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Updated: March 2026

Electric Utility

NV Energy

Commercial rate guide for NV Energy โ€” Nevada statewide including Las Vegas (Nevada Power) and Reno (Sierra Pacific Power). Subsidiary of Berkshire Hathaway Energy.

NV

Rate Overview

Avg Commercial Rate
$0.11per kWh
Service Type
Electric
Supply Choice
Not Available

Rate Structure

General service (GS-1) and large general service (LGS) rate schedules. Time-of-use rates with summer on-peak and off-peak differentials. Demand charges for accounts above 50 kW. Separate schedules for Nevada Power and Sierra Pacific.

Recent Rate Changes

Rising

5.6% rate increase effective January 2026 approved by NV PUC for renewable energ

5.6% rate increase effective January 2026 approved by NV PUC for renewable energy procurement and transmission infrastructure investments

Common Billing Issues

Property managers with NV Energy accounts frequently encounter these billing challenges:

Extreme summer demand charges driven by Las Vegas cooling loads

Time-of-use rate complexity with narrow peak windows

Solar net metering policy changes affecting commercial installations

Two operating divisions (Nevada Power vs Sierra Pacific) with different rates

Demand ratchet clauses on LGS accounts trapping summer peaks

Deregulation & Supply Choice

Regulated Market

The utility is the sole provider in this service territory.

โœ—No competitive supply choice

Nevada is a regulated electric market. NV Energy is the vertically integrated utility. Large commercial customers (5 MW+) may apply for departure from the system but face exit fees. No competitive supply choice for standard commercial.

Pending Rate Filings

๐Ÿ“‹

Integrated resource plan update with expanded solar and battery storage; electric vehicle infrastructure cost recovery petition under NV PUC review

Cities Served

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Other Utility Providers

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