Virginia Electric & Power Co
Investor Owned electric utility · Virginia · #8 of 3,199 U.S. utilities by customers · EIA utility #19876
Virginia Electric & Power Co is a investor owned electric utility serving 2,809,577 customers in North Carolina, Virginia. In 2025 it sold 98,687 gigawatt-hours of electricity for $11.27B in revenue, an average realized rate of 11.42¢ per kWh across all customer classes and 15.07¢ per kWh for residential customers. Its reported service territory covers 131 counties. EIA records its activities as: generation, transmission, distribution.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Residential | 2,517,958 | 31,687 | $4.77B | 15.07¢ | |
| Commercial | 290,560 | 61,064 | $6.02B | 9.86¢ | |
| Industrial | 1,058 | 5,641 | $445.21M | 7.89¢ | |
| Transportation | 1 | 296 | $27.72M | 9.38¢ | |
| Total | 2,809,577 | 98,687 | $11.27B | 11.42¢ |
Average realized rate = revenue divided by sales as reported on EIA Form 861. It blends fixed charges, demand charges and riders into one per-kWh figure; it is not the utility's tariff rate. Estimated residential bill assumes the average residential customer's actual 2025 usage (1,049 kWh/month).
Operations by state
| State | Customers | Sales (GWh) | Residential rate |
|---|---|---|---|
| Virginia | 2,681,055 | 94,559 | 15.20¢ |
| North Carolina | 128,522 | 4,128 | 12.74¢ |
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 2,698,074 | 84,024 | $7.64B | 12.09¢ |
| 2022 | 2,724,852 | 88,442 | $9.37B | 13.32¢ |
| 2023 | 2,752,419 | 88,639 | $9.30B | 13.90¢ |
| 2024 | 2,783,002 | 92,952 | $9.80B | 14.09¢ |
| 2025 | 2,809,577 | 98,687 | $11.27B | 15.07¢ |
Reliability (2025)
Average outage time (SAIDI): 307 minutes per customer per year
Average outages (SAIFI): 1.78 per customer
Average restoration time (CAIDI): 172 minutes
As reported for Virginia under the Other standard, with major event days included where the standard reports them. Lower is better; see the reliability rankings.
Energy supply (2025)
Net generation: 78,063 GWh
Wholesale power purchased: 25,638 GWh
Winter peak demand: 19,676 MW
Energy losses: 3.0% of energy handled
Meters & rooftop solar (2025)
Smart (AMI) meters: 99.7% of 2,811,293 meters
Customer-sited generation (net metering): 56,465 installations, 509.8 MW of capacity
This utility also reported 176 delivery-only customers (5,865 GWh delivered) in 2025. Delivery figures are excluded from the totals above because the same electricity is also reported by the energy supplier - see Methodology.
Counties served
Accomack, VAAlbemarle, VAAlexandria City, VAAlleghany, VAAmelia, VAAmherst, VAAppomattox, VAArlington, VAAugusta, VABath, VABeaufort, NCBedford City, VABedford, VABertie, NCBotetourt, VABristol City, VABrunswick, NCBrunswick, VABuchanan, VABuckingham, VABuena Vista City, VACabarrus, NCCamden, NCCampbell, VACaroline, VACarroll, VACharles City, VACharlotte, VACharlottesville City, VAChesapeake City, VAChesterfield, VAChowan, NCClarke, VAColonial Heights City, VACovington City, VACulpeper, VACumberland, NCCumberland, VACurrituck, NCDare, NCDinwiddie, VAEdgecombe, NCEmporia City, VAEssex, VAFairfax City, VAFairfax, VAFalls Church City, VAFauquier, VAFluvanna, VAFranklin, VAFredericksburg City, VAGates, NCGloucester, VAGoochland, VAGrant, WVGranville, NCGreene, VAGreensville, VAHalifax, NCHalifax, VA + 71 more counties
Other large utilities in Virginia
- Appalachian Power Co - 968,592 customers, residential 17.08¢
- Rappahannock Electric Coop - 184,421 customers, residential 15.49¢
- Northern Virginia Elec Coop - 184,104 customers, residential 12.60¢
- Shenandoah Valley Elec Coop - 102,230 customers, residential 14.49¢
- Southside Electric Coop, Inc - 59,799 customers, residential 15.48¢
- City of Danville - (VA) - 43,416 customers, residential 15.81¢
- Central Virginia Electric Coop - 40,194 customers, residential 16.16¢
- A & N Electric Coop - 37,784 customers, residential 14.40¢
All Virginia utilities and rates
Source: U.S. Energy Information Administration, Form EIA-861 2025 (filed by the utility; figures as published). Utility #19876 in the EIA frame.