Electricity Rates in Gum spring, VA
Gum spring, VA is in a deregulated electricity market with 3 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 Gum spring
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Central Virginia Electric Coop | 16.0¢/kWh | 14.0¢/kWh | Cooperative |
| Rappahannock Electric Coop | 15.0¢/kWh | 12.0¢/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 Gum spring
At 15.0¢/kWh, a typical Gum spring 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 Gum spring
Charging an electric vehicle at home in Gum spring 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 Gum spring, VA?
The average residential electricity rate in Gum spring, 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 Gum spring?
Gum spring is served by 3 electricity providers. Virginia Electric & Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Gum spring electricity rates compare to the rest of Virginia?
Gum spring's average rate of 15.0¢/kWh is close to the Virginia state average of 15.0¢/kWh. Rates are typical for the region.