Dominion Energy Virginia electricity rates
Virginia Electric & Power Co, as the EIA and URDB list it
Virginia Electric & Power Co's customers paid 14.1¢ per kWh in 2024, riders included (EIA-861): about $142 a month for 1,005 kWh. Residential Schedule 1, the lowest of 3 open plans at 1,000 kWh a month, comes to $2,022 a year. Schedule retrieved October 8, 2026.
Every priced Virginia Electric & Power Co plan, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| Residential Schedule 1✓ cheapestpriced by season · tiered · in effect since January 2026 | $2,022.36 | — | 16.9¢ |
| Residential Energy TOU Schedule 1Ttime-of-use · in effect since January 2026 | $2,035.99 | +$13.63 | 17.0¢ |
| Residential Off-Peak Plantime-of-use · in effect since January 2026 | $3,110.53 | +$1,088.17 | 25.9¢ |
| Priced but not ranked — restricted, older, or not verifiable as a bill | |||
| 1W Residential Service (Time Controlled Storage Water Heating)flat rate · in effect since January 2026 · needs electric heating | $1,467.36 | −$555.00 | 12.2¢ |
| 1S Residential Service (Demand Time-of-Use)time-of-use · demand charge · in effect since January 2026 · billed on peak kW, which monthly use cannot price; not ranked | $1,728.18 | −$294.18 | 14.4¢ |
| 1EV Residential Service with Electric Vehicle Charging (Experimental)time-of-use · in effect since January 2026 · experimental | $2,002.41 | −$19.95 | 16.7¢ |
| Residential Schedule 1G (Experimental Service)time-of-use · in effect since January 2026 · experimental | $2,031.47 | +$9.11 | 16.9¢ |
| EV Residential Electric Vehicle Charging (Experimental)time-of-use · in effect since January 2026 · experimental | $2,339.07 | +$316.71 | 19.5¢ |
Price Virginia Electric & Power Co’s plans at your own usage — and see what moving from your current plan would save.
The cheapest Virginia Electric & Power Co plan at each level of use
- 500 kWh/mo — cheapest $1,067.64 (Residential Schedule 1), dearest $1,600.74, a $533.10 spread
- 1,000 kWh/mo — cheapest $2,022.36 (Residential Schedule 1), dearest $3,110.53, a $1,088.17 spread
- 2,000 kWh/mo — cheapest $3,865.92 (Residential Schedule 1), dearest $6,130.09, a $2,264.17 spread
What a typical Virginia Electric & Power Co bill costs
At 1,000 kWh a month the 3 generally available plans here run from $2,022.36 on Residential Schedule 1 to $3,110.53 on Residential Off-Peak Plan, with a median of $2,035.99.
Effective rates span 16.9¢ to 25.9¢ per kWh at that usage.
What Virginia Electric & Power Co's customers were billed in 2024
At 1,005 kWh a month, Virginia Electric & Power Co's median open plan comes to 17.0¢ per kWh, 20% above the 14.1¢ its customers were billed in 2024, riders included. Rates set since 2024 may account for some of that.
| Ownership, as EIA classes it | Investor-owned |
|---|---|
| Full-service homes in Virginia | 2,383,548 |
| Share of Virginia's households | 65% |
| Average use per home | 1,005 kWh a month |
| Average bill per home | $141.63 a month |
| Billed per kWh, riders included | 14.1¢ |
| Median open plan here, at that use | 17.0¢ |
Virginia Electric & Power Co in U.S. Energy Information Administration, Form EIA-861, 2024 (Sales_Ult_Cust_2024.xlsx), retrieved September 23, 2026.
How the Residential Schedule 1 bill at 1,000 kWh has moved since 2019
Virginia Electric & Power Co's Residential Schedule 1 cost $122.83 a month under its July 2019 version and costs $168.53 under its January 2026 one, 37% more. Its biggest single step, in January 2026, added $32.40 (24%). In Virginia, EIA's average price rose 27% between 2019 and 2025.
Every version of Residential Schedule 1
| Took effect | At 1,000 kWh | Change | Record |
|---|---|---|---|
| January 2026 | $168.53 | +$32.40 (+23.8%) | URDB |
| January 2025 | $136.13 | +$12.79 (+10.4%) | URDB |
| September 2023 | $123.34 | −$9.91 (−7.4%) | URDB |
| January 2022 | $133.25 | +$10.42 (+8.5%) | URDB |
| July 2021 | $122.83 | $0.00 (0.0%) | URDB |
| July 2019 | $122.83 | First on record | URDB |
In the guides: Why electricity rates change
How it compares
Among the 100 utilities indexed, Virginia Electric & Power Co's cheapest open plan is the 40th-highest, 9% more than their median of $1,849.47. It sits between Duke Energy Indiana Inc ($2,010.36) and Public Service Co of Colorado ($2,035.24).
