Economic Development

 

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Economic Development Rate Rider Tariff

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NV Energy is now offering a pilot program that provides a discount on electric rates for new businesses that locate in the state of Nevada.  The program was created by legislation and approved by the Public Utilities Commission of Nevada. Regulation provides for 25 MW of power to by new business in southern Nevada.

To be eligible for this program, a company must:

Once the company has been approved, they must then meet the following requirements:

  • Power demand must be 300 kW or greater
  • The annual load factor for the operation must be fifty percent (50%) or greater
  • The annual load factor for the operation must be maintained at fifty percent (50%) or greater for the duration of the ten (10) year contract
  • The company must be a new commercial or industrial customer of NV Energy and the State of Nevada

Once these requirements are met, the contract with NV Energy can be developed. The details of the discount program can be found by viewing the Schedule EDRR: Economic Development Rate Rider*.

For more information or if you have questions regarding this tariff, please contact us.

*subject to change

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Southern Nevada Tools

Return to TopAverage Retail Price of Electricity to Ultimate Customers by End-Use, by State

Through September 2016, Nevada's average retail price for all sectors was 9.1% lower than the Mountain states, 44.8% lower than California, and 17.1% lower than the United States.

Through September 2016, Nevada's average retail price for industrial customers was 4.4% lower than the Mountain states, 50.3% lower than California, and 9.7% lower than the United States.


Through September 2016, Nevada's average retail price for commercial customers was 16.2% lower than Mountain states, 47.2% lower than California, and 22.4% lower than the United States

Through September 2016, Nevada's average retail price for residential customers was 3.3% higher than the Mountain states, 35.6% lower than California, and 9.7% higher than the United States.

Location Residential Commercial Industrial Transportation All Sectors All Sectors
Dec 2015
All Sectors
Dec 2014
Mountain States 11.75 9.63 6.41 9.65 9.42 9.48 9.46
Arizona
12.34 10.63 6.10 9.46 10.55 10.40 10.24
Colorado
12.03 9.63 7.09 9.66 9.76 9.78 10.04
Idaho
10.06 7.82 6.74 0.00 8.14 8.12 7.95
Montana
11.07 10.17 5.00 0.00 8.90 8.93 8.62
Nevada
11.36 8.07 6.13 7.92 8.56 9.48 9.76
New Mexico
12.04 9.87 5.74 0.00 9.20 9.68 9.69
Utah
11.19 8.94 6.48 9.94 8.91 8.61 8.41
Wyoming
11.20 9.45 6.92 0.00 8.20 7.95 7.78
Pacific States 14.79 13.39 9.30 8.93 12.98 12.88 12.59
California
17.64 15.29 12.33 8.92 15.51 15.50 15.23
Oregon
10.59 8.84 6.15 9.25 8.84 8.82 8.78
Washington
9.38 8.34 4.51 8.95 7.66 7.41 7.15
United States Total 12.58 10.40 6.78 9.54 10.33 10.42 10.45

Source: U.S. Energy Information Administration (EIA)
Numbers are cents per kilowatt-hour (kWh)
Represents rates charged over a period of time, year-to-date through September 2016. 
Numbers do not include taxes and Nevada's numbers do not include franchise taxes or the UEC.  The REPR, TRED, and EE rates are included. 
This table is an average and should not be used to determine costs for a specific project or client.  Please contact NV Energy's Economic Development Department for a customized power estimate (view requirements).