Prince George Electric

Electricity Rates, Plans & Statistics

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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 Electricity Rates:

Price Per kWhAverage Bill$0.124/kWh$0.114/kWh$167.86/mo.$149.15/mo.
1382nd11.84¢Prince George Electric's Average residential price per kWh
2662nd$154.07Average monthly electricity bill for Prince George Electric's residential customers

About Prince George Electric

Prince George Electric serves electricity to 3 cities in the state. The organization is an electric cooperative. There are 17 industrial customer accounts, 1,388 commercial customers and 10,648 residential customer accounts served by the provider. The residential electricity rate for customers of Prince George Electric is, on average, 11.84 cents per kilowatt hour. Fortunately for their customers, this price is less than both the Virginia and nationwide average rates of 12.24 and 13.67 cents per kilowatt hour, respectively. They sold 339,160 megawatt hours in 2020 through traditional retail sales. The electricity sourced by the company is made up of primarily wholesale purchased megawatt hours, with 355,442 purchased by the company. Through retail sales , Prince George Electric earned $36,084,000 in 2020.

The average residential power bill for a customer of Prince George Electric is $154.07 per month, while the nationwide average is $120.98. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other companies to then be resold to their end users.

Prince George Electric Net Metering

Luckily, Prince George Electric offers net metering choices to their consumers. This is a positive for any consumer considering purchasing personal solar panels, as net metering allows them to sell their unneeded kilowatt hours into the grid.

Energy Loss

Electricity companies routinely submit data for energy lost through electricity transmission to government agencies who track infrastructure efficiencies. Prince George Electric recently reported a loss of 4.58% of the total electricity generation amount. The state of Virginia has an energy loss average of 0.85% and the countrywide average is 2.76%, giving Prince George Electric a rank of 792nd best out of 3510 providers who report energy loss in the country.

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

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Energy Loss

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

-4.58%

Total Energy Loss

16,281MWh

792 National Rank

Prince George Electric Coverage Map

Coverage Map Placeholder

Prince George Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Virginia12,05336,084,00018100%

Prince George Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Dinwiddie County27,947513.21$142.46/mo
Isle of Wight County38,606612.30$151.22/mo
Prince George County43,010412.17$138.30/mo
Southampton County17,996712.34$149.36/mo
Surry County6,561512.18$152.02/mo
Sussex County10,829812.27$150.58/mo

Cities Prince George Electric Has Coverage

  • Dendron, 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:

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

Customers of Prince George Electric pay, on average, a monthly bundled bill of $154.07.

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

Customers of Prince George Electric, on average, have an electricity bundled rate 11.84 cents per kilowatt hour (¢/kWh).

What cities does Prince George Electric supply electricity to?

Prince George Electric has customers in 3 cities.

What is the phone number for Prince George Electric?

The Prince George Electric phone number is (804) 834-2424.

How many counties does Prince George Electric supply electricity in?

Prince George Electric supplies electricity to customers in 6 counties.

Who is the CEO of Prince George Electric?

Casey Logan is the current CEO of Prince George Electric.

Last Reviewed By: Nick Reese
Published: 2022-08-01