Sphere Energy Bill

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According to S&P Global Market Intelligence, the Las Vegas Sphere (MSG Networks Inc. affiliate MSG Las Vegas LLC) consumes about 95,779 MWh annually.

Monthly consumption: 95,779 MWh per year or 7,981.5833 MWh per month.

NV Energy's Reduced Commercial Electric Rate is $0.05818� per kWh.

Cost of 1 MWh: $0.05818/kWh * 1,000 kWh/MWh = $58.18 per MWh

Monthly cost: 7,981.5833 MWh * $58.18 per MWh = $464,343.81 per month

In August, 2023, the Sphere announced that it has submitted a 25-year agreement with NV Energy to be reviewed by the commission.

Under the agreement, the Sphere eventually would get around 70 percent of its energy from a new solar energy facility and a battery storage complex to be built by the utility in Northern Nevada.

In addition, Sphere has pledged to buy certified renewable energy credits to offset the impact of emissions from the creation of electricity for the venue.

*Disclaimer: while this calculation gives us a ballpark estimate, the actual NV Energy bill numbers might differ.

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