Virginia · Investor Owned
Appalachian Power Co Electricity Rates
Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.
- 17.02¢
- Avg residential price / kWh
- 465.3K
- Residential customers
- +18.1%
- vs Virginia average
- $2,140
- Implied avg annual bill
Appalachian Power Co charged an average of 17.02¢ per kWh to residential customers in 2024 - above the Virginia average and close to the US average.
Appalachian Power Co is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is above the Virginia customer-weighted average (+18.1%). Its customers used above the national residential norm at about 12,575 kWh a year each.
How this price compares
Ranked by price against the 21 utilities reporting residential rates in Virginia, Appalachian Power Co comes 20th of 21. The state's range runs from Tesla Inc. at 4.01¢ to Virginia Tech Electric Service at 17.18¢, so where a household sits inside Virginia depends far more on which utility serves it than on the statewide average alone.
Against the 2 other investor owned utilities reporting in Virginia, which averaged 14.19¢, Appalachian Power Co is above its own ownership class within the state (+19.9%).
All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 21 reporting utilities.
Where Appalachian Power Co sits among Virginia utilities
2024 average residential price across the 21 utilities reporting a rate in Virginia
17.02¢/kWh 5th affordability percentile More affordable than 5% of 20 other utilities
average residential price, equal-width bands
Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.
Source EIA Form 861 · 2024
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Appalachian Power Co | 17.02¢ | - |
| Virginia (customer-weighted, 21 utilities) | 14.41¢ | +18.1% |
| United States average | 16.48¢ | +3.3% |
| Investor Owned utilities nationally (183) | 17.36¢ | -2.0% |
Rate against consumption: Virginia utilities
Scale and consumption
Appalachian Power Co reported 465.3K residential customers, ranking 2nd of 21 utilities in Virginia by customers served and covering 13.0% of the state's reported residential customers.
Dividing reported residential sales by customers served gives about 12,575 kWh per customer per year - above the national residential norm, implying a typical annual bill near $2,140.
Within Virginia the median reporting utility sells about 12,575 kWh per customer, so Appalachian Power Co customers use +0.0% against their own state's middle. Consumption close to the state middle means bills here track the price ranking fairly directly.
Every utility reporting in Virginia
All 21 utilities reporting bundled residential service in Virginia, largest first, with Appalachian Power Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.
| Utility | Ownership | Customers | Avg ¢/kWh |
|---|---|---|---|
| Virginia Electric & Power Co | Investor Owned | 2.4M | 14.09¢ |
| Appalachian Power Co (this page) | Investor Owned | 465.3K | 17.02¢ |
| Rappahannock Electric Coop | Cooperative | 169.5K | 14.89¢ |
| Northern Virginia Elec Coop | Cooperative | 167.3K | 11.57¢ |
| Shenandoah Valley Elec Coop | Cooperative | 85.3K | 13.81¢ |
| Southside Electric Coop, Inc | Cooperative | 56.8K | 15.48¢ |
| City of Danville - (VA) | Municipal | 37.8K | 15.01¢ |
| Central Virginia Electric Coop | Cooperative | 34.9K | 16.14¢ |
| A & N Electric Coop | Cooperative | 33.1K | 13.02¢ |
| Mecklenburg Electric Cooperative | Cooperative | 30.0K | 14.50¢ |
| Kentucky Utilities Co | Investor Owned | 22.7K | 14.28¢ |
| City of Harrisonburg - (VA) | Municipal | 18.1K | 11.36¢ |
| Northern Neck Elec Coop, Inc | Cooperative | 18.0K | 16.12¢ |
| City of Manassas - (VA) | Municipal | 13.9K | 11.63¢ |
| Bristol Virginia Utilities | Municipal | 13.6K | 10.99¢ |
| City of Salem - (VA) | Municipal | 11.3K | 15.11¢ |
| Prince George Electric Coop | Cooperative | 11.0K | 13.05¢ |
| Powell Valley Electric Coop | Cooperative | 6.6K | 11.42¢ |
| Virginia Tech Electric Service | State | 5.7K | 17.18¢ |
| Tesla Inc. | Behind the Meter | 66 | 4.01¢ |
| Sunnova | Behind the Meter | 2 | 10.00¢ |
For generation mix and price history statewide, see electricity rates in Virginia.
Common questions about Appalachian Power Co rates
- How much does Appalachian Power Co charge per kWh?
- Appalachian Power Co reported an average residential price of 17.02¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
- Is Appalachian Power Co expensive compared with the rest of Virginia?
- Its average residential price is above the Virginia customer-weighted average of 14.41¢ per kWh, a difference of +18.1%. The state figure is weighted by customers across the 21 utilities reporting residential service in Virginia.
- What is the average electricity bill for Appalachian Power Co customers?
- Dividing reported residential sales by residential customers gives about 12,575 kWh per customer per year. At the reported average price that implies roughly $2,140 a year, or about $178 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
- Who owns Appalachian Power Co?
- EIA classifies Appalachian Power Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.
What this page does and does not tell you
- An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
- Form 861 presence is not evidence of availability at an address or of customer choice.
See our methodology, why energy prices vary and understanding rate structures.
Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.
Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.
Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.