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

Electricity prices in Virginia

What homes in Virginia pay for electricity, from EIA.

Headlines

Average price
16.6¢ a kWh
Up 12% on a year ago
Average bill
$177 a month
Up 13% on a year ago
Average use
1,066 kWh
A month. US 875 kWh
Price rank
21 of 51
1 is the most expensive

Over the 12 months to August 2026, Virginia homes paid 16.6¢ a kWh, against a US average of 18.0¢.

Virginia vs the US

VirginiaUS
Average price, 12 months to August 202616.6¢18.0¢
Price in August 202617.6¢18.2¢
Average monthly bill, 12 months$177$158
Bill in August 2026$220$209
Average monthly use1,066 kWh875 kWh
Price change, past year+12%+6.5%
Price change since 2019+38%+39%

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. Bills peak in summer and winter.

Up to and including August 2026

Natural gas price

Average residential price a thousand cubic feet, by month. Summer prices are high because fixed charges are spread over little gas.

Up to and including August 2026

Utilities in Virginia

Past 12 months, utilities with 10,000 homes or more. These utilities serve 86% of homes in Virginia; smaller utilities serve the rest.

Dominion Energy VirginiaInvestor-owned17.3¢+18%$1792,433,594
Appalachian Power (AEP)Investor-owned16.4¢-5.4%$175469,780
Rappahannock Electric CooperativeCooperative15.9¢+3.1%$195174,338
Shenandoah Valley Electric CooperativeCooperative14.9¢+5.3%$17788,055
A & N Electric CooperativeCooperative14.9¢+8.0%$14933,269
Kentucky UtilitiesInvestor-owned15.9¢+7.7%$19322,488

Heating fuels in Virginia: heating oil, propane.