States › Virginia › Virginia Electric & Power Co

investor-owned utility · EIA utility 19876

Virginia Electric & Power Co

2,492,204 residential customers in 2 states · 129 counties in territory · balancing authority PJM

Form EIA-861, 2024 final2025 early release shown in trendMonthly to Jul 2026

Average residential price, 2024. Dial position: 62% of 1,230 US utilities had this price or lower. Ticks: Virginia and US averages.

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. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.

In its Form EIA-861 filing for 2024, Virginia Electric & Power Co, an investor-owned utility, reported 2,492,204 residential customers in Virginia and 1 other state, with a service territory that touches 129 counties.

Its average residential price that year was 14.09¢ per kilowatthour, about the same as the Virginia average of 14.41¢ and 15% below the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.

That works out to an average residential bill of $142.75 a month on average use of 1,013 kWh a month. Across Virginia the average bill was $148.77 on 1,032 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.

For reliability it reported a SAIDI of 171.9 minutes per customer with major event days included and 129.8 minutes with them excluded, calculated under another method. The median among Virginia utilities reporting was 301.0 minutes with major event days; this utility's figure is 43% below that median.

The average price is up 17.0% on 2019, against up 19.4% for Virginia as a whole, and up 1.4% on 2023. EIA's early release for 2025, which has not been fully edited, shows 15.07¢.

14.09¢average residential price per kWhVirginia 14.41¢ · US 16.48¢

$142.75average monthly residential billon 1,013 kWh a month

2,492,204residential customers2,783,257 customers in all sectors

171.9SAIDI minutes per customer, all eventsVirginia median 301.0

Compared with Virginia, the US and other investor-owned utilities

Measure, 2024	This utility	Investor-owned utilities, US median	Virginia	United States
Average residential price per kWh	14.09¢	16.17¢	14.41¢	16.48¢
Average monthly residential bill	$142.75	$131.47	$148.77	$142.26
Average monthly use, kWh	1,013	787	1,032	863
Residential price change, 1 year	+1.4%	—	+1.1%	+3.0%
Residential price change, 5 years	+17.0%	—	+19.4%	+26.7%
SAIDI, all events (minutes)	171.9	278.7	301.0 median	184.5 median
SAIDI, without major event days	129.8	106.5	131.3 median	99.8 median

State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 3 filings by investor-owned utilities in Virginia, the median price was 14.28¢. In Virginia this utility's price ranks 11 of 19, counting from the highest.

Average price by year

Virginia Electric & Power CoVirginia averageUS average

Cents per kWh, nominal. The hollow point is EIA's 2025 early release, which has not been fully edited.

Year by year

Year	¢ per kWh	Virginia ¢	Monthly bill	kWh a month	Residential customers	All sales
2025 early release	15.07¢	15.28¢	$158.00	1,049	2,517,958	104.6 TWh
2024	14.09¢	14.41¢	$142.75	1,013	2,492,204	98.6 TWh
2023	13.90¢	14.26¢	$134.89	970	2,464,971	96.7 TWh
2022	13.32¢	13.34¢	$142.11	1,067	2,439,354	97 TWh
2021	12.09¢	11.96¢	$130.12	1,076	2,414,583	91.8 TWh
2020	12.15¢	12.03¢	$133.25	1,097	2,381,861	85.9 TWh
2019	12.04¢	12.07¢	$134.31	1,116	2,348,632	86 TWh
2018	11.65¢	11.73¢	$134.30	1,153	2,323,662	85.4 TWh
2017	11.52¢	11.55¢	$123.50	1,072	2,298,895	80.8 TWh
2016	11.15¢	11.36¢	$123.36	1,106	2,275,550	80.7 TWh
2015	11.03¢	11.37¢	$126.22	1,144	2,252,438	80.5 TWh
2014	10.82¢	11.10¢	$125.55	1,160	2,229,639	80 TWh
2013	10.72¢	10.84¢	$122.98	1,147	2,206,658	78.8 TWh

Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12. EIA describes its early release as not fully edited; it is shown for this utility alone and enters no average, median or rank on this site.

Month by month

Virginia Electric & Power Co (VA)Virginia average

Form EIA-861M monthly sample, bundled residential service in Virginia. Preliminary until EIA finalises the year. Latest: 18.71¢ in July 2026, average bill $241.36 on 1,290 kWh.

Sales by sector, 2024

Sector	Customers	Sales	Share of sales	Revenue	¢ per kWh, bundled
Residential	2,492,204	30.3 TWh	31%	$4,269,146,800	14.09¢
Commercial	290,177	61.1 TWh	62%	$5,097,751,400	8.91¢
Industrial	875	6.9 TWh	7%	$445,458,000	7.99¢
Transportation	1	285.8 GWh	0%	$26,443,300	—

Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 99 TWh in total, of which 77% was its own net generation and 22.8 TWh was bought wholesale; summer peak demand 18,409 MW.

