Nevada Electricity Rates
Instantly compare competing electricity company rates and energy plans in Nevada, Texas.
Rates for Nevada
Graham Griffin
This electricity rates guide for Nevada, Texas is current as of June 2026. Nevada is a city of 1,002 residents located in Collin County, Texas. Nevada's electricity market is regulated, meaning residents are served by their local utility provider.
Guide by Graham Griffin
AboutNevada
Did You Know?
Nevada, Texas was founded in 1853 by settlers who named it after the Sierra Nevada mountains, despite being located in the flat plains of North Texas. The town was established as a farming community along the old Preston Road, which served as a major north-south route connecting Texas to the Indian Territory, making it a vital stop for travelers and traders in the mid-1800s.
In 2019, Nevada completed a major downtown revitalization project that restored its historic 1920s train depot into a community center and city hall. The project preserved the original architecture while adding modern amenities, and the depot now serves as the heart of the community, hosting farmers markets, festivals, and city council meetings in the same building where passengers once waited for trains.
Nevada was home to several prominent early Texas settlers, including members of the Peters Colony, one of the largest colonization efforts in Texas history. The Peters Colony brought over 2,000 families to North Texas in the 1840s and 1850s, with many settling in and around Nevada, helping establish the agricultural foundation that sustained the community for over a century.
Nevada, Texas is one of only three cities in the United States named Nevada that isn't located in the western United States, and it's the smallest of all cities bearing this name. Despite sharing a name with the Silver State, Nevada, Texas has never had any mining operations and was purely an agricultural community, making the name choice even more unique since early settlers had likely never seen the mountainous terrain their city was named after.
Nevada maintains one of Texas's most authentic small-town atmospheres, with a population that has remained under 1,100 for over 50 years by choice. The community actively resists urban sprawl and commercial development, instead preserving its rural character through strict zoning laws and a strong commitment to maintaining the agricultural heritage that has defined the town since its founding, making it a rare example of intentional small-town preservation in rapidly growing Collin County.
Nevada Electricity Rates
| Provider | Plan | Price | Term | Cancellation Fee | Type | Docs | |
|---|---|---|---|---|---|---|---|
 | APGE | APGE - SimpleSaver 15 Credits | 7.4c per kWh | 15 Mo | $250 | Fixed | |
 | Just Energy | Just Energy - Smart Choice - 12 Credits | 7.5c per kWh | 12 Mo | $175 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.5c per kWh | 12 Mo | $150 | Fixed | |
 | 4Change Energy | 4Change Energy - Maxx Saver Value 6 Credits | 7.6c per kWh | 6 Mo | $20/Mo remaining | Fixed | |
 | Gexa Energy | Gexa Energy - Gexa Eco Saver Plus 12 Green Credits | 7.6c per kWh | 12 Mo | $150 | Fixed | |
 | Frontier Utilities | Frontier Utilities - Frontier Saver Plus 12 Credits | 7.6c per kWh | 12 Mo | $150 | Fixed | |
 | Cirro Energy | Cirro Energy - Bill Bonus 24 Credits | 7.6c per kWh | 24 Mo | $295 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 7.6c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
 | Discount Power | Discount Power - Bill Credit Bundle 24 Credits | 7.6c per kWh | 24 Mo | $295 | Fixed | |
| Discount Power | Discount Power - Bill Credit Bundle 12 Credits | 7.7c per kWh | 12 Mo | $150 | Fixed | |
| Cirro Energy | Cirro Energy - Bill Bonus 12 Credits | 7.7c per kWh | 12 Mo | $150 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 24 Credits | 7.7c per kWh | 24 Mo | $20/Mo remaining | Fixed | |
| APGE | APGE - SimpleSaver 14 Credits | 7.7c per kWh | 14 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 15 Credits | 7.8c per kWh | 15 Mo | $250 | Fixed | |
| APGE | APGE - SimpleSaver 12 Credits | 7.9c per kWh | 12 Mo | $150 | Fixed | |
| Just Energy | Just Energy - Smart Choice - 12 Credits | 7.9c per kWh | 12 Mo | $175 | Fixed | |
| 4Change Energy | 4Change Energy - Maxx Saver Value 12 Credits | 8.0c per kWh | 12 Mo | $20/Mo remaining | Fixed | |
| Frontier Utilities | Frontier Utilities - Frontier Saver Plus 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed | |
| Cirro Energy | Cirro Energy - Bill Bonus 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed | |
| Discount Power | Discount Power - Bill Credit Bundle 12 Credits | 8.0c per kWh | 12 Mo | $150 | Fixed |
You have the power to choose your household's energy provider in Nevada.
