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Rates Effective
October 1, 2009
Currently only for southern Nevada Customers, the Time of Use (TOU) rate rewards you for reducing your consumption. The NV Energy Time of Use rate provides you with a choice. Customers who are willing to reduce consumption during periods when the total demand for electricity is highest, (the peak) will save money.
This peak is between 1 p.m. and 7 p.m. daily, June through September, when the weather is hottest and electricity use is greatest.
You can see a break-down of the Time of Use rates in our Business Rate Schedule.
The TOU Rate is structured to mirror our cost of providing electricity to you. For this reason, on the TOU Rate, your costs are higher during the peak period and lower than the standard rate at all other times, called the off peak periods.
Rates are reduced 92% of the time during the year, (for example, winter at all times and "off-peak" times in the summer) and are increased 8% of the time during the summer, "on-peak" period.
Notice: In order to participate in this TOU Rate program, you must allow NV Energy access to your electric meter. Participation, however, is not guaranteed – you must be pre-qualified.
Rates Effective October 1, 2009
| General Service | ||
|---|---|---|
| Time Period | Definition | Price per kWh |
| Summer Peak | 1-7 p.m. June 1 thru Sept 30 |
$ 0.29019 kWh |
| Summer Off-Peak | 7:01-12:59 p.m. June 1 thru Sept 30 | $ 0.078 kWh |
| All other times | 24 hours a day Oct 1 thru May 31 | $ 0.07137 kWh |
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If you are not a GS-1 customer, please refer to our commercial rate schedule for an explanation of the Time of Use rates applicable to your business.
By using the form below and pressing submit, you acknowledge that you have read and understand the program's conditions and are applying for the optional, Annual TOU Rate.
- The TOU Rate will become effective on the next full billing cycle after the TOU meter is installed and stay in effect for twelve months.
- NV Energy requires full physical access monthly to this TOU meter.
- All NV Energy rates are subject to change by the Nevada Public Utility Commission.
- NV Energy is authorized to release billing and load information to agents of NV Energy Company for the sole purpose of providing services relating to the TOU Rate program.
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Still Have Questions?
Contact:
NV Energy Time of Use Program Administrator (Southern Nevada only)
P.O. Box 98910,
Las Vegas NV 89151
or call, (702) 402-5555