Residential Time of Use for Southern Service Territory
NV Energy wants to make it simple for you to save money on your electric bill.
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 Residential Rate Schedule.
If your time schedule allows you to use most of your energy during off-peak hours during the summer, you could save money.
Benefits of the Time-Of-Use Program:
- There’s no risk in trying the TOU program for the first year due to the Guaranteed Lowest Rate* (GLR) feature.
- Shifting your on-peak usage to mid-peak or off-peak will keep your rates down.
- Preserves the environment.
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.
Guaranteed Lowest Rate (GLR)*
If after the first 12-month period, we find that you have spent more on the TOU Rate than you would have spent on the standard rate, we will refund the difference and restore you to the standard rate (if you choose). In order to receive the annual savings associated with being on the TOU rate, you are requested to remain on the program for a full 12 months.
The TOU Rates listings are being updated. Please check back later for the updated information.
Rates Effective Jan. 1, 2012
Single Family Service |
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|---|---|---|
| Option A | ||
| Basic Service Charge (per meter) | $ 11.30 | |
| Time Period | Definition | Price per kWh |
| Summer Peak | Summer on–peak is June 1 – September 30, from 1 to 7 p.m. daily. |
$ 0.33485 kWh |
| Summer Off-Peak | Summer off–peak is June 1 – September 30, from 7 p.m. to 1 p.m. daily. | $ 0.0771 kWh |
| All other times | All hours, from October through May. |
$ 0.05573 kWh |
| Hybrid electric vehicle rider rate Summer |
10 p.m. – 6 a.m.. June 1 – September 30 |
$ 0.06947 kWh |
| Hybrid electric vehicle rider rate Winter |
10 p.m. – 6 a. m. October through |
$ 0.05024 kWh |
| Option B | ||
| Basic Service Charge (per meter) | $33.60 | |
| Summer Peak | July 1 – August 31, from |
$ 0.50689 kWh |
| Summer Off-Peak | July 1 – August 31, from 7 to 2 p.m. daily. |
$ 0.06458 kWh |
| All other times | All hours, from September through June. |
$ 0.05226 kWh |
| Hybrid electric vehicle rider rate Summer |
10 p.m. – 6 a.m.. July and August |
$0.0582 kWh |
| Hybrid electric vehicle rider rate Winter |
10 p.m. – 6 a. m. Sept through June |
$0.04712 kWh |
Multi-family Service |
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| Option A | ||
| Basic Service Charge (per meter) | $ 10.20 | |
| Time Period | Definition | Price per kWh |
| Summer Peak | Summer on–peak is June 1 – September 30, from 1 to 7 p.m. daily. |
$ 0.34916 kWh |
| Summer Off-Peak | Summer off–peak is June 1 – September 30, from 7 p.m. to 1 p.m. daily. | $ 0.07444 kWh |
| All other times | All hours, from October through May. |
$ 0.0538 kWh |
| Option B | ||
| Basic Service Charge (per meter) | $ 17.88 | |
| Summer Peak | July 1 – August 31, from |
$ 0.57343 kWh |
| Summer Off-Peak | July 1 – August 31, from 7 to 2 p.m. daily. |
$0.08298 kWh |
| All other times | All hours, from September through June. |
$0.04925 kWh |
Large Residential Service |
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| Option A | ||
|---|---|---|
| Basic Service Charge (per meter) | $72.00 | |
| Time Period | Definition | Price per kWh |
| Summer Peak | Summer on–peak is June 1 – September 30, from 1 to 7 p.m. daily. |
$0.34767 kWh |
| Summer Off-Peak | Summer off–peak is June 1 – September 30, from 7 p.m. to 1 p.m. daily. | $ 0.07637 kWh |
| All other times | All hours, from October through May. |
$0.05521 kWh |
| Hybrid electric vehicle rider rate Summer |
10 p.m. – 6 a.m.. June 1 – September 30 |
$0.06882 kWh |
| Hybrid electric vehicle rider rate Winter |
10 p.m. – 6 a. m. October through |
$ 0.04977 kWh |
| Option B | ||
| Basic Service Charge (per meter) | $ 223.20 | |
| Time Period | Definition | Price per kWh |
| Summer Peak | July 1 – August 31, from |
$ 0.55678 kWh |
| Summer Off-Peak | July 1 – August 31, from 7 to 2 p.m. daily. |
$0.08106 kWh |
| All other times | All hours, from September through June. |
$0.05017 kWh |
| Hybrid electric vehicle rider rate Summer |
10 p.m. – 6 a.m.. July and August |
$ 0.07304 kWh |
| Hybrid electric vehicle rider rate Winter |
10 p.m. – 6 a. m. Sept through June |
$ 0.04524 kWh |
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