Virginia · Investor Owned · serves 845 ZIP codes
Virginia Electric & Power Co rate plans
4 residential plans are currently open to new customers that we can price side by side. Some charge different prices depending on the hour — which is where most of the savings hide.
What does Virginia Electric & Power cost at a normal month’s usage?
A household using 1,000 kWh a month pays about $1,468 a year on the cheapest of the 7 plans we can price here — 1W Residential Service (Time Controlled Storage Water Heating) — and $3,146 on the priciest. Same house, same wires.
| A month of | Cheapest, a year | On which plan | Priciest |
|---|---|---|---|
| 500 kWh | $761 | 1W Residential Service (Time Controlled Storage Water Heating) | $1,618 |
| 1,000 kWh | $1,468 | 1W Residential Service (Time Controlled Storage Water Heating) | $3,146 |
| 2,000 kWh | $2,882 | 1W Residential Service (Time Controlled Storage Water Heating) | $6,201 |
The same plan is cheapest at every level of use here, so the answer does not turn on how much you use. Estimates from the filed tariff, priced hour by hour on a household with central air — not a quote.
How much does the plan you pick actually matter here?
Run the same three-bedroom house with central air through every plan Virginia Electric & Power Co files in Virginia, and the bill lands anywhere between $1,633 and $2,497 a year. That $863 spread is not a difference in electricity — it is the same kilowatt-hours, from the same wires, priced under different rules. Nobody sends you a letter when you are on the wrong side of it.
Those figures describe Virginia, because comparing across zones would be misleading: your zone is set by where you live, not by anything you can choose. The plan lists further down are grouped the same way, so compare inside your own group — your bill names it.
3 of these 4 plans price by the hour. Those are the ones where moving laundry, dishes, or car charging into the cheap window changes the bill; on the rest, the clock is irrelevant and only the total matters. Which camp you belong in is the first question worth settling, because it decides whether shifting your day is worth anything at all.
Watch the fixed charges too. Across these plans they run from $91 to $156 a year before a single kilowatt-hour is counted. For a small household that difference alone can outweigh the per-kWh price, which is why comparing cents per kilowatt-hour on its own quietly misleads.
How Virginia Electric & Power compares across Virginia
Run the same three-bedroom house with central air through its default plan at each of the 5 Virginia utilities we cover, and Virginia Electric & Power comes in 4th cheapest at about $1,633 a year; the state median is $1,614. The range runs from $1,227 at Northern Virginia Elec to $2,222 at Kentucky Utilities, and since the utility is set by the address, the part of that gap you can act on is the plan, not the company.
The other two households tell the same story in different sizes: a small apartment pays about $883 here against a state median of $938, and the same house with an electric car charging overnight about $2,209 against $2,181. Effective rate, fixed charge included, is 17.3¢ per kilowatt-hour for the family home.
Inside Virginia Electric & Power itself, the gap between its cheapest and dearest plan for that house is $863 a year — less than the $995 between Virginia's cheapest and dearest utilities. Here the address decides most of the bill; the plan decides the rest.
Every Virginia utility we cover, priced for the same three households →
When are Virginia Electric & Power’s peak hours?
Virginia Electric & Power’s peak hours are 7am–11am, 5pm–9pm, October–May; 11am–10pm, June–September on 2 of its 8 time-of-use plans — the rest use different windows, below. Everything outside those hours is off-peak. Weekends are off-peak all day.
At peak, 1S Residential Service charges 14.4¢ a kWh; off-peak it is 11.5¢ — 1.2× apart. These hours only matter on a time-of-use plan — the default plan, Residential Schedule 1, charges one rate at every hour.
| Plan | Peak hours | Peak | Off-peak | Weekends |
|---|---|---|---|---|
| 1S Residential Service (Demand Time-of-Use)Virginia | 7am–11am, 5pm–9pm, October–May; 11am–10pm, June–September | 14.4¢ | 11.5¢ | off-peak all day |
| Residential Energy TOU Schedule 1TVirginia | 7am–11am, 5pm–9pm, October–May; 11am–10pm, June–September | 23.4¢ | 11.9¢ | off-peak all day |
| 1EV Residential Service with Electric Vehicle Charging (Experimental)Virginia | 1pm–7pm, April–September | 19.9¢ | 9.7¢ | partly priced |
| Energy TOU Residential Service Schedule 1TNorth Carolina | 1pm–9pm, June–September | 27.3¢ | 6.1¢ | partly priced |
| EV Residential Electric Vehicle Charging (Experimental)Virginia | 6am–10pm | 21.2¢ | 10.3¢ | partly priced |
| Residential Off-Peak PlanVirginia | 3pm–6pm, May–September | 38.7¢ | 21.0¢ | partly priced |
| Residential Schedule 1G (Experimental Service)Virginia | 3pm–6pm, May–September | 29.7¢ | 12.0¢ | partly priced |
| TOU Residential Service Schedule 1PNorth Carolina | 6am–noon, 5pm–9pm, October–May; 1pm–9pm, June–September | 8.1¢ | 5.7¢ | off-peak all day |
On Energy TOU Residential Service Schedule 1T, every kilowatt-hour a day you move from 1pm to midnight is worth about $75 a year in the month the gap is widest — an electric car or a water heater on a timer is the kind of load that actually moves. When to charge an electric car →
Which plan would cost you least?
