Virginia Electric & Power Co. electricity rates
Investor-owned utility · North Carolina
Virginia Electric & Power Co. is a for-profit, investor-owned utility regulated by the state utility commission, serving 109,057 homes in North Carolina. Its residential customers pay an average of 13.32¢/kWh including fixed and delivery charges, 26% less than the U.S. average.
Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.
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Virginia Electric & Power Co. bill estimates
| Monthly use | At average all-in rate |
|---|---|
| 500 kWh | $66.60 |
| 1,000 kWh | $133.20 |
| 1,500 kWh | $199.80 |
| 2,000 kWh | $266.40 |
Virginia Electric & Power Co. residential rate plans
| Plan | Effective | Customer charge | Energy charges |
|---|---|---|---|
| Residential Schedule 1G (Experimental Service)time-of-use | 2026-01-01 | $7.58 | 12.0¢ (12am–5am) · 13.8¢ (5am–3pm, 6pm–12am) · 29.7¢ (3pm–6pm) — summer weekdays |
| Residential Schedule 1time-of-use | 2026-01-01 | $7.58 | 16.4¢ (12am–12am) — summer weekdays |
| Residential Energy TOU Schedule 1Ttime-of-use | 2026-01-01 | $12.99 | 11.9¢ (12am–11am, 10pm–12am) · 23.4¢ (11am–10pm) — summer weekdays |
| 1S Residential Service (Demand Time-of-Use)time-of-use | 2026-01-01 | $12.99 | 11.5¢ (12am–11am, 10pm–12am) · 14.4¢ (11am–10pm) — summer weekdays |
| 1EV Residential Service with Electric Vehicle Charging (Experimental)time-of-use | 2026-01-01 | $7.58 | 19.9¢ (1pm–7pm) · 15.2¢ (10am–1pm, 7pm–10pm) · 13.7¢ (12am–1am, 5am–10am, 10pm–12am) · 9.7¢ (1am–5am) — summer weekdays |
| EV Residential Electric Vehicle Charging (Experimental)time-of-use | 2026-01-01 | $3.14 | 10.3¢ (1am–5am) · 16.5¢ (12am–1am, 5am–6am, 10pm–12am) · 21.2¢ (6am–10pm) — summer weekdays |
| Residential Off-Peak Plantime-of-use | 2026-01-01 | $7.58 | 21.0¢ (12am–5am) · 22.8¢ (5am–3pm, 6pm–12am) · 38.7¢ (3pm–6pm) — summer weekdays |
| Basic Residential Rate Schedule 1time-of-use | 2025-02-01 | $15.97 | 11.6¢ (12am–12am) — summer weekdays |
| 1W Residential Service (Time Controlled Storage Water Heating) | 2026-01-01 | $4.49 | 11.78¢ |
Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.
Virginia Electric & Power Co. rate history
2015–2025: +20% change in the average residential rate (10.63¢ → 12.74¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | Virginia Electric & Power Co. | North Carolina avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 286 | 195 | 266 |
| Outages per customer (SAIFI) | 1.49 | 1.38 | 1.34 |
| Average restoration time (CAIDI) | 3 hr 12 min | — | — |
| Outage minutes excluding major storms | 137 | 139 | 121 |
Outages in counties served (2025)
From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Virginia Electric & Power Co.'s counties, customers averaged 4 hr 28 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Hyde | 2,484 | 31 | 2,900 | 2025-10-29 |
| Warren | 2,096 | 102 | 4,376 | 2025-05-17 |
| Northampton | 1,303 | 42 | 4,999 | 2025-05-17 |
| Granville | 1,233 | 85 | 11,070 | 2025-10-09 |
| Person | 774 | 83 | 2,291 | 2025-01-06 |
| Halifax | 667 | 52 | 10,700 | 2025-05-17 |
| Cabarrus | 523 | 89 | 12,549 | 2025-01-19 |
| Tyrrell | 433 | 24 | 1,660 | 2025-10-15 |
| Gates | 420 | 36 | 2,360 | 2025-08-12 |
| Dare | 315 | 48 | 8,097 | 2025-10-06 |
| Pitt | 303 | 30 | 23,397 | 2025-06-05 |
| Washington | 294 | 39 | 1,644 | 2025-02-04 |
| Perquimans | 264 | 24 | 1,470 | 2025-03-17 |
| Nash | 242 | 52 | 3,455 | 2025-03-05 |
| Currituck | 220 | 38 | 2,629 | 2025-09-16 |
| Beaufort | 207 | 36 | 2,661 | 2025-10-30 |
| Hertford | 205 | 48 | 1,493 | 2025-06-18 |
| Bertie | 203 | 54 | 1,209 | 2025-03-04 |
| Camden | 175 | 26 | 1,337 | 2025-05-17 |
| Edgecombe | 128 | 36 | 2,994 | 2025-06-14 |
| Martin | 120 | 38 | 1,947 | 2025-12-29 |
| Cumberland | 112 | 49 | 18,663 | 2025-11-05 |
| Brunswick | 78 | 41 | 16,898 | 2025-05-14 |
| Pasquotank | 69 | 19 | 1,464 | 2025-11-26 |
| Chowan | 25 | 6 | 221 | 2025-05-30 |
Virginia Electric & Power Co. service area
Virginia Electric & Power Co. serves 25 counties in North Carolina and 110 ZIP codes.
