Basic Residential Rate Schedule 1
When does peak hit on Virginia Electric & Power Co’s Basic Residential Rate Schedule 1? The hour never matters here — only the season. Rates peak June–September.
- peak11.58¢
- off-peak9.93¢
What does Basic Residential Rate Schedule 1 cost a year?
| Household | Uses | Per year | Works out to |
|---|---|---|---|
| Apartment One or two people, no central air, no electric heat | 4,866 kWh | $702 | 14.4¢ / kWh |
| Family home Three or four people with central air conditioning | 9,453 kWh | $1,197 | 12.7¢ / kWh |
| Home with an EV Same house, plus an electric car charging overnight | 13,103 kWh | $1,579 | 12.1¢ / kWh |
Estimates, not quotes. We run three made-up but realistic households through this tariff hour by hour for a full year — including the way air conditioning loads the afternoon and an EV loads the small hours. Your own bill depends on when you actually use electricity, which is exactly the thing a per-kWh number hides.
What you actually pay
| Period | Rate | Applies when |
|---|---|---|
| peak | 11.58¢ | midnight–midnight, June–September |
| off-peak | 9.93¢ | midnight–midnight, October–May |
Plus a fixed charge of $15.97 per month.
Should you be on Basic Residential Rate Schedule 1?
The hour of day does not change what you pay here — the month does. Running the same house through the full year, July costs about $143 and February about $75. That $68 swing is part rate and part weather, and it is the reason a budget built on your spring bill will break in July.
Before a single kilowatt-hour moves, this plan charges $192 a year in fixed fees. On the apartment above that is 27% of the whole bill; on the house with a car charging in it, 12%. Fixed charges are invisible in a cents-per-kWh comparison and they punish small users hardest — if you use very little electricity, the headline rate is the least important number on this page.
How it compares to Virginia Electric & Power’s other plans
Measured against the other residential plans this utility files, a family home lands 3rd cheapest of 11. The cheapest option, TOU Residential Service Schedule 1P, would run about $380 a year less.
Against Residential Schedule 1, which looks like the plan you land on by default, this one comes out $436 less per year (27%). We infer the default from the tariff structure rather than a flag in the data, so confirm it against your own bill before you switch.
If this is new to you
- How to read your electric bill
Four kinds of charge, only two of which you can do anything about.
- 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.
- Why is my electric bill so high in summer?
Usually three causes at once, and only one of them is your air conditioner.
- How to compare electricity plans without getting it wrong
Six things that break a comparison, and the order to check them in.
Where this comes from
- Effective
- 2025-02-01
the date this tariff took effect
- Covers
- delivery + supply
우편번호 매핑에서 이 지역 서비스 종류가 Bundled — 배달과 공급을 함께 판다
- Enrollment
- open to new customers