Dominion Energy North Carolina electricity rates
Virginia Electric & Power Co (North Carolina), as the EIA and URDB list it
Virginia Electric & Power Co (North Carolina)'s customers paid 13.9¢ per kWh in 2024, riders included (EIA-861): about $167 a month for 1,201 kWh. Basic Residential Rate Schedule 1, the lowest of 2 open plans at 1,000 kWh a month, comes to $1,449 a year. Schedule retrieved October 8, 2026.
Every priced Virginia Electric & Power Co (North Carolina) plan, 1,000 kWh/mo
| Plan | Per year | vs cheapest | Effective |
|---|---|---|---|
| Basic Residential Rate Schedule 1✓ cheapestpriced by season · in effect since February 2025 | $1,449.36 | — | 12.1¢ |
| Energy TOU Residential Service Schedule 1Ttime-of-use · in effect since February 2025 | $1,672.06 | +$222.70 | 13.9¢ |
| Priced but not ranked — restricted, older, or not verifiable as a bill | |||
| Dual Fuel Service Residential Schedule 1DFpriced by season · in effect since January 2017 · needs a dual-fuel or interruptible system | $974.36 | −$475.00 | 8.1¢ |
| TOU Residential Service Schedule 1Ptime-of-use · demand charge · in effect since February 2025 · billed on peak kW, which monthly use cannot price; not ranked | $1,108.97 | −$340.39 | 9.2¢ |
Price Virginia Electric & Power Co (North Carolina)’s plans at your own usage — and see what moving from your current plan would save.
The cheapest Virginia Electric & Power Co (North Carolina) plan at each level of use
- 500 kWh/mo — cheapest $820.52 (Basic Residential Rate Schedule 1), dearest $931.84, a $111.32 spread
- 1,000 kWh/mo — cheapest $1,449.36 (Basic Residential Rate Schedule 1), dearest $1,672.06, a $222.70 spread
- 2,000 kWh/mo — cheapest $2,707.20 (Basic Residential Rate Schedule 1), dearest $3,152.45, a $445.25 spread
What a typical Virginia Electric & Power Co (North Carolina) bill costs
At 1,000 kWh a month the 2 generally available plans here run from $1,449.36 on Basic Residential Rate Schedule 1 to $1,672.06 on Energy TOU Residential Service Schedule 1T, with a median of $1,560.71.
Effective rates span 12.1¢ to 13.9¢ per kWh at that usage.
What Virginia Electric & Power Co (North Carolina)'s customers were billed in 2024
At 1,201 kWh a month, Virginia Electric & Power Co (North Carolina)'s median open plan comes to 12.7¢ per kWh, 9% below the 13.9¢ its customers were billed in 2024, riders included. Charges the schedules as recorded leave out, such as a monthly fuel adjustment, may account for some of that.
| Ownership, as EIA classes it | Investor-owned |
|---|---|
| Full-service homes in North Carolina | 108,656 |
| Share of North Carolina's households | 2% |
| Average use per home | 1,201 kWh a month |
| Average bill per home | $167.28 a month |
| Billed per kWh, riders included | 13.9¢ |
| Median open plan here, at that use | 12.7¢ |
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 Basic Residential Rate Schedule 1 bill at 1,000 kWh has moved since 2016
Virginia Electric & Power Co (North Carolina)'s Basic Residential Rate Schedule 1 cost $105.83 a month under its January 2016 version and costs $120.78 under its February 2025 one, 14% more. Its biggest single step, in February 2025, added $9.77 (8.8%). In North Carolina, EIA's average price rose 27% between 2016 and 2025.
Every version of Basic Residential Rate Schedule 1
| Took effect | At 1,000 kWh | Change | Record |
|---|---|---|---|
| February 2025 | $120.78 | +$9.77 (+8.8%) | URDB |
| January 2019 | $111.01 | +$5.48 (+5.2%) | URDB |
| January 2017 | $105.53 | −$0.30 (−0.3%) | URDB |
| January 2016 | $105.83 | First on record | URDB |
In the guides: Why electricity rates change
How it compares
Among the 100 utilities indexed, Virginia Electric & Power Co (North Carolina)'s cheapest open plan is the 13th-lowest, 22% less than their median of $1,849.47. It sits between Idaho Power Co ($1,447.26) and KCP&L Greater Missouri Operations ($1,463.74).
No other utility indexed in North Carolina has a cheaper open plan; the other 4 all start higher.
Basic Residential Rate Schedule 1 changes price with the season: a kWh costs 1.6¢ more in June to September than in October to May, and the same 1,000 kWh is billed $131.72 in its dearest month against $115.31 in its cheapest.
In the guides: The price that changes with the month
Which plan from Virginia Electric & Power Co (North Carolina) is cheapest as use rises
Basic Residential Rate Schedule 1 is cheapest at every level tested — $820.52 a year at 500 kWh a month, $2,707.20 at 2,000 kWh.
The penalty for a poor choice grows with usage: $111.32 a year at 500 kWh against $445.25 at 2,000 kWh.
Cheapest 4 plans at 1,000 kWh a month
Basic Residential Rate Schedule 1 — $1,449.36 a year, 12.1¢ per kWh effective, priced by season. It carries a $15.97 monthly standing charge. In effect since February 2025.
Energy TOU Residential Service Schedule 1T — $1,672.06 a year, 13.9¢ per kWh effective, time-of-use. It carries a $15.97 monthly standing charge. In effect since February 2025.
Dual Fuel Service Residential Schedule 1DF — $974.36 a year, 8.1¢ per kWh effective, priced by season. It carries a $4.67 monthly standing charge. In effect since January 2017. Too old to quote as a current price.
TOU Residential Service Schedule 1P — $1,108.97 a year, 9.2¢ per kWh effective, time-of-use and demand-charged. It carries a $15.97 monthly standing charge. In effect since February 2025. Not ranked: it bills on peak demand, which monthly use cannot price.
How Virginia Electric & Power Co (North Carolina)'s plans are structured
Of 4 priceable plans: 2 time-of-use, 2 priced by season, 1 with demand charges.
Fixed monthly charges run from $4.67 to $15.97.
Virginia Electric & Power Co (North Carolina)'s published schedules
URDB files Virginia Electric & Power Co (North Carolina)'s schedules under North Carolina, and they are compared there with that state's other utilities. 4 of its 4 published residential schedules can be priced.
The largest saving among Virginia Electric & Power Co (North Carolina)'s plans
Moving from Energy TOU Residential Service Schedule 1T to Basic Residential Rate Schedule 1 saves $222.70 a year at 1,000 kWh a month, with no change in consumption.
When Virginia Electric & Power Co (North Carolina)'s time-of-use plans charge most
Energy TOU Residential Service Schedule 1T charges 27.3¢ a kWh weekdays 1 pm to 9 pm, June to September, against 6.1¢ in its cheapest hours; those dearest hours are 8% of the year. Homes in North Carolina typically put 11% 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 (North Carolina) figures do not cover
2 of these plans price by the hour; their figures assume the typical hourly pattern of homes in North Carolina, not this household's own hours.