Nevada’s High Electric Bills Rank In The Nation’s Top 10
It’s no secret that we Southern Nevadans must budget for high electric bills every summer. Obviously, the hot desert sun bakes our city every June, July, and August. But did you realize our annual average power bills rank in the nation’s top 10? In fact, residents of Nevada can expect their annual electric bill to average around $2,132.50.
Nevada’s Average Annual Electric Bill Ranks In The Nation’s Top 10
Thankfully, we do not pay the most on average for our electric bills. That dubious distinction belongs to the residents of Hawaii. The folks in the Aloha State are paying way more than anyone else in the nation. In fact, a Hawaiian household’s average annual electric bill comes to $3,450.55. That’s over $1,000 more per year than residents in Maine, who rank second at an annual average of $2,383.75.
These figures come from the electricity experts at Texas Electricity Ratings. They did a deep dive into the data provided by the Environmental Investigation Agency. Even though Hawaiians don’t consume as much energy as we do, they’re paying the highest cost per kilowatt-hour in the country.
Here in The Silver State, Texas Electricity Ratings determines our annual electric bill to rank as the ninth highest in the U.S.A. Remember, the figures and rankings they’re providing are estimates for 2024. Of course, some households pay more per year, some less. It’s all based on how much your household consumes. But the fact remains, our electricity is pretty pricey.
Here are the top 10 states they are forecasting will pay the highest annual average on their electric bills:
- Hawaii
- Maine
- Florida
- Connecticut
- Rhode Island
- Maryland
- California
- Arizona
- Nevada
- Alabama
Our Good Neighbors In Utah Will Have The Cheapest Electric Bills In 2024
It is interesting to note that two of our neighboring states are paying more expensive electric bills. Per TexasElectricityRatings.com, that is California (#7) and Arizona (#8). Conversely, our neighbors to the east in Utah will be paying the cheapest electric bills in the country. A Utah household average bill comes to $1,047.27. That’s more than a thousand dollars less than we’ll be paying right next door.
Here’s Some Good News About Nevada’s Power Rates
I did a quick internet search to determine how much Nevadans pay on average for a kilowatt-hour (kWh) of electricity. The good news is that we pay an average of $0.17 cents per kWh, which is 7% lower than the national average of $0.19 cents per kWh. That’s according to EnergySage.com.
Furthermore, our cost per kWh decreased from October 2022 to October 2023 by 3.8%. That’s according to figures provided by PaylessPower.com. Electricity rates going down? Great news! Let’s hope that keeps happening, although I wouldn’t bet on it. Hey! Turn those lights off when you leave your room!
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