Rate comparison

How this price compares

Ranked by price against the 21 utilities reporting residential rates in Virginia, Virginia Electric & Power Co comes 11th 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, whose customer-weighted average is 16.89¢, Virginia Electric & Power Co is below its own ownership class within the state (-16.5%).

State price distribution

Territory and usage

Scale and consumption

Virginia Electric & Power Co reported 2.4M residential customers, ranking 1st of 21 utilities in Virginia by customers served and covering 66.5% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 12,059 kWh per customer per year - -4.1% against the Virginia median of 12,575 kWh , implying a typical annual bill near $1,700.

State peers

Every utility reporting in Virginia

All 21 utilities reporting bundled residential service in Virginia, largest first, with Virginia Electric & Power Co marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

For generation mix and price history statewide, see electricity rates in Virginia.

Ownership class peers

Investor Owned utilities with similar residential prices

Beyond Virginia, these indexable investor owned utilities report the closest residential averages to Virginia Electric & Power Co in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.

FAQ

Common questions about Virginia Electric & Power Co rates

How much does Virginia Electric & Power Co charge per kWh?

Virginia Electric & Power Co reported an average residential price of 14.09¢ 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 Virginia Electric & Power Co expensive compared with the rest of Virginia?

Its average residential price is close to the Virginia customer-weighted average of 14.41¢ per kWh, a difference of -2.2%. The state figure is weighted by customers across the 21 utilities reporting residential service in Virginia.

What is the average electricity bill for Virginia Electric & Power Co customers?

Dividing reported residential sales by residential customers gives about 12,059 kWh per customer per year. At the reported average price that implies roughly $1,700 a year, or about $142 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.

Who owns Virginia Electric & Power Co?

EIA classifies Virginia Electric & Power Co as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.

Limitations

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 and comparing utility costs across states .

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.