Electricity Rates in Saxe, VA
Saxe, 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 Saxe
| 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 Saxe
At 14.0¢/kWh, a typical Saxe 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 Saxe
Charging an electric vehicle at home in Saxe 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 Saxe, VA?
The average residential electricity rate in Saxe, 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 Saxe?
Saxe 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 Saxe electricity rates compare to the rest of Virginia?
Saxe'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.