Salem, Virginia Electric Utility

Electricity Rates, Plans & Statistics

Power Bill Over $75?

Reduce or replace your electricity bill with solar for as low as $0 down and $79/mo

See if your home qualifies

Salem, Virginia Electric Utility Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.117/kWh$0.116/kWh$114.68/mo.$107.90/mo.
1260th11.63¢Salem, Virginia Electric Utility's Average residential price per kWh
1374th$108.36Average monthly electricity bill for Salem, Virginia Electric Utility's residential customers

About Salem, Virginia Electric Utility

Salem, Virginia Electric Utility is headquartered in Salem, Virginia and they serve electricity in the residents that call the city home. The company last reported a total of 13,563 customers. Exactly 80 of them are industrial properties, 2,187 are commercial customers and 11,296 are residential customers. Salem, Virginia Electric Utility's customers spend, on average, 11.63 cents per kilowatt hour for their electricity, which is 5.01% lower than the average Virginia rate of 12.24 cents. Roughly 340,551 megawatt hours were sold by the supplier to retail accounts in 2020. The electricity sourced by the company primarily came from megawatt hours that they purchased via the wholesale electricity market. They purchased 354,242 on the wholesale market. In 2020, they made a total of $37,420,000 from business activities relating to the sale and transfer of electricity. They had 98.64% of their revenue coming from retail sales to end users.

The Virginia average monthly residential electricity bill is $130.73, while the Salem, Virginia Electric Utility average is 18.49% below at $108.36 per month. This is the 8th lowest average monthly bill amount for a supplier in the state. Salem, Virginia Electric Utility produces 270 megawatt hours from their electricity facilities, which ranks them as the 764th highest generator of electricity in the country out of 3510 companies. Salem, Virginia Electric Utility is the 17th largest provider out of 32 electricity companies in the state based on total megawatt hours sold. The company generates 537th megawatt hours from non-renewable fuel types each year, making them 537th in the United States out of 3510 companies.

Salem, Virginia Electric Utility Net Metering

Consumers of Salem, Virginia Electric Utility can take advantage of net metering, which is a positive for both parties. Net metering makes solar panel purchases more economically viable as it allows people to sell electricity back to the grid.

Energy Loss

All companies who generate electricity suffer from some energy loss from heat depletion or alternative factors. Salem, Virginia Electric Utility is no different, as they average a yearly loss of roughly 3.86% of the total electricity they transmit. The Virginia average for energy loss is 0.85% and the nationwide average is 2.76%. This gives Salem, Virginia Electric Utility a ranking of 7th best out of 32 electricity companies in the state and 597th best out of 3510 companies in the United States.

Salem, Virginia Electric Utility Overview

  • Company Type:Municipal
  • Headquarters:730 West Main Street
    Salem, Virginia 24153
    United States of America
  • Director/Superintendent:Jay Taliaferro

Salem, Virginia Electric Utility Contact

Salem, Virginia Electric Utility Service

Go Solar for less than your cell phone bill.

See if your home qualifies
Energy provider of the year for Virginia, Mid-Sized Provider Category
Top 3 Lowest Average Residential Monthly Bill
Virginia, Mid-Sized Provider Category
Claim Award

Energy Loss

Salem, Virginia Electric Utility's energy loss due to business operations.

-3.86%

Total Energy Loss

13,691MWh

597 National Rank

Salem, Virginia Electric Utility Energy Makeup

Salem, Virginia Electric Utility Coverage Map

Coverage Map Placeholder

Salem, Virginia Electric Utility State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Virginia13,56336,910,80017100%

Salem, Virginia Electric Utility County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Salem city25,346511.72$119.98/mo

Power Plants Owned by Salem, Virginia Electric Utility

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Salem VA Distillate Fuel Oil 11890,233.09764.69
Salem VA Distillate Fuel Oil 8562,229.72732.11
Salem VA Distillate Fuel Oil 6750,672.77756.31

Salem, Virginia Electric Utility Fuel Makeup

DISTILLATE FUEL OIL
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
Distillate Fuel Oil
100.00%

Salem, Virginia Electric Utility Reviews

Write a Review of Salem, Virginia Electric Utility

Salem, Virginia Electric Utility FAQ:

How much is the average bundled bill for Salem, Virginia Electric Utility customers each month?

Consumers of Salem, Virginia Electric Utility pay, on average, a monthly bundled bill of $108.36.

Who is the CEO of Salem, Virginia Electric Utility?

Salem, Virginia Electric Utility's CEO is Jay Taliaferro.

What percentage of Salem, Virginia Electric Utility's electricity is generated using renewable fuel sources?

Electric production facilities owned by or associated with Salem, Virginia Electric Utility generate 0% of their electricity using renewable fuels.

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

The average bundled rate of electricity for customers of Salem, Virginia Electric Utility is 11.63 cents per kilowatt hour (¢/kWh).

What percentage of Salem, Virginia Electric Utility's electricity is produced using nonrenewable fuels?

Electric production facilities owned by or associated with Salem, Virginia Electric Utility produce 100.00% of their electricity from nonrenewable fuel sources.

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

You can reach Salem, Virginia Electric Utility by phone via (540) 375-3030.

How many power plants are owned by or associated with Salem, Virginia Electric Utility?

Salem, Virginia Electric Utility is associated with or owns 3 power plants.

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