Electricity Rates in Gloucester point, VA

Residents of Gloucester point, VA benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. Virginia Electric & Power Co serves the area.

Avg. Residential Rate 14.0¢/kWh
vs. Virginia Avg. -6.7%
vs. National Avg. -21.3%
Providers 1

Electricity Providers in Gloucester point

Utility Residential Rate Commercial Rate Type
Virginia Electric & Power Co 14.0¢/kWh 5.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:

Gloucester point monthly bill $124.04
Gloucester point annual cost $1488.48
Virginia avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Gloucester point

At 14.0¢/kWh, a typical Gloucester point household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.

$1116/yr estimated solar savings

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

EV Charging Costs in Gloucester point

Charging an electric vehicle at home in Gloucester point costs approximately $126.00/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 Gloucester point, VA?

The average residential electricity rate in Gloucester point, VA is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.

Who provides electricity in Gloucester point?

Gloucester point is served by 1 electricity provider. Virginia Electric & Power Co is the largest provider in the area.

How do Gloucester point electricity rates compare to the rest of Virginia?

Gloucester point's average rate of 14.0¢/kWh is 6.7% below the Virginia state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.