owned

Sierra Pacific Power Co Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

14.52¢
Avg residential price / kWh
330.9K
Residential customers
-3.1%
vs Nevada average
$1,196
Implied avg annual bill

Sierra Pacific Power Co charged an average of 14.52¢ per kWh to residential customers in 2024 - close to the Nevada average and below the US average.

Sierra Pacific Power Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Nevada customer-weighted average (-3.1%). Its customers used below the national residential norm at about 8,239 kWh a year each.

How this price compares

Ranked by price against the 15 utilities reporting residential rates in Nevada, Sierra Pacific Power Co comes 11th of 15. The state's range runs from Mt Wheeler Power, Inc at 8.50¢ to Palmetto Solar, LLC at 40.00¢, so where a household sits inside Nevada depends far more on which utility serves it than on the statewide average alone.

Against the 1 other investor owned utilities reporting in Nevada, which averaged 15.33¢, Sierra Pacific Power Co is close to its own ownership class within the state (-5.3%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 15 reporting utilities.

Where Sierra Pacific Power Co sits among Nevada utilities

2024 average residential price across the 15 utilities reporting a rate in Nevada

14.52¢/kWh 29th affordability percentile More affordable than 29% of 14 other utilities

Sierra Pacific Power Co

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

Sierra Pacific Power Co average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Sierra Pacific Power Co 14.52¢ -
Nevada (customer-weighted, 15 utilities) 14.99¢ -3.1%
United States average 16.48¢ -11.9%
Investor Owned utilities nationally (183) 17.36¢ -16.4%

Rate against consumption: Nevada utilities

Each dot is one of the 15 Nevada utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Sierra Pacific Power Co is highlighted. In Nevada the cheapest rate belongs to Mt Wheeler Power, Inc (8.50¢) while the smallest implied annual bill belongs to Palmetto Solar, LLC ($800) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 15 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use -50050100150 -50050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 15 Nevada utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Sierra Pacific Power Co is highlighted. In Nevada the cheapest rate belongs to Mt Wheeler Power, Inc (8.50¢) while the smallest implied annual bill belongs to Palmetto Solar, LLC ($800) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Scale and consumption

Sierra Pacific Power Co reported 330.9K residential customers, ranking 2nd of 15 utilities in Nevada by customers served and covering 24.6% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 8,239 kWh per customer per year - below the national residential norm, implying a typical annual bill near $1,196.

Within Nevada the median reporting utility sells about 11,497 kWh per customer, so Sierra Pacific Power Co customers use -28.3% against their own state's middle. Consumption this light usually tracks denser housing, gas heating or a milder service territory, which softens the bill impact of a high per-kWh price.

Every utility reporting in Nevada

All 15 utilities reporting bundled residential service in Nevada, largest first, with Sierra Pacific Power Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in Nevada, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Nevada Power Co Investor Owned 916.4K 15.33¢
Sierra Pacific Power Co (this page) Investor Owned 330.9K 14.52¢
Valley Electric Assn, Inc Cooperative 22.4K 16.73¢
Sunrun Inc. Behind the Meter 22.3K 14.47¢
Overton Power District No 5 Political Subdivision 15.5K 10.69¢
Tesla Inc. Behind the Meter 12.4K 12.29¢
Sunnova Behind the Meter 7.6K 16.86¢
City of Boulder City - (NV) Municipal 7.1K 10.37¢
Mt Wheeler Power, Inc Cooperative 5.2K 8.50¢
Wells Rural Electric Co Cooperative 4.6K 10.05¢
Raft Rural Elec Coop Inc Cooperative 1.6K 10.24¢
SunPower Capital, LLC Behind the Meter 1.4K 13.59¢
Spruce Finance Behind the Meter 149 13.13¢
Surprise Valley Electrification Cooperative 6 13.82¢
Palmetto Solar, LLC Behind the Meter 1 40.00¢

For generation mix and price history statewide, see electricity rates in Nevada.

Common questions about Sierra Pacific Power Co rates

How much does Sierra Pacific Power Co charge per kWh?
Sierra Pacific Power Co reported an average residential price of 14.52¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
Is Sierra Pacific Power Co expensive compared with the rest of Nevada?
Its average residential price is close to the Nevada customer-weighted average of 14.99¢ per kWh, a difference of -3.1%. The state figure is weighted by customers across the 15 utilities reporting residential service in Nevada.
What is the average electricity bill for Sierra Pacific Power Co customers?
Dividing reported residential sales by residential customers gives about 8,239 kWh per customer per year. At the reported average price that implies roughly $1,196 a year, or about $100 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Sierra Pacific Power Co?
EIA classifies Sierra Pacific Power Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

What this page does and does not tell you

  • An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
  • Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology, why energy prices vary and understanding rate structures.

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.