Compare Power is a free consumer service started in 2009 to help residents of Nevada search for their best electricity plan.
Plan information is presented in a user-friendly format that enables quick and simple comparison of available plans and options.
Competing plans from several electricity providers are outlined in a powerful grid that makes evaluating alternatives simple and quick.
This allows Texas consumers to avoid hidden fees and advertising gimmicks by comparing plans "apples-to-apples" without throwing away hours and hours calling different energy companies or clicking through hundreds of different online sites.
Electricity Price Trends in Nevada
Energy in Nevada has been deregulated. As a resident, you have a choice when selecting a retail electricity provider (your energy provider), which gives you insight and command over your energy bill.
Deregulation of electricity in the state de-monopolized the electricity market for most of the state, the city of Nevada included, which introduced lots of competition.
As a result, many fantastic energy providers compete for your business in Nevada by offering low rates, making it a great time to shop, switch, and lower costs on your electricity bill.
As many as 100+ providers compete for your account in Nevada, and hundreds of plans exist to sort through.
Average Electricity Rates in Nevada
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The average residential electricity rate in Texas is 15.7¢, 13% less than the U.S. average.
EIA Electricity Rates - National Average (3 Year Trend)
Residential YoY
+7.6%
Commercial YoY
+7.5%
Industrial YoY
+12.1%
Source: U.S. Energy Information Administration
Data through January 2026 · Up to date as of June 7, 2026
EIA data is typically published 2-3 months after the reporting period. Recent months may not yet be available.
Got me the cheapest electric. Nice.
How to Find the Best Energy Plan in Nevada
#1 rule: Know your usage!
Understanding how much energy you will consume month-to-month is the ideal way to find a deal on electricity in Nevada. Why is this so vital?
You see power companies advertising the "price per kWh" for an exact monthly usage (usually 1000 kWh).
Every plan uses a different equation for how your monthly statement is determined, and your monthly bill will change according to how much power you consume in the month.
Unless you match the exact advertised usage each month, you will end up paying an effective "price per kWh" different than the one you saw advertised when you enrolled.
Fortunately, there's a better way to select your energy provider.
Calculating your expected monthly bill based on expected monthly usage, then comparing options by the total monthly bill is the best way to shop for the lowest rate for you.
Better yet, if you have a year of usage history for your home, you can compare plans by total annual cost. This annualized method considers the changes in usage between the summer and winter months and is the ideal way to determine the perfect electricity plan for your home.
Compare Power does all this math for you in an instant. What takes hours on a spreadsheet is now solved in just seconds.
We put you in the driver's seat, taking what would amount to hours of investigation, spreadsheets, and computations across hundreds of offers and assist you step-by-step with the energy plan that's best for your home's usage.
We clarify the details, disclosing the various charges, so you'll know precisely where your money is going and what to anticipate on your monthly bill.
We then help you sign up with your selected electricity company without leaving our website.
The takeaway here is you must understand your expected or historical usage before ordering the right electricity plan for your home.
If you don't know your usage, estimate
Suppose you recently purchased a home or business or cannot obtain 12 months of usage history. In that case, you can always estimate your average monthly energy usage.
Although knowing the previous 12 months of usage is optimum, it is far better to estimate the average energy consumption than to select the first electricity provider that you see advertised. After all, you have no idea how much energy you will use at that point.
Use Compare Power to shop for the best electricity plan for your specific usage.
Moving to Nevada: Setting up Electricity
If this is your first time setting up electricity service in Nevada, to get the best rate, you need to get the previous 12 months of energy usage for your new home.
Ask the previous homeowner to provide you with their past 12 months of usage.
This information is readily found in recent billing statements.
Acquiring usage for the past 12 months may take effort, but the time (and savings) will be well worth it.
Once you have historical usage, Compare Power will do the math instantly to help you find the best plan for your home's usage pattern.
