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States › Virginia › September 2023

Virginia electricity prices, September 2023

Average price, sales and bills for the month against the same month a year earlier and the US. Final

In September 2023, residential customers in Virginia paid an average of 14.69¢ per kilowatthour, little changed on the same month a year earlier (14.58¢). The US average for the month was 16.27¢; Virginia was 9.7% below that. It ranked 26th highest among the 50 states and the District of Columbia.

Residential sales were 3,513,697 MWh, up 2.7% on a year earlier, and the average residential bill for the month was $142.76 on 972 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.

EIA marks this month as final. Final monthly figures are benchmarked to the annual Form EIA-861 census of utilities.

14.69¢residential, per kWh+0.8% on Sep 2022
$142.76average residential bill for the monthon 972 kWh
3.5 TWhresidential sales+2.7% on a year earlier
26thhighest residential price of 51US 16.27¢

Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.

Price by sector

SectorSep 2023Sep 2022ChangeUS, Sep 2023
Residential14.69¢14.58¢+0.8%16.27¢
Commercial8.29¢10.63¢-22.0%13.07¢
Industrial9.12¢8.56¢+6.5%8.43¢
All sectors10.43¢11.63¢-10.3%13.14¢

Sales and customers

MeasureSep 2023Sep 2022Change
Residential sales3.5 TWh3.4 TWh+2.7%
Sales, all sectors11 TWh10.7 TWh+2.7%
Residential customers3,615,7583,591,539+0.7%
Average residential bill$142.76$138.90+2.8%
Average residential use, kWh972953+2.0%
US residential price16.27¢16.19¢+0.5%

The two years to September 2023

0¢5¢10¢15¢20¢Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023

Virginia residentialUS residential

Cents per kWh, Form EIA-861M.
← August 2023October 2023 →

Questions and answers

What was the average electricity price in Virginia in September 2023?

14.69¢ per kilowatthour for residential customers, 8.29¢ for commercial and 9.12¢ for industrial customers. EIA marks the month as final.

How does that compare with a year earlier?

The residential average was 14.58¢ in September 2022, a change of +0.8%. Residential sales changed by +2.7% over the same period.

What was the average residential bill that month?

$142.76, on average use of 972 kWh. This is residential revenue divided by residential customers for the month.

Provenance

Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Final" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Virginia page.