Electricity Rates in New canton, VA
New canton, VA is in a deregulated electricity market with 2 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 New canton
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Central Virginia Electric Coop | 16.0¢/kWh | 14.0¢/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 New canton
At 15.0¢/kWh, a typical New canton 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 New canton
Charging an electric vehicle at home in New canton 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 New canton, VA?
The average residential electricity rate in New canton, 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 New canton?
New canton is served by 2 electricity providers. Virginia Electric & Power Co is the largest provider in the area, though rates and availability vary by specific address.
How do New canton electricity rates compare to the rest of Virginia?
New canton's average rate of 15.0¢/kWh is close to the Virginia state average of 15.0¢/kWh. Rates are typical for the region.