The single was released on May 22, 2005, on the Rough Trade Records label. The single peaked at #26 on the UK Singles Chart, and it remained on the chart for two weeks. Arcade Fire won the 2006 Juno Award for "Songwriter of the Year" for "Neighborhood #3 (Power Out)", along with two other tracks from "Funeral", and the song's music video was nominated "Video of the Year".