Note: If you cannot obtain historical usage information, a second option would be to estimate your future usage using our "Help Me Choose" tool. By simply entering your zip code, the tool can assess your home's projected electricity consumption.
By signing up for a plan through Compare Power you will receive automated reminders when it's time to renew your existing plan or switch plans.
Switching Electricity Companies in Nevada
Switching is good. Market conditions are always changing, so it is important to shop for a lower price each year when your contract is close to expiring.
Your existing electricity company will normally raise your electricity rate once your term expires. If you fail to take action, you'll be left on a month-to-month rate significantly more than the plan you signed up for.
Before renewing your contract, shop the rates of competing energy companies.
Switching can save you hundreds or thousands of dollars yearly on your electricity bill.
Switching is easy:
- You don't have to call your current company to cancel (no "break-up call")
- No one comes to your home
- There is no disruption in your electricity supply
- It takes just minutes
When you decide to switch, your new electricity provider will take care of everything for you, including canceling service with your previous company.
Your lights stay on when you switch. Electricity in Nevada is all delivered by the Oncor Transmission and Distribution Utility.
The wires and poles that deliver power to your home do not change when you switch energy providers. Therefore the reliability of your service is not affected.
You can pick any date up to 14 days early from your current contract's end date without an "early termination" fee. Texas law protects you here.
If you're still under contract, find out how many months remain on your contract. You can set a future start date with most providers up to 6o days in advance.
The amount saved each month by switching to a different electricity company may outweigh the one-time fee to get out of your contract early.
If you're ready to switch and would like to know how to find the best plan remember that knowing your usage is the best way to find the lowest price.
You will want to gather your past usage for the last 12 months to determine the best plan with the lowest rate for your household.
Nevada Energy Companies
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Are you trying to find an excellent electricity company in Nevada?
You can sign up for service with great electricity providers such as TXU Energy, Reliant, Direct Energy, and more.
Click on the provider of your choice to view prices, learn more, or sign up.
No-Deposit Electricity Plans in Nevada
If you need to find an energy plan in Nevada that requires no deposit, we can help.
If you are charged a deposit on your first plan selection, Compare Power will automatically show you other plans available without a deposit.
That saves you a lot of time and hassle. No more surfing the internet and calling energy companies to determine if a deposit is needed.
We will review the other plans for any deposit requirements immediately so you can get your lights on and return to your day.
Learn how to get no-deposit lights.
Deposit Waivers
You may be eligible to waive the deposit if you meet one of the Texas Public Utility Commission §25.478 - PUCT §25.478.
Nevada Business Electricity Rates
If you run a company in Nevada, you're in good company.
Nevada has become a thriving place for many small to mid-sized companies. The city is small enough to get to know people and thrive, yet close enough to large metropolitan cities that provide even more growth opportunities.
You must shop for rates from competing providers to lower your electricity bill.
Compare Power bridges the gap between your business and energy companies by inviting various energy companies to compete for your business in a sealed bid process.
You enroll your information on Compare Power, and the companies will present their bids. You choose the best price. Simple, quick, and easy.
Click here to get competing quotes for your business electricity.
Nevada Utilities
Electricity
To learn more about smart meters or to download your electricity usage, visit .
To report an issue with your electricity service or power outages in Nevada, visit the or call them at .
Gas
For gas service in Nevada, call or visit Nevada's official city website to determine your provider.
Waster/Sewer/Garbage/Recycling
In Nevada, the City of Nevada usually handles water, garbage, sewer, and recycling services.
Other Utility Service Areas in Texas
Not in the Oncor Service area? Search low electricity rates by service area and local utility company.
Click on your Texas Distribution Utility (TDU) below to compare electricity rates in your service area.
- CenterPoint
- Oncor
- Texas-New Mexico Power (TNMP)
- AEP Texas North
- AEP Texas Central
- Sharyland Utilities
View Electricity Prices for Zip Codes in Nevada
Find cheap electricity rates by zip code. Click on your zip code below to find competitive rates in your area.
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View Electricity Prices for Cities Near Nevada
Are you looking for a cheap electricity rate in another city? Find your city below and click to sign up for a low-cost electricity plan.
If your city is not on the list, use the zip code finder for a rate lower than what you currently pay in your city.
Nevada Electricity Rates FAQs
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