Radford Electric

Electricity Rates, Plans & Statistics

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About Radford Electric

Radford Electric is a municipally owned organization operating in Radford, Virginia and additional areas of Radford city. There are 7,509 customers of the supplier. Exactly 6,612 of them are residential accounts, 865 are commercial customers and 32 of them are industrial accounts. The average residential electricity price for consumers of Radford Electric is around 12.37 cents per kilowatt hour, which is 1.10% lower than the state's average price of 12.50 cents and 12.37% below the national average of 14.11 cents. There were a total of 175,204 megawatt hours sold to retail customers in 2019 by the company. The electricity sourced was made up of megawatt hours produced by the company and supplementary megawatt hours that they acquired via wholesale channels. They purchased 177,466 on the wholesale market and produced 6,394 megawatt hours. The total revenue for Radford Electric for 2019 from electricity sales was $19,973,000, with 100.00% coming from retail sales to end users.

The US average monthly residential electricity bill is $125.95, while the Radford Electric average is 15.17% less at $106.84 per month. This is the 1289th lowest average monthly bill amount for a provider in the nation. Radford Electric produces 2,166.12 megawatt hours from their production facilities, which ranks them as the 627th largest generator of electricity of all 3509 providers in the United States. The provider is able to produce 2,166.12 megawatt hours from hydroelectric power facilities, which makes them the 185th largest producer of hydroelectric power out of 3509 companies in the country. Electricity production from renewable fuel sources by the company totals 2,166.12 megawatt hours.

Radford Electric Net Metering

Net metering services are offered to consumers of Radford Electric. Net metering makes solar panel purchases more economically feasible as it gives the ability for people to sell electricity into the grid.

Radford Electric Rate & Electric Bills

Radford Electric residential electric rates are highest in January and the highest average bill is in September.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.124/kWh$0.121/kWh$117.88/mo.$105.41/mo.
1617th12.37¢Radford Electric's Average residential price per kWh
1289th$106.84Average monthly electricity bill for Radford Electric's residential customers

Radford Electric Overview

  • Company Type:Municipal
  • Headquarters:701 17th Street
    Radford, Virginia 24141
    United States of America
  • Director/Superintendent:David Ridpath

Radford Electric Contact

Radford Electric Service

  • Outage Phone:(540) 731-3641

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Quick Facts About Radford Electric

Based on customer count, Radford Electric is the 1204th largest supplier out of 3509 electricity companies in the country.

Energy provider of the year for National, Major Provider Category
Highest Ratio of Renewable Electricity
National, Major Provider Category
Claim Award
Energy provider of the year for Virginia, Major Provider Category
Highest Ratio of Renewable Electricity
Virginia, Major Provider Category
Claim Award

Radford Electric Energy Makeup

Radford Electric Coverage Map

Coverage Map Placeholder

Radford Electric State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Virginia7,50918,819,00024100%

Radford Electric County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Radford city16,070512.70$115.54/mo

Power Plants Owned by Radford Electric

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Montgomery County VA Conventional Hydroelectric 2,166.12

Radford Electric Fuel Makeup

CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
Conventional Hydroelectric
100.00%

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Radford Electric FAQ:

What percentage of Radford Electric's electricity is generated using nonrenewable fuel sources?

Radford Electric produces 0% of their electricity from nonrenewable fuels.

How much is the average bundled bill for Radford Electric customers each month?

Customers of Radford Electric pay, on average, a monthly bundled bill of $106.84.

What is the average bundled electricity rate for Radford Electric customers?

The average bundled price of electricity for customers of Radford Electric is 12.37 cents per kilowatt hour (¢/kWh).

Who is the CEO of Radford Electric?

David Ridpath is the CEO of Radford Electric.

What percentage of Radford Electric's electricity is generated from renewable fuel sources?

Radford Electric produces 100.00% of their electricity using renewable fuels.

How many power plants are owned by or associated with Radford Electric?

There is one power plant associated with or owned by Radford Electric.

What is the phone number for Radford Electric?

You can reach Radford Electric by phone via (540) 731-3641.

Last Reviewed By: Ginalyn Gelera
Published: 2022-08-01