Prince George Electric

Prince George Electric is an electric cooperative. The largest city served by the company is Newport News, but the company also provides electricity in 8 cities in Virginia. There are 12,053 customers receiving electricity from the company. These customer accounts are made up of 0.14% industrial customers, 11.52% commercial customers and 88.34% residential properties. Prince George Electric's customers are billed an average residential electricity rate of 11.84 cents per kilowatt hour, resulting in the company ranking 18th out of 32 companies in Virginia and 1553rd out of 3510 in the US. In 2020 they had retail sales of 339,160 megawatt hours. Of the megawatt hours they sourced, 355,442 megawatt hours were purchased on the wholesale electricity market. The company made $36,084,000 in total revenue in 2020 through retail electricity sales alone.

About Prince George Electric

Consumers of the company pay an average monthly residential electric bill of $154.07. This is 18.04% above the Virginia average of $132.38. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale rates and then resell it to end customers.

Prince George Electric Net Metering

Prince George Electric offers net metering options to consumers. The purchase of solar panels and alternative electricity sources is often too expensive for private individuals. Net metering allows purchasers of these electricity sources to sell unused electricity back into the grid, making the installation of these alternative sources financially possible .

Energy Loss

Prince George Electric currently suffers from the loss of around 4.58% of the electricity that they generate via heat dissipation and other causes. This percentage of electricity lost gives them a rank of 794th best out of 3510 suppliers who report energy loss in the US.

Prince George Electric Rate & Electric Bills

Prince George Electric residential electric rates are highest in January and the highest average bill is in November.

Historical Electric Rates:

Price Per kWHAverage Bill$0.124/kWh$0.114/kWh$167.86/mo.$149.15/mo.
1553rd11.84¢Prince George Electric's Average residential price per kWh
2856th$154.07Average monthly electric bill for Prince George Electric's residential customers

Prince George Electric Overview

  • Company Type:Cooperative
  • Headquarters:7103 General Mahone Highway
    Waverly, Virginia 23890
    United States of America
  • CEO:Casey Logan

Prince George Electric Contact

Prince George Electric Service

Energy provider of the year for Virginia, Mid-Sized Provider Category
Top 3 Lowest Energy Loss
Virginia, Mid-Sized Provider Category
Claim Award

Energy Loss

Prince George Electric's energy loss due to business operations.

-4.58%Light BulbIcon representing Light Bulb.

Total Energy Loss

16,281MWh

794 National Rank

Prince George Electric Coverage Map

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Prince George Electric State Coverage

StateArrow UpArrow pointing upwards.CustomersArrow UpArrow pointing upwards.Sales ($)Arrow UpArrow pointing upwards.State Rank Based On RevenueArrow UpArrow pointing upwards.% of Provider's Residential Sales in StateArrow UpArrow pointing upwards.
Virginia12,05336,084,00028100%

Prince George Electric County Coverage

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.Avg. County Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Charles City County6,963211.97$131.87/mo
Dinwiddie County28,544313.22$144.99/mo
Hopewell city22,529211.96$132.38/mo
Isle of Wight County37,109312.09$151.09/mo
James City County76,523211.97$131.11/mo
Newport News city179,225211.97$131.39/mo
Prince George County38,353311.99$141.83/mo
Southampton County17,631412.23$148.90/mo
Surry County6,422312.02$151.94/mo
Sussex County11,159612.27$151.57/mo

Cities Prince George Electric Has Coverage

  • Claremont, VA
  • Dendron, VA
  • Hopewell, VA
  • Newport News, VA
  • Stony Creek, VA
  • Surry, VA
  • Wakefield, VA
  • Waverly, VA

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

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Prince George Electric FAQ:

How many counties does Prince George Electric have customers in in?

Prince George Electric provides electricity to customers in 10 counties.

What is the phone number for Prince George Electric?

Prince George Electric's customer service phone number is (804) 834-2424

What is the average bill for Prince George Electric customers each month?

The average monthly electric bill for customers of Prince George Electric is $154.07. The state average bill is $132.38 and the US average is $132.38.

What is the average electricity rate for Prince George Electric customers?

The average rate of electricity for customers of Prince George Electric is 11.84 cents per kilowatt hour (¢/kWh).

Who is the CEO of Prince George Electric?

Prince George Electric’s current CEO is Casey Logan.

What cities does Prince George Electric offer service in?

Prince George Electric has customers in 8 cities.

Last Reviewed By: Nick Reese
Published: 2021-03-16Last Updated: 2021-08-25