NewInsight: Investor-owned utilities charge 23% more for power

Dominion Energy Virginia electricity rates

What homes pay Dominion Energy Virginia for electricity, from EIA.

Investor-owned utility, 109,550 homes in North Carolina. EIA lists it as Virginia Electric & Power Co.

Headlines

Average price
13.5¢ a kWh
Up 3.7% on a year ago
Average bill
$175 a month
Up 6.3% on a year ago
Average use
1,296 kWh
A month. North Carolina 1,044 kWh
Price rank in North Carolina
5 of 7
1 is the most expensive

Over the 12 months to August 2026, Dominion Energy Virginia homes paid 13.5¢ a kWh, against 14.8¢ across North Carolina.

Dominion Energy Virginia vs North Carolina

Dominion Energy VirginiaNorth Carolina
Average price, 12 months to August 202613.5¢14.8¢
Price in August 202615.3¢14.9¢
Average monthly bill, 12 months$175$154
Bill in August 2026$250$196
Average monthly use1,296 kWh1,044 kWh
Price change, past year+3.7%+5.5%
Price change since 2019+15%+30%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026