ORM-TOU Optional Multi-Family Residential Service Time of Use
When does peak hit on Nevada Power Co’s ORM-TOU Optional Multi-Family Residential Service Time of Use? Peak hits 10pm–6pm, 6pm–10pm in Jun–Sep — every day.
- peak37.02¢
- mid10.26¢
- off-peak7.54¢
What does ORM-TOU Optional Multi-Family Residential Service Time of Use cost a year?
| Household | Uses | Per year | Works out to |
|---|---|---|---|
| Apartment One or two people, no central air, no electric heat | 4,866 kWh | $632 | 13.0¢ / kWh |
| Family home Three or four people with central air conditioning | 9,453 kWh | $1,234 | 13.1¢ / kWh |
| Home with an EV Same house, plus an electric car charging overnight | 13,103 kWh | $1,542 | 11.8¢ / kWh |
Estimates, not quotes. We run three made-up but realistic households through this tariff hour by hour for a full year — including the way air conditioning loads the afternoon and an EV loads the small hours. Your own bill depends on when you actually use electricity, which is exactly the thing a per-kWh number hides.
What you actually pay
| Period | Rate | Applies when |
|---|---|---|
| peak | 37.02¢ | 6pm–10pm, 1pm–7pm, June–September |
| mid | 10.26¢ | 10pm–6pm, 7pm–1pm, June–September |
| off-peak | 7.54¢ | midnight–midnight, October–May |
Plus a fixed charge of $8.2 per month.
Should you be on ORM-TOU Optional Multi-Family Residential Service Time of Use?
This is a time-of-use plan, which means the clock decides your bill as much as the meter does. At the worst hour you pay 37.0¢ a kWh; at the best hour, 10.3¢ — 3.6× apart for identical electricity.
That gap is worth real money only if you can move load into it. Every kilowatt-hour a day you shift from 6pm to midnight is about $98 a year. A dishwasher run is roughly 1.5 kWh; an EV commute charge is 8 to 12. If your day is fixed — you are home in the evening and the air conditioner runs when it runs — a plan like this costs you more, not less.
Before a single kilowatt-hour moves, this plan charges $98 a year in fixed fees. On the apartment above that is 16% of the whole bill; on the house with a car charging in it, 6%. Fixed charges are invisible in a cents-per-kWh comparison and they punish small users hardest — if you use very little electricity, the headline rate is the least important number on this page.
Expect the bill to move with the calendar. The same family home costs about $208 in August and $53 in February — a $155 spread driven by heating and cooling far more than by anything you chose. Budget against the August figure, not the average, and a summer bill stops being a surprise.
How it compares to Nevada Power’s other plans
Measured against the other residential plans this utility files, a family home lands 5th cheapest of 7. The cheapest option, ORM-DDP – Optional Residential Service – Multi Family – Daily Demand Pricing, would run about $332 a year less.
Against RS (Residential Service), which looks like the plan you land on by default, this one comes out $129 less per year (9%). We infer the default from the tariff structure rather than a flag in the data, so confirm it against your own bill before you switch.
If this is new to you
- What is a time-of-use electricity rate?
The same kilowatt-hour, priced differently depending on when you use it.
- Should you switch to a time-of-use electricity plan?
A wide peak-to-off-peak gap is a lever, not a saving. Levers need something to move.
- When should you charge an electric car at home?
The single biggest load most homes can move, and the easiest to automate.
- Why is my electric bill so high in summer?
Usually three causes at once, and only one of them is your air conditioner.
Where this comes from
- Effective
- 2026-04-01
the date this tariff took effect
- Covers
- delivery + supply
우편번호 매핑에서 이 지역 서비스 종류가 Bundled — 배달과 공급을 함께 판다
- Enrollment
- open to new customers
Tariff document: https://www.nvenergy.com/publish/content/dam/nvenergy/brochures_arch/about-nvenergy/rates-regulatory/electric-schedules-south/StatementofRates.pdf