Virginia Electric & Power Co Rates: Average Bill & Price per kWh

Residential rates for Virginia Electric & Power Co and how they compare to the North Carolina average — 2024 EIA-861 annual data.

Data through 2024 EIA-861, verified Oct 11, 2026

Residential customers of Virginia Electric & Power Co average $167.28/month at 13.93¢/kWh — above the North Carolina average of $165.83.

Avg bill (2024)$167.28/moannual average Rate13.93¢/kWh Res. customers108,656 Bill rank#11 in NCof tracked utilities

Where Virginia Electric & Power Co rates are heading

Annual residential figures from Form EIA-861, 2019–2024.

Virginia Electric & Power Co price per kWh (annual) ▲ 18.7% over 2019–2024
Virginia Electric & Power Co price per kWh (annual) 11.4¢ 12.6¢ 13.9¢ 13.9¢ 2019 2024
YearRateAvg billRes. customers
2019 11.74¢/kWh $152.19/mo 103,458
2020 11.59¢/kWh $150.98/mo 104,505
2021 11.36¢/kWh $144.48/mo 105,719
2022 11.65¢/kWh $149.71/mo 106,473
2023 13.62¢/kWh $159.30/mo 107,452
2024 13.93¢/kWh $167.28/mo 108,656

Rate context in North Carolina

Statewide residential price trend (12 months) — context for Virginia Electric & Power Co's 2024 annual figure.

North Carolina price per kWh (12 months) ▲ 10.2% over Jul 25–Jun 26
North Carolina price per kWh (12 months) 13.4¢ 14.8¢ 16.3¢ 14.7¢ Jul 25 Jun 26

Virginia Electric & Power Co vs its state

Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.

MeasureVirginia Electric & Power CoNorth Carolina (latest month)
Avg bill $167.28/mo $165.83/mo
Rate 13.93¢/kWh 14.74¢/kWh

Common questions

How much is the average electric bill with Virginia Electric & Power Co?

Virginia Electric & Power Co residential customers averaged $167.28 per month in 2024 (EIA-861 annual data) — about $2,007.40 per year.

What does Virginia Electric & Power Co charge per kWh?

Virginia Electric & Power Co averaged 13.93¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.

How does Virginia Electric & Power Co compare to the North Carolina average?

Virginia Electric & Power Co bills average $167.28 — higher than the North Carolina average of $165.83 (latest EIA month).

How many customers does Virginia Electric & Power Co serve?

Virginia Electric & Power Co served 108,656 residential customers in 2024, per EIA-861 — one of the largest utilities we track in NC.

Data: Form EIA-861, 2024 annual residential figures for Virginia Electric & Power Co. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.