Electricity Rates in Madison heights, VA
Madison heights, VA is in a deregulated electricity market with 2 providers available. The average residential rate is 17.0¢/kWh, 13.3% above the Virginia average of 15.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Madison heights
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Appalachian Power Co | 17.0¢/kWh | 8.0¢/kWh | Investor Owned |
| Central Virginia Electric Coop | 16.0¢/kWh | 14.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Madison heights
At 17.0¢/kWh, a typical Madison heights household spends approximately $1807.44/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 Madison heights
Charging an electric vehicle at home in Madison heights costs approximately $153.00/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 Madison heights, VA?
The average residential electricity rate in Madison heights, VA is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Madison heights?
Madison heights is served by 2 electricity providers. Appalachian Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do Madison heights electricity rates compare to the rest of Virginia?
Madison heights's average rate of 17.0¢/kWh is 13.3% above the Virginia state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.