Electricity Rates in Farnham, VA
Farnham, VA is in a deregulated electricity market with 2 providers available. The average residential rate is 15.0¢/kWh, close to the Virginia average of 15.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Farnham
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Northern Neck Elec Coop, Inc | 16.0¢/kWh | 15.0¢/kWh | Cooperative |
| Virginia Electric & Power Co | 14.0¢/kWh | 5.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Farnham
At 15.0¢/kWh, a typical Farnham household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Farnham
Charging an electric vehicle at home in Farnham costs approximately $135.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Virginia
Frequently Asked Questions
What is the average electricity rate in Farnham, VA?
The average residential electricity rate in Farnham, VA is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Farnham?
Farnham is served by 2 electricity providers. Virginia Electric & Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Farnham electricity rates compare to the rest of Virginia?
Farnham's average rate of 15.0¢/kWh is close to the Virginia state average of 15.0¢/kWh. Rates are typical for the region.