By state

State	Residential customers	¢ per kWh	State average ¢	Monthly bill	SAIDI, all events
Virginia	2,383,548	14.09¢	14.41¢	$141.63	172.1
North Carolina	108,656	13.93¢	14.13¢	$167.28	167.0

Reliability

SAIDI, all events171.9 min

SAIDI, without major event days129.8 min

Minutes of sustained interruption per customer in 2024, as the utility reported them under another method. SAIFI: 1.35 interruptions per customer with major event days, 1.20 without; CAIDI 126.9 minutes per interruption. EIA's Virginia total across all reporting utilities was 418.3 minutes with major event days and 166.4 without. Major event days are storms and similar events that a utility's chosen method sets apart; methods differ, so treat comparisons as approximate. What SAIDI and SAIFI mean.

Year	SAIDI, all events	SAIDI, no major events	SAIFI, all events	SAIFI, no major events	Method
2025 early release	305.7	144.0	1.77	1.32	Other
2024	171.9	129.8	1.35	1.20	Other
2023	187.8	123.7	1.36	1.16	Other
2022	407.6	135.0	1.64	1.19	Other
2021	308.9	132.1	1.46	1.16	Other
2020	322.4	139.7	1.65	1.25	Other
2019	281.9	149.5	1.68	1.24	Other
2018	261.4	148.1	1.53	1.29	Other
2017	166.6	117.1	1.31	1.09	Other
2016	205.9	137.2	1.48	1.27	Other
2015	182.4	119.6	1.38	1.16	Other
2014	153.6	112.5	1.33	1.16	Other
2013	286.9	106.2	1.41	1.05	Other

Generation at plants it operates, 2025

Natural gas 52.2% 41.7 TWh
Nuclear 35.3% 28.2 TWh
Coal 9.8% 7.8 TWh
Other 1.3% 1 TWh
Petroleum 0.6% 443.3 GWh
Hydro 0.5% 412.8 GWh
Solar 0.2% 160.5 GWh
Wind 0.1% 49.9 GWh

Net generation of 79.8 TWh at power plants this utility operates, from Form EIA-923. It is not the mix delivered to customers: utilities also buy power wholesale (22.8 TWh in 2024), sell generation to others and may co-own plants that another company operates.

Counties in its service territory

Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.

Other utilities in Virginia

Utility	Ownership	Residential customers	¢ per kWh	Monthly bill	SAIDI, all events	SAIDI, no major events
Appalachian Power Co	Investor-owned	814,229	16.91¢	$181.38	1,764.9	443.4
Rappahannock Electric Coop	Cooperative	169,489	14.89¢	$170.46	301.0	188.6
Northern Virginia Elec Coop	Cooperative	167,274	11.57¢	$132.36	94.6	62.4
Shenandoah Valley Elec Coop	Cooperative	85,281	13.81¢	$160.97	480.8	225.9
Southside Electric Coop, Inc	Cooperative	56,846	15.48¢	$171.45	392.1	309.2
City of Danville	Municipal	37,781	15.01¢	$149.24	—	—
Central Virginia Electric Coop	Cooperative	34,893	16.14¢	$191.14	351.0	351.0
A & N Electric Coop	Cooperative	33,349	13.03¢	$120.51	107.9	85.6

All Virginia utilities · Investor-owned utilities nationwide

Questions and answers

How much does electricity cost from Virginia Electric & Power Co?

Residential customers paid an average of 14.09¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.

How does that compare with Virginia?

The Virginia average residential price in 2024 was 14.41¢ and the US average 16.48¢; Virginia Electric & Power Co was about the same as the state figure. Among 19 utility filings with a bundled residential price in Virginia, it had the 11th highest.

What is the average Virginia Electric & Power Co bill?

$142.75 a month in 2024, on average residential use of 1,013 kWh a month (annual revenue and sales divided by customers and by twelve). The Virginia average was $148.77 on 1,032 kWh.

How reliable is Virginia Electric & Power Co service?

It reported 171.9 minutes of interruption per customer (SAIDI) including major event days and 129.8 minutes excluding them, with 1.35 interruptions per customer (SAIFI) in 2024. Utilities calculate these under differing methods, so comparisons are approximate.

Is the Virginia Electric & Power Co price rising?

The average residential price was up 1.4% in 2024 compared with 2023 and up 17.0% compared with 2019. EIA's early, not fully edited release for 2025 shows 15.07¢.

Which counties does Virginia Electric & Power Co serve?

Its Form EIA-861 service territory lists 129 counties, including Beaufort County, NC, Bertie County, NC, Brunswick County, NC, Cabarrus County, NC, Camden County, NC and Chowan County, NC. A county can appear in several utilities' territories.

Provenance

Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "Virginia Electric & Power Co", utility number 19876; the 2025 row is from EIA's early release. Monthly utility figures are from the Form EIA-861M sample. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. Generation by fuel is from Form EIA-923, 2025 final. All are US government works in the public domain. Page built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.