Electricity rates — Virginia Electric & Power Co (North Carolina)
A household served by Virginia Electric & Power Co (North Carolina) using 1,000 kWh a month pays about $974.36 a year on the cheapest of 4 generally available plans — Dual Fuel Service Residential Schedule 1DF from Virginia Electric & Power Co (North Carolina). Rates checked September 2, 2026.
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¢ |
| Energy TOU Residential Service Schedule 1Ttime-of-use | $1,538.17 | +$563.81 | 12.8¢ |
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 $864.88, a $349.68 spread
- 1,000 kWh/mo — cheapest $974.36 (Dual Fuel Service Residential Schedule 1DF), dearest $1,538.17, a $563.81 spread
- 2,000 kWh/mo — cheapest $1,892.68 (Dual Fuel Service Residential Schedule 1DF), dearest $2,884.64, a $991.96 spread
What a typical bill costs
At 1,000 kWh a month the 4 priceable plans here run from $974.36 on Dual Fuel Service Residential Schedule 1DF to $1,538.17 on Energy TOU Residential Service Schedule 1T, with a median of $1,270.66.
The spread is $563.81 a year — about $46.98 a month for identical electricity.
Effective rates, bill divided by kilowatt-hours, span 8.1¢ to 12.8¢ per kWh at that usage.
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: $349.68 a year at 500 kWh against $991.96 at 2,000 kWh.
Cheapest 4 plans at 1,000 kWh a month
Dual Fuel Service Residential Schedule 1DF — $974.36 a year, 8.1¢ per kWh effective, time-of-use. It carries a $4.67 monthly standing charge.
TOU Residential Service Schedule 1P — $1,091.96 a year, 9.1¢ per kWh effective, time-of-use and demand-charged. It carries a $15.97 monthly standing charge.
Basic Residential Rate Schedule 1 — $1,449.36 a year, 12.1¢ per kWh effective, time-of-use. It carries a $15.97 monthly standing charge.
Energy TOU Residential Service Schedule 1T — $1,538.17 a year, 12.8¢ per kWh effective, time-of-use. It carries a $15.97 monthly standing charge.
How these plans are structured
Of 4 priceable plans: 4 time-of-use, 1 with demand charges.
Fixed monthly charges run from $4.67 to $15.97.
Who provides these plans
Virginia Electric & Power Co (North Carolina) was found serving Richmond, Virginia. 4 of its 4 published residential schedules can be priced.
The largest saving available here
Moving from Energy TOU Residential Service Schedule 1T to Dual Fuel Service Residential Schedule 1DF saves $563.81 a year at 1,000 kWh a month, with no change in consumption.
What this does not cover
4 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.