Virginia · Investor Owned · serves 845 ZIP codes
Virginia Electric & Power Co rate plans
9 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.
Looking for when the expensive hours are? Virginia Electric & Power’s peak hours, plan by plan →
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 9 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 | $2,745 | Basic Residential Rate Schedule 1 | $6,201 |
The cheapest plan here changes with how much you use. That happens where tiers reward a small household and a big fixed charge rewards a large one — so the right answer depends on your own bill, not on an average. 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, and the bill lands anywhere between $1,167 and $2,497 a year. That $1,329 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.
The plan most households land on by default, Residential Schedule 1, comes to about $1,633. The cheapest option here, 1W Residential Service (Time Controlled Storage Water Heating), comes to $1,167 — a gap of about $466 a year for a household that never changed a single habit. Whether you can actually capture that depends on when you use power, which is what the calculator below is for.
6 of these 9 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 $38 to $192 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 $1,329 a year — more than the $995 between Virginia's cheapest and dearest utilities. Which plan you are on matters more here than which company sends the bill.
Every Virginia utility we cover, priced for the same three households →
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
$1,740a year
That is the gap between the cheapest plan you could be on — TOU Residential Service Schedule 1P — and the priciest. Not by using less power. By being billed differently for the same power.
| Plan | Per year | Vs best |
|---|---|---|
| TOU Residential Service Schedule 1PPeak hits 6am–noon in Oct–May, 1pm–9pm in Jun–Sep — on weekdays. | $837 | — |
| 1W Residential Service (Time Controlled Storage Water Heating)One rate, every hour of the year. | $1,207 | +$371 |
| Basic Residential Rate Schedule 1The hour never matters here — only the season. Rates peak June–September. | $1,218 | +$382 |
| 1S Residential Service (Demand Time-of-Use)Peak hits 7am–11am in Oct–May, 11am–10pm in Jun–Sep — on weekdays. | $1,379 | +$543 |
| Energy TOU Residential Service Schedule 1TPeak hits 1pm–9pm every day, all year. | $1,425 | +$589 |
| 1EV Residential Service with Electric Vehicle Charging (Experimental)Peak hits 1pm–7pm every day, all year. | $1,675 | +$838 |
| Residential Schedule 1The hour never matters here — only the season. Rates peak June–September. | $1,683 | +$846 |
| Residential Schedule 1G (Experimental Service)Peak hits 3pm–6pm every day, all year. | $1,696 | +$859 |
| Residential Energy TOU Schedule 1TPeak hits 7am–11am in Oct–May, 11am–10pm in Jun–Sep — on weekdays. | $1,714 | +$877 |
| EV Residential Electric Vehicle Charging (Experimental)Peak hits 6am–10pm every day, all year. | $1,970 | +$1,133 |
| Residential Off-Peak PlanPeak hits 3pm–6pm every day, all year. | $2,576 | +$1,740 |
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.
- 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¢ - 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¢ - 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¢ - TOU Residential Service Schedule 1Pdemand charge
Peak hits 6am–noon in Oct–May, 1pm–9pm in Jun–Sep — on weekdays.
5.7–8.1¢