Nevada (NV) electricity and natural gas rates
Electricity
12.77¢
per kWh
Natural gas
$1.49
per therm
Gas and electricity in the same unit
A therm is 29.3 kilowatt hours of energy, so Nevada's gas works out at 5.09¢ per kWh against 12.77¢ for electricity.
That compares the energy you buy, not the heat you get. A furnace throws away a fifth of every therm up the flue, while a heat pump delivers two to three times the heat in a kilowatt hour — so the cheaper unit here is not automatically the cheaper way to heat a house.
Residential sector, US Energy Information Administration, 2026-07. Updated monthly.
How Nevada compares
At 12.77¢ per kWh, Nevada is below the national average of 19.26¢, making it the 2nd cheapest of the 51 states we track.
What a typical Nevada household uses
Electricity a month
894 kWh
Bill a month
$119
Households in Nevada use about as much electricity as the national average and pay 21% less than average. Cheap power absorbs most of that: the meter turns faster here, but at 12.77¢ each unit costs less than it does nationally. The climate is fairly balanced — 4,300 heating degree days against 1,800 cooling ones — so neither season dominates the bill.
More on this: the average electric bill in Nevada, including how far it swings between seasons.
Averaged over twelve months across 1,355,718 residential accounts in Nevada. Source: EIA.
What this means for heating
Nevada sees around 90 freezing nights a year. Whether a heat pump beats a furnace here depends on the gap between those two prices above — not on the equipment.
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