Nevada · Investor Owned · investor
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
Among 194 utilities with 100,000 or more residential customers, Sierra Pacific Power Co ranks #103 by average cents per kWh and #86 by residential customers. 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 Form 861 US customer-weighted average.
San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. 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.
- San Diego Gas & Electric Co 43.63¢ · customers rank #90
- Florida Power & Light Co 5,236,277 customers · price rank #122
Highest average rate is not the most customers
Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers
- FL size
Florida Power & Light Co
5,236,277 residential customers
- CA rate 307,982
San Diego Gas & Electric Co
307,982 residential customers
What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.
EIA Form 861 utility filing desk
Release NV-2024 · Sierra Pacific Power Co NEAR STATE
Sierra Pacific Power Co · Form 861 2024 · NEAR STATE
- RATE 14.52¢/kWh
- RANK #11/15
- VS-ST -3.1%
- VS-US -15.2%
- CUST 331k
- BILL $1,196
- OWN IOU
- PHOTO MS 0.05¢
- BOOK 86/194
Nearest Form 861 price peer: Mississippi Power Co (MS) (-0.05¢ gap)
EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Nevada rates
Sierra Pacific Power Co in the Form 861 price neighbourhood
Average residential ¢/kWh among this utility and nearest indexable peers
- CO
City of Colorado Springs - (CO)
14 ¢/kWh
- MS
Mississippi Power Co
14 ¢/kWh
- this util
Sierra Pacific Power Co
15 ¢/kWh
- SC
Dominion Energy South Carolina, Inc
15 ¢/kWh
- TX
US Retailers, LLC
15 ¢/kWh
What this shows Sierra Pacific Power Co reports 14.52¢/kWh, corpus customer-rank 86 of 194.
RateWatt cost context
How Sierra Pacific Power Co compares on reported cost context
A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Nevada; the state generation context is shown separately.
- Price against state peers
- 29/100
- Implied annual bill against state peers
- 79/100
- State renewable generation context
- 76/100
14.52¢/kWh · median 13.59¢/kWh
$1,196/yr · median $1,407/yr
46.4% · median 22.8%
Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.
Rate comparison
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, whose customer-weighted average is 15.33¢, Sierra Pacific Power Co is close to its own ownership class within the state (-5.3%).
State price distribution
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
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
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Sierra Pacific Power Co | 14.52¢ | - |
| Nevada (customer-weighted, 15 utilities) | 14.99¢ | -3.1% |
| US Form 861 customer-weighted average (1.5K utilities) | 17.11¢ | -15.2% |
| Investor Owned customer-weighted US avg (183 utilities) | 18.37¢ | -20.9% |
Rate against consumption: Nevada utilities
Territory and usage
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 - -28.3% against the Nevada median of 11,497 kWh , implying a typical annual bill near $1,196.
State peers
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.
| 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.
Ownership class peers
Investor Owned utilities with similar residential prices
Beyond Nevada, these indexable investor owned utilities report the closest residential averages to Sierra Pacific Power Co in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.
| Utility | State | Customers | Avg ¢/kWh |
|---|---|---|---|
| Mississippi Power Co | Mississippi | 157.4K | 14.47¢ |
| Dominion Energy South Carolina, Inc | South Carolina | 696.4K | 14.59¢ |
| Puget Sound Energy Inc | Washington | 1.1M | 14.63¢ |
| Tampa Electric Co | Florida | 757.3K | 14.67¢ |
| Evergy Kansas Central, Inc | Kansas | 341.8K | 14.29¢ |
FAQ
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, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.
Limitations
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 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, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.