Beaufort, Bertie, Brunswick, Cabarrus, Camden, Chowan, Cumberland, Currituck, Dare, Edgecombe, Gates, Granville, Halifax, Hertford, Hyde, Martin, Nash, Northampton, Pasquotank, Perquimans, Person, Pitt, Tyrrell, Warren, Washington
Cities: Rocky Mount, Clayton, Elizabeth City, Roanoke Rapids, Tarboro, Washington, Oxford, Roxboro, Kill Devil Hills, Williamston, Ahoskie, Edenton, Windsor, Moyock, Plymouth, Kitty Hawk, Murfreesboro, Nags Head, Southern Shores, South Rosemary, Enfield, Hertford, Sharpsburg, Princeville, Scotland Neck, Wanchese, Bethel, Weldon, Robersonville, Manteo, Buxton, Pleasant Hill, Gaston
Programs, smart meters & solar
| Smart meters (AMI) for homes | 100% |
| Customers with daily usage data online | 108,406 |
| Time-based rate programs | Time-of-use rates |
| Homes on time-based rates | 553 |
| Net-metered solar homes | 752 |
| Homes in demand response (e.g. thermostat rebates) | 728 |
| Residential efficiency incentives paid (2025) | $903,000 |
| Residential energy saved by programs | 1,884 MWh |
Virginia Electric & Power Co. at a glance
| Ownership | Investor-owned utility |
| Services | — |
| Commercial rate | 11.20¢/kWh |
| Industrial rate | 6.41¢/kWh |
| Retail revenue (2025) | $407,516,900 |
| Electricity sold (2025) | 4,127,745 MWh |
| Balancing authority | PJM |
| EIA utility ID | 19876 |
| Website | www.dominionenergy.com/north-carolina-electric/save-energy |
Other utilities in North Carolina
Frequently asked questions
What is Virginia Electric & Power Co.'s electricity rate?
Virginia Electric & Power Co. residential customers pay an average of 13.32¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 10% below the North Carolina average of 14.77¢ and 26% below the U.S. average.
What is the average Virginia Electric & Power Co. electric bill?
About $171 a month. The average Virginia Electric & Power Co. home uses 1,285 kWh a month. At 1,000 kWh the bill would be about $133.
How many customers does Virginia Electric & Power Co. have?
Virginia Electric & Power Co. serves 109,057 residential customers and 128,522 customers in total in North Carolina, across 25 counties.
How reliable is Virginia Electric & Power Co.?
In 2025, the average Virginia Electric & Power Co. customer was without power for 4 hr 46 min (SAIDI) over 1.49 interruptions (SAIFI), including major storms. Excluding major event days it was 2 hr 17 min. The North Carolina average was 3 hr 15 min and the U.S. average 4 hr 26 min.
Does Virginia Electric & Power Co. offer time-of-use rates?
Yes. The OpenEI rate database lists 8 time-of-use residential plans, including Residential Schedule 1G (Experimental Service). Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.
Does Virginia Electric & Power Co. offer net metering for solar?
Virginia Electric & Power Co. had 752 residential net-metered customers in 2025 with 5.6 MW of capacity. Estimate solar savings at this utility's rate.
Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Virginia Electric & Power Co. before making decisions.