Electricity Rates in Richwood, WV
Residents of Richwood, WV benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with Appalachian Power Co being the largest.
Electricity Providers in Richwood
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Appalachian Power Co | 17.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Monongahela Power Co | 14.0¢/kWh | 11.0¢/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 Richwood
At 15.0¢/kWh, a typical Richwood 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 Richwood
Charging an electric vehicle at home in Richwood 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 West Virginia
Frequently Asked Questions
What is the average electricity rate in Richwood, WV?
The average residential electricity rate in Richwood, WV 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 Richwood?
Richwood 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 Richwood electricity rates compare to the rest of West Virginia?
Richwood's average rate of 15.0¢/kWh is 6.3% below the West Virginia state average of 16.0¢/kWh. Residents enjoy some of the lower rates in the state.