Central Virginia Electric Cooperative

Electricity Rates, Plans & Statistics

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About Central Virginia Electric Cooperative

Central Virginia Electric Cooperative serves 4 cities and is classified as an electricity cooperative. A total of 37,918 customers (26 industrial properties, 4,188 commercial customers and 33,704 residential accounts) receive electricity from the provider. On average, Central Virginia Electric Cooperative's residential electricity rate is 13.91 cents per kilowatt hour, which is 11.22% higher than the average state rate of 12.50 cents. They had total sales and disposition of 797,102 megawatt hours in 2020, of which 743,151 megawatt hours were from sales to end users. The electricity sourced by the company is made up primarily of megawatt hours they acquired on the wholesale market. This category comprises 100.00% of all electricity sourced by the company. In 2020, the provider earned 98.38% of their revenue from retail electricity sales.

The US average monthly residential electricity bill is $125.95, while the Central Virginia Electric Cooperative average is 30.82% more at $164.78 per month. Central Virginia Electric Cooperative is the 2767th ranked provider in the US for average monthly bill amount. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.

Central Virginia Electric Cooperative Net Metering

Customers of Central Virginia Electric Cooperative are able to participate in net metering solutions, which is a positive for both parties. Installation of solar panels and other electricity sources is often prohibitively priced for people. Net metering allows purchasers of these electricity sources to sell excess wattage back into the grid, making the installation of these alternative sources economically viable.

Energy Loss

Central Virginia Electric Cooperative reports energy loss of 6.58% of their total generation due to heat dissipation and other causes. This percentage of energy lost earns them a rank of 1239th best out of 3509 companies who report energy loss in the United States.

Central Virginia Electric Cooperative Rate & Electric Bills

Central Virginia Electric Cooperative residential electric rates are highest in January and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.147/kWh$0.125/kWh$180.98/mo.$148.94/mo.
2241st13.91¢Central Virginia Electric Cooperative's Average residential price per kWh
2767th$164.78Average monthly electricity bill for Central Virginia Electric Cooperative's residential customers

Central Virginia Electric Cooperative Overview

  • Company Type:Cooperative
  • Headquarters:800 Cooperative Way
    Arrington, Virginia 22922
    United States of America
  • CEO:Gary Wood

Central Virginia Electric Cooperative Contact

Central Virginia Electric Cooperative Service

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Energy Loss

Central Virginia Electric Cooperative's energy loss due to business operations.

-6.58%

Total Energy Loss

52,466MWh

1239 National Rank

Central Virginia Electric Cooperative Coverage Map

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Central Virginia Electric Cooperative State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Virginia37,91888,061,0009100%

Central Virginia Electric Cooperative County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Albemarle County112,395613.14$149.15/mo
Amherst County31,307612.40$139.74/mo
Appomattox County16,119613.39$148.87/mo
Buckingham County16,824413.51$155.23/mo
Charlottesville city46,553413.26$149.23/mo
Cumberland County9,675513.21$144.16/mo
Fluvanna County27,249413.62$157.83/mo
Goochland County24,727512.82$140.09/mo
Louisa County37,596512.78$151.78/mo
Nelson County14,775413.23$153.96/mo

Cities Central Virginia Electric Cooperative Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

Central Virginia Electric Cooperative Reviews

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Central Virginia Electric Cooperative FAQ:

What is the average bundled bill for Central Virginia Electric Cooperative customers each month?

Central Virginia Electric Cooperative currently has an average monthly bundled electric bill of $164.78, compared to the Virginia average of $134.73 and the national of $134.73 for bundled service.

How many counties does Central Virginia Electric Cooperative have customers in in?

There are 13 counties that receive at least some electricity coverage by Central Virginia Electric Cooperative.

What is the phone number for Central Virginia Electric Cooperative?

The Central Virginia Electric Cooperative phone number is (800) 367-2832.

Who is the CEO of Central Virginia Electric Cooperative?

Gary Wood is the CEO of Central Virginia Electric Cooperative.

What is the average bundled electricity rate for Central Virginia Electric Cooperative customers?

The average bundled price of electricity for consumers of Central Virginia Electric Cooperative is 13.91 cents per kilowatt hour (¢/kWh).

What cities does Central Virginia Electric Cooperative sell electricity in?

Central Virginia Electric Cooperative supplies in 4 cities in the country.

Last Reviewed By: Alex Zdanov
Published: 2022-08-01