Electricity Rates in Iron gate, VA

Residents of Iron gate, 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 Iron gate

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:

Iron gate monthly bill $124.04
Iron gate annual cost $1488.48
Virginia avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Iron gate

At 14.0¢/kWh, a typical Iron gate 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 Iron gate

Charging an electric vehicle at home in Iron gate 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 Iron gate, VA?

The average residential electricity rate in Iron gate, 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 Iron gate?

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

How do Iron gate electricity rates compare to the rest of Virginia?

Iron gate'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.