Richlands, Virginia Electric Utility

Electricity Rates, Plans & Statistics

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About Richlands, Virginia Electric Utility

Richlands, Virginia Electric Utility is headquartered in Richlands, Virginia and they serve electricity in the citizens that call Richlands home. A total of 2,493 customers (468 commercial customers and 2,025 residential properties) are supplied electricity by the company. On average, Richlands, Virginia Electric Utility's residential electricity price is 11.24 cents per kilowatt hour, which is 10.11% less than Virginia's average price of 12.50 cents and 20.36% below the nationwide average of 14.11 cents. They had sales of 57,386 megawatt hours in 2019 sold to end users. The electricity sourced was made up of megawatt hours that they purchased on the wholesale market. They purchased 59,093 wholesale megawatt hours. Through retail sales , The company earned $5,775,300 in 2019.

The nationwide average monthly residential electricity bill is $125.95, while the Richlands, Virginia Electric Utility average is 0.25% lower at $125.63 per month. This is the 2004th lowest average monthly bill amount for a provider in the country. The provider currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale rates from other suppliers and then resell it to end consumers.

Richlands, Virginia Electric Utility Rate & Electric Bills

Richlands, Virginia Electric Utility residential electric rates are highest in January and the highest average bill is in December.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.113/kWh$0.112/kWh$132.34/mo.$125.63/mo.
1025th11.24¢Richlands, Virginia Electric Utility's Average residential price per kWh
2004th$125.63Average monthly electricity bill for Richlands, Virginia Electric Utility's residential customers

Richlands, Virginia Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:200 Washington Square
    Richlands, Virginia 24641
    United States of America
  • Director/Superintendent:John A. O'Daniel

Richlands, Virginia Electric Utility Contact

Richlands, Virginia Electric Utility Service

  • Outage Phone:(276)964-2566

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Richlands, Virginia Electric Utility Coverage Map

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Richlands, Virginia Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Virginia2,4935,428,90031100%

Richlands, Virginia Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Tazewell County40,429412.13$136.34/mo

Richlands, Virginia Electric Utility Reviews

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Richlands, Virginia Electric Utility FAQ:

Who is the CEO of Richlands, Virginia Electric Utility?

John A. O'Daniel is the current CEO of Richlands, Virginia Electric Utility.

What is the average bundled bill for Richlands, Virginia Electric Utility customers each month?

Richlands, Virginia Electric Utility currently has an average monthly bundled electric bill of $125.63, compared to the Virginia average of $134.73 and the United States average of $134.73 for bundled service.

What is the phone number for Richlands, Virginia Electric Utility?

The Richlands, Virginia Electric Utility phone number is (276) 964-2566.

What is the average bundled electricity rate for Richlands, Virginia Electric Utility customers?

Richlands, Virginia Electric Utility's current average bundled electricity rate is 11.24 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 12.50 cents and the average US rate of 14.11 cents.

Last Reviewed By: Fernando García
Published: 2022-08-01