Electricity Rates in Spencer, VA
The average residential electricity rate in Spencer, VA is 17.0¢/kWh based on 2024 EIA data. Appalachian Power Co provides electricity to the area. This is 13.3% above the Virginia state average.
Electricity Providers in Spencer
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Appalachian Power Co | 17.0¢/kWh | 8.0¢/kWh | Investor Owned |
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 Spencer
At 17.0¢/kWh, a typical Spencer 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 Spencer
Charging an electric vehicle at home in Spencer 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 Spencer, VA?
The average residential electricity rate in Spencer, 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 Spencer?
Spencer is served by 1 electricity provider. Appalachian Power Co is the largest provider in the area.
How do Spencer electricity rates compare to the rest of Virginia?
Spencer'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.