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Virginia Electric & Power Co

Virginia Electric & Power Co served 109,057 residential customers in North Carolina in 2025 (2.1% of the state's residential customers), the 4th largest of 54 utilities reporting there. Bundled service; ownership: investor owned; balancing authority PJM.

The meter, one average month.

Scroll to run 30 days of Virginia Electric & Power Co's average residential use through a five-dial register.

Day 30 of 30
Used so far
1,285 kWh
At 12.74¢/kWh
$164
An average 2025 month: 1,285 kWh at 12.74¢ comes to about $164, the average bill. Use is spread evenly over 30 days for the picture.

Price ruler0 to 50¢ per kWh

Where 12.74¢ sits.

Virginia Electric & Power Co averaged 12.74¢ per kWh against a North Carolina residential average of 14.02¢: 9.1% below the state figure. Among the 3 investor owned utilities in North Carolina with bundled residential sales, it ranks 1st from the lowest price.

2020 and 2025EIA-861

Five years, same meter.

In 2020 the average Virginia Electric & Power Co home used 1,303 kWh a month at 11.59¢ and paid $151. In 2025 it used 1,285 kWh at 12.74¢ and paid $164: the price per kWh is up 9.9%.

Virginia Electric & Power Co, North Carolina, residential averages, 2020 and 2025
Measure20202025
Price, ¢/kWh11.5912.74
Use, kWh a month1,3031,285
Bill, US$ a month150.98163.67
Virginia Electric & Power Co customers and sales by class in North Carolina, 2025, EIA-861 (bundled service)
ClassCustomersMWh sold¢/kWh
Residential109,0571,681,16912.74
Commercial19,397975,64610.63
Industrial681,470,9306.09

Who else is on the line

Homes are one class.

Homes took 40.7% of the electricity Virginia Electric & Power Co sold in North Carolina in 2025.

Rooftop solar on its linesnet metering

747 roofs.

Residential net-metered PV
747installations reported for 2025
Capacity
5.5 MWresidential, net metered
Per 1,000 homes
6.8installations per 1,000 residential customers

Service territoryEIA-861

25 counties.

BeaufortBertieBrunswickCabarrusCamdenChowanCumberlandCurrituckDareEdgecombeGatesGranvilleHalifaxHertfordHydeMartinNashNorthamptonPasquotankPerquimansPersonPittTyrrellWarren

Counties in North Carolina where Virginia Electric & Power Co reported serving customers in 2025 (25 in all; up to 24 listed).

EIA-8612025Utility 19876

The filing, line by line.

Virginia Electric & Power Co, North Carolina, residential class, 2025. Price basis: revenue divided by kWh sold, all residential customers.
MeasureValueUnit
Average price12.74¢/kWh
North Carolina average price14.02¢/kWh
Difference from state average-9.1%
Price change over 5 years9.9%
Typical monthly use1,285kWh
Typical monthly bill163.67US$
Residential customers109,057accounts
Share of NC residential customers2.1%
Size rank in NC4 of 54by customers
Price rank, investor owned peers1 of 31 = lowest

Rate plans on fileOpenEI URDB

None shown for this page. Plan counts appear once per utility, on its largest state's bundled page; how plans are counted.

North Carolina: state average, five-year steps and every provider

Read this first

  • Class-wide averages, not a quote or a bill for any one customer.
  • Plan data comes from a public, crowd-maintained database and can be out of date.
  • All prices on this site are in cents per kWh unless marked otherwise. Bills are US dollars per month.

Credits and notices

The credits and notices that each data source requires are printed word for word with that source in the Sources list below.