Salem, Virginia Electric Utility
Electricity Rates, Plans & Statistics
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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 13,697 customers. Exactly 70 of them are industrial properties, 2,041 are commercial customers and 11,586 are residential customers. Salem, Virginia Electric Utility's customers spend, on average, 13.10 cents per kilowatt hour for their electricity, which is 10.95% lower than the average Virginia rate of 14.71 cents. Roughly 330,792 megawatt hours were sold by the supplier to retail accounts in 2023. The electricity sourced by the company primarily came from megawatt hours that they purchased via the wholesale electricity market. They purchased 349,378 on the wholesale market. In 2023, they made a total of $41,119,800 from business activities relating to the sale and transfer of electricity. They had 98.47% of their revenue coming from retail sales to end users.
The Virginia average monthly residential electricity bill is $155.19, while the Salem, Virginia Electric Utility average is 21.31% below at $124.63 per month. This is the 4th lowest average monthly bill amount for a supplier in the state. Based on megawatt hours generated, Salem, Virginia Electric Utility is the 690th largest out of 3530 electricity companies in the United States. The provider's customers experience an average of 0.25 electrical outages per consumer a year. These outages last on average of 22.7 minutes, while the national average is 1.44 outages per consumer and 123.49 minutes each outage. With 272 megawatt hours produced from non-renewable fuel sources, Salem, Virginia Electric Utility is the 21st largest producer of megawatt hours from non-renewable fuels in Virginia out of 32 providers.
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.
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 5.32% of the total electricity they transmit. The Virginia average for energy loss is 1.37% and the nationwide average is 2.43%. This gives Salem, Virginia Electric Utility a ranking of 17th best out of 32 electricity companies in the state and 1106th best out of 3530 companies in the United States.
Salem, Virginia Electric Utility Rate & Electric Bills
Salem, Virginia Electric Utility residential electric rates are highest in April and the highest average bill is in July.
Historical Electricity Rates:
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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
- Website:www.salemva.gov
- Customer Service Phone:(540) 375-3030
- Social Media:
Salem, Virginia Electric Utility Service
- Rates & Plans:www.salemva.gov
- Outage Phone:(540) 375-3030
- States Served:
- Virginia
- Counties Served:
- Salem city
- Major Cities Served:
- Salem
- Glenvar CDP
Quick Facts About Salem, Virginia Electric Utility
With generation of 272 megawatt hours, Salem, Virginia Electric Utility is ranked 690th for total generation of all companies in the country.
Energy Loss
Salem, Virginia Electric Utility's energy loss due to business operations.
Total Energy Loss
18,586MWh
1106 National Rank
Grid Reliability
Length & Frequency of Salem, Virginia Electric Utility's Power Outages
22.7 min.
vs. national average of 123.49 min.
0.25 outages/yr
vs. national average of 1.44
Salem, Virginia Electric Utility Production, Sales, and Emissions by Fuel Types
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Salem, Virginia Electric Utility Coverage Map
Salem, Virginia Electric Utility State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Virginia | 13,717 | 45,957,090.15 | 19 | 100% |
Salem, Virginia Electric Utility County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Salem city | 25,335 | 2 | 13.23 | $121.79/mo |
Power Plants Owned by Salem, Virginia Electric Utility
| Plant | City/County | State | Primary Fuel Type | Production (MWh) | Emission (kg) | Emissions/MWh | Toxic Chemical Release | Closing Date |
|---|---|---|---|---|---|---|---|---|
Salem Street DeptSalem, Virginia Electric Utility (100.00%) | Salem | VA | Distillate Fuel Oil | 136 | 105,346.03 | 774.6 | ||
Salem Water PlantSalem, Virginia Electric Utility (100.00%) | Salem | VA | Distillate Fuel Oil | 112 | 80,454.14 | 718.34 |
Salem, Virginia Electric Utility Production Fuel Makeup
Salem, Virginia Electric Utility Reviews
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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 $124.63.
How many power plants are owned by or associated with Salem, Virginia Electric Utility?
There are 2 power plants associated with or owned by Salem, Virginia Electric Utility.
What percentage of Salem, Virginia Electric Utility's electricity is generated using renewable fuels?
Salem, Virginia Electric Utility generates 0% of their electricity using renewable fuels.
Who is the CEO of Salem, Virginia Electric Utility?
The current CEO of Salem, Virginia Electric Utility is Jay Taliaferro.
What is the phone number for Salem, Virginia Electric Utility?
You can reach Salem, Virginia Electric Utility by phone via (540) 375-3030.
What is the average bundled electricity rate for Salem, Virginia Electric Utility customers?
Consumers of Salem, Virginia Electric Utility, on average, have an electricity bundled rate 13.10 cents per kilowatt hour (¢/kWh).
When will Salem, Virginia Electric Utility power be restored?
The average number of minutes for an outage for Salem, Virginia Electric Utility's customers is 22.697 minutes.
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.
