Electricity Rates in Loretto, VA
Residents of Loretto, VA benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Rappahannock Electric Coop serves the area.
Electricity Providers in Loretto
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Rappahannock Electric Coop | 15.0¢/kWh | 12.0¢/kWh | Cooperative |
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 Loretto
At 15.0¢/kWh, a typical Loretto 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 Loretto
Charging an electric vehicle at home in Loretto 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 Loretto, VA?
The average residential electricity rate in Loretto, 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 Loretto?
Loretto is served by 1 electricity provider. Rappahannock Electric Coop is the largest provider in the area.
How do Loretto electricity rates compare to the rest of Virginia?
Loretto's average rate of 15.0¢/kWh is close to the Virginia state average of 15.0¢/kWh. Rates are typical for the region.