Virginia Electric & Power Co Electricity Rates and Average Bill (North Carolina)
Data through July 2026 (the latest month EIA has published) · Updated October 13, 2026
As of July 2026, Virginia Electric & Power Co's residential customers in North Carolina paid an average effective rate of 14.74¢/kWh with an average monthly bill of $241.32, per EIA Form 861-M data. That rate is 0.4¢ below the North Carolina average of 15.16¢/kWh; the U.S. average is 18.31¢/kWh.
Rate trend vs the North Carolina average
View this chart as a table (last 12 months)
| Month | Rate (¢/kWh) | Avg bill ($/mo) | Avg usage (kWh/mo) |
|---|---|---|---|
| August 2025 | 13.90 | 183.82 | 1322 |
| September 2025 | 13.81 | 141.94 | 1028 |
| October 2025 | 12.37 | 102.72 | 831 |
| November 2025 | 11.97 | 121.70 | 1017 |
| December 2025 | 11.65 | 189.65 | 1628 |
| January 2026 | 11.58 | 212.01 | 1831 |
| February 2026 | 12.93 | 216.67 | 1676 |
| March 2026 | 13.92 | 137.61 | 989 |
| April 2026 | 13.88 | 121.10 | 873 |
| May 2026 | 13.55 | 139.38 | 1029 |
| June 2026 | 16.11 | 221.59 | 1376 |
| July 2026 | 14.74 | 241.32 | 1637 |
Virginia Electric & Power Co vs North Carolina vs the U.S.
| Virginia Electric & Power Co | North Carolina | U.S. average | |
|---|---|---|---|
| Rate (July 2026) | 14.74¢/kWh | 15.16¢/kWh | 18.31¢/kWh |
| Average monthly bill | $241.32 | $202.80 | $212.44 |
| Average monthly usage | 1637 kWh | 1338 kWh | 1160 kWh |
| Rate change, 1 year | +9.6% | +13.4% | +4.9% |
Estimate a bill at Virginia Electric & Power Co rates
Worked example: 1,000 kWh at Virginia Electric & Power Co's average effective rate of 14.74¢/kWh is about $147.40. The utility's actual average usage is 1637 kWh/month, which produces the $241.32 average bill. This is an all-in average (energy, delivery, fixed charges, riders); your tariff's marginal price will differ.
See the full North Carolina rate trend, look up another utility by ZIP code, or read why electric bills are rising.
Source: EIA Form 861-M (monthly utility-level sales to ultimate customers, residential), published with roughly a two-month lag. Rate = revenue ÷ sales; bill = revenue ÷ customers. Months failing basic sanity screens are excluded. See methodology.