Its fixed charge, $7.58 a month on Residential Schedule 1, is lower than on the cheapest plan of 92 of the other 99 utilities.
Residential Schedule 1 is tiered: past 800 kWh a month, each kWh costs 0.3¢ more. Of the 47 utilities whose plans step, that is the 4th-smallest step.
Residential Off-Peak Plan changes price with the season: a kWh costs 0.4¢ more in October to April than in May to September, and the same 1,000 kWh is billed $264.77 in its dearest month against $252.35 in its cheapest.
In the guides: What a bill costs before a single kilowatt-hour · The price that changes once the meter passes a line · The price that changes with the month
Which plan from Virginia Electric & Power Co is cheapest as use rises
Residential Schedule 1 is cheapest at every level tested — $1,067.64 a year at 500 kWh a month, $3,865.92 at 2,000 kWh.
The penalty for a poor choice grows with usage: $533.10 a year at 500 kWh against $2,264.17 at 2,000 kWh.
Cheapest 6 plans at 1,000 kWh a month
Residential Schedule 1 — $2,022.36 a year, 16.9¢ per kWh effective, tiered and priced by season. It carries a $7.58 monthly standing charge. In effect since January 2026.
Residential Energy TOU Schedule 1T — $2,035.99 a year, 17.0¢ per kWh effective, time-of-use. It carries a $12.99 monthly standing charge. In effect since January 2026.
Residential Off-Peak Plan — $3,110.53 a year, 25.9¢ per kWh effective, time-of-use. It carries a $7.58 monthly standing charge. In effect since January 2026.
1W Residential Service (Time Controlled Storage Water Heating) — $1,467.36 a year, 12.2¢ per kWh effective, flat rate. It carries a $4.49 monthly standing charge. In effect since January 2026. Restricted: needs electric heating.
1S Residential Service (Demand Time-of-Use) — $1,728.18 a year, 14.4¢ per kWh effective, time-of-use and demand-charged. It carries a $12.99 monthly standing charge. In effect since January 2026. Not ranked: it bills on peak demand, which monthly use cannot price.
1EV Residential Service with Electric Vehicle Charging (Experimental) — $2,002.41 a year, 16.7¢ per kWh effective, time-of-use. It carries a $7.58 monthly standing charge. In effect since January 2026. Restricted: experimental.
How Virginia Electric & Power Co's plans are structured
Of 8 priceable plans: 1 tiered, 6 time-of-use, 1 priced by season, 1 with demand charges, 1 flat-rate.
Fixed monthly charges run from $3.14 to $12.99.
Virginia Electric & Power Co's published schedules
Virginia Electric & Power Co was found serving Richmond, Virginia. 8 of its 8 published residential schedules can be priced.
The largest saving among Virginia Electric & Power Co's plans
Moving from Residential Off-Peak Plan to Residential Schedule 1 saves $1,088.17 a year at 1,000 kWh a month, with no change in consumption.
When Virginia Electric & Power Co's time-of-use plans charge most
Residential Energy TOU Schedule 1T charges 23.4¢ a kWh weekdays 7 am to 11 am and 5 pm to 9 pm, October to May; and weekdays 11 am to 10 pm, June to September, against 11.9¢ in its cheapest hours; those dearest hours are 27% of the year. Homes in Virginia typically put 33% of their electricity in them (NREL ResStock), which is what its price above assumes: moving use out of them lowers the bill, adding to them raises it.
Residential Off-Peak Plan charges 38.7¢ a kWh weekdays 3 pm to 6 pm, May to September, against 21.0¢ in its cheapest hours; those dearest hours are 4% of the year. Homes in Virginia typically put 5% of their electricity in them (NREL ResStock), which is what its price above assumes: moving use out of them lowers the bill, adding to them raises it.
In the guides: Time-of-use plans, hour by hour
What the Virginia Electric & Power Co figures do not cover
6 of these plans price by the hour; their figures assume the typical hourly pattern of homes in Virginia, not this household's own hours.