Electric Rate Facts

States / Virginia

Virginia electricity rates and solar payback

15.28¢Residential price per kWh, 2025
17.55¢2026-07 per kWh; same month a year earlier: 15.78¢
1061Average monthly use, kWh (2025)
$162.16Average monthly bill (2025)

Residential electricity price history

Cents per kWh, annual state averages.

201010.45¢
201110.64¢
201211.08¢
201310.84¢
201411.1¢
201511.37¢
201611.36¢
201711.55