Electricity Rates in Red oak, VA
Red oak, VA is in a deregulated electricity market with 2 providers available. The average residential rate is 14.0¢/kWh, 6.7% below the Virginia average of 15.0¢/kWh. Residents may be able to switch providers to find a lower rate.
Electricity Providers in Red oak
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Mecklenburg Electric Cooperative | 15.0¢/kWh | 5.0¢/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 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Red oak
At 14.0¢/kWh, a typical Red oak household spends approximately $1488.48/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 Red oak
Charging an electric vehicle at home in Red oak 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.
Nearby Cities in Virginia
Frequently Asked Questions
What is the average electricity rate in Red oak, VA?
The average residential electricity rate in Red oak, 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 Red oak?
Red oak 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 Red oak electricity rates compare to the rest of Virginia?
Red oak'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.