Electricity rates — Virginia
A household in Virginia using 1,000 kWh a month pays about $974.36 a year on the cheapest of 8 generally available plans — Dual Fuel Service Residential Schedule 1DF from Virginia Electric & Power Co (North Carolina). Rates checked September 2, 2026. A further 4 schedules are published but restricted — means-tested, closed to new customers, or needing particular equipment — and they are priced further down.
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Every priced plan, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| Dual Fuel Service Residential Schedule 1DF✓ cheapesttime-of-use | $974.36 | — | 8.1¢ |
| TOU Residential Service Schedule 1Ptime-of-use · demand charge | $1,091.96 | +$117.60 | 9.1¢ |
| Basic Residential Rate Schedule 1time-of-use | $1,449.36 | +$475.00 | 12.1¢ |
| 1W Residential Service (Time Controlled Storage Water Heating)flat rate · needs electric heating | $1,467.36 | +$493.00 | 12.2¢ |
| Energy TOU Residential Service Schedule 1Ttime-of-use | $1,538.17 | +$563.81 | 12.8¢ |
| 1S Residential Service (Demand Time-of-Use)time-of-use · demand charge | $1,708.36 | +$734.00 | 14.2¢ |
| 1EV Residential Service with Electric Vehicle Charging (Experimental)time-of-use · experimental | $1,937.34 | +$962.98 | 16.1¢ |
| Residential Energy TOU Schedule 1Ttime-of-use | $1,956.24 | +$981.88 | 16.3¢ |
| Residential Schedule 1G (Experimental Service)time-of-use · experimental | $1,969.07 | +$994.71 | 16.4¢ |
| Residential Schedule 1time-of-use · tiered | $2,022.36 | +$1,048.00 | 16.9¢ |
| EV Residential Electric Vehicle Charging (Experimental)time-of-use · experimental | $2,267.16 | +$1,292.80 | 18.9¢ |
| Residential Off-Peak Plantime-of-use | $3,048.09 | +$2,073.73 | 25.4¢ |
Cost across usage levels
The cheapest plan at each consumption level, showing whether the ranking holds as usage changes.
- 500 kWh/mo — cheapest $515.20 (Dual Fuel Service Residential Schedule 1DF), dearest $1,569.54, a $1,054.34 spread
- 1,000 kWh/mo — cheapest $974.36 (Dual Fuel Service Residential Schedule 1DF), dearest $3,048.09, a $2,073.73 spread
- 2,000 kWh/mo — cheapest $1,892.68 (Dual Fuel Service Residential Schedule 1DF), dearest $6,005.26, a $4,112.58 spread
What a typical bill costs
At 1,000 kWh a month the 12 priceable plans here run from $974.36 on Dual Fuel Service Residential Schedule 1DF to $3,048.09 on Residential Off-Peak Plan, with a median of $1,623.26.
The spread is $2,073.73 a year — about $172.81 a month for identical electricity.
Effective rates, bill divided by kilowatt-hours, span 8.1¢ to 25.4¢ per kWh at that usage.
What each provider costs
2 utilities serve customers across Virginia in this data. At 1,000 kWh a month the cheapest of them is Virginia Electric & Power Co (North Carolina) at $974.36 a year on Dual Fuel Service Residential Schedule 1DF; the dearest is Virginia Electric & Power Co at $1,708.36.
That is $734.00 a year between the best each provider offers — and unlike a choice of plan, it is not a choice at all. Which utility serves an address is fixed by the service territory.
Cheapest available plan by provider: Virginia Electric & Power Co (North Carolina) $974.36; Virginia Electric & Power Co $1,708.36.
How the answer changes with usage
Dual Fuel Service Residential Schedule 1DF is cheapest at every level tested — $515.20 a year at 500 kWh a month, $1,892.68 at 2,000 kWh.
The penalty for a poor choice grows with usage: $1,054.34 a year at 500 kWh against $4,112.58 at 2,000 kWh.
How these plans are structured
Of 12 priceable plans: 1 tiered, 11 time-of-use, 2 with demand charges, 1 flat-rate.
Fixed monthly charges run from $3.14 to $15.97.
Who provides these plans
These plans come from 2 utilities: Virginia Electric & Power Co, Virginia Electric & Power Co (North Carolina).
The largest saving available here
Moving from Residential Off-Peak Plan to Dual Fuel Service Residential Schedule 1DF saves $2,073.73 a year at 1,000 kWh a month, with no change in consumption.
What this does not cover
11 of these plans price by hour. WattClear does not know which hours a household uses, so those estimates carry lower confidence and say so on the figure.
New to these terms? The methodology page explains tiered bands, time-of-use periods and fixed charges, and sets out exactly what the rate engine assumes.
Estimate — your actual bill may differ.
Tariff structures from NREL/OpenEI Utility Rate Database (CC0 1.0), retrieved September 2, 2026.
Location resolved through the US Census Bureau Geocoder (Public domain) at 37.5407, -77.4360.