Electricity Rates in Faber, VA

Faber, VA is in a deregulated electricity market with 2 providers available. The average residential rate is 17.0¢/kWh, 13.3% above the Virginia average of 15.0¢/kWh. Residents may be able to switch providers to find a lower rate.

Avg. Residential Rate 17.0¢/kWh
vs. Virginia Avg. +13.3%
vs. National Avg. -4.4%
Providers 2

Electricity Providers in Faber

Utility Residential Rate Commercial Rate Type
Appalachian Power Co 17.0¢/kWh 8.0¢/kWh Investor Owned
Central Virginia Electric Coop 16.0¢/kWh 14.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:

Faber monthly bill $150.62
Faber annual cost $1807.44
Virginia avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Faber

At 17.0¢/kWh, a typical Faber household spends approximately $1807.44/year on electricity. Solar panels could reduce this by 50–90%.

$1356/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Faber

Charging an electric vehicle at home in Faber costs approximately $153.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Faber, VA?

The average residential electricity rate in Faber, VA is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.

Who provides electricity in Faber?

Faber is served by 2 electricity providers. Appalachian Power Co is the largest provider in the area, though rates and availability vary by specific address.

How do Faber electricity rates compare to the rest of Virginia?

Faber's average rate of 17.0¢/kWh is 13.3% above the Virginia state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.