No bill upload, no sign-up. Tell us roughly what a month costs you and what runs on electricity — we price every plan against the same household and show you the gap.
That adds up to 9,802 kWh a year. Compare it to the total on your bill and adjust until it’s close.
Same usage, different plan
$1,369a year
That is the gap between the cheapest plan you could be on — 1W Residential Service (Time Controlled Storage Water Heating) — and the priciest. Not by using less power. By being billed differently for the same power.
| Plan | Per year | Vs best |
|---|---|---|
| 1W Residential Service (Time Controlled Storage Water Heating)One rate, every hour of the year. | $1,207 | — |
| 1S Residential Service (Demand Time-of-Use)Peak hits 7am–11am in Oct–May, 11am–10pm in Jun–Sep — on weekdays. | $1,379 | +$172 |
| 1EV Residential Service with Electric Vehicle Charging (Experimental)Peak hits 1pm–7pm every day, all year. | $1,675 | +$467 |
| Residential Schedule 1The hour never matters here — only the season. Rates peak June–September. | $1,683 | +$475 |
| Residential Schedule 1G (Experimental Service)Peak hits 3pm–6pm every day, all year. | $1,696 | +$488 |
| Residential Energy TOU Schedule 1TPeak hits 7am–11am in Oct–May, 11am–10pm in Jun–Sep — on weekdays. | $1,714 | +$506 |
| EV Residential Electric Vehicle Charging (Experimental)Peak hits 6am–10pm every day, all year. | $1,970 | +$762 |
| Residential Off-Peak PlanPeak hits 3pm–6pm every day, all year. | $2,576 | +$1,369 |
An estimate, not a quote. Supply charges move month to month, and your real usage pattern is not exactly this one. What it does show reliably is the gap between plans — both are priced off the same assumptions.
Before you switch anything
- What is a time-of-use electricity rate?
The same kilowatt-hour, priced differently depending on when you use it.
- Should you switch to a time-of-use electricity plan?
A wide peak-to-off-peak gap is a lever, not a saving. Levers need something to move.
- How to compare electricity plans without getting it wrong
Six things that break a comparison, and the order to check them in.
Every plan, in detail
Hour-by-hour schedules, tier thresholds, and the tariff each one comes from.
Virginia
- 1EV Residential Service with Electric Vehicle Charging (Experimental)time-of-use
Peak hits 1pm–7pm every day, all year.
9.7–19.9¢ - 1S Residential Service (Demand Time-of-Use)demand charge
Peak hits 7am–11am in Oct–May, 11am–10pm in Jun–Sep — on weekdays.
11.5–14.4¢ - 1W Residential Service (Time Controlled Storage Water Heating)flat
One rate, every hour of the year.
11.8¢ - EV Residential Electric Vehicle Charging (Experimental)time-of-use
Peak hits 6am–10pm every day, all year.
10.3–21.2¢ - Residential Energy TOU Schedule 1Ttime-of-use
Peak hits 7am–11am in Oct–May, 11am–10pm in Jun–Sep — on weekdays.
11.9–23.4¢ - Residential Off-Peak Plantime-of-use
Peak hits 3pm–6pm every day, all year.
21.0–38.7¢ - Residential Schedule 1flat
The hour never matters here — only the season. Rates peak June–September.
14.7–16.6¢ - Residential Schedule 1G (Experimental Service)time-of-use
Peak hits 3pm–6pm every day, all year.
12.0–29.7¢
North Carolina
- Basic Residential Rate Schedule 1flat
The hour never matters here — only the season. Rates peak June–September.
9.9–11.6¢ - Energy TOU Residential Service Schedule 1Ttime-of-use
Peak hits 1pm–9pm every day, all year.
6.1–27.3¢ - TOU Residential Service Schedule 1Pdemand charge
Peak hits 6am–noon in Oct–May, 1pm–9pm in Jun–Sep — on weekdays.
5.7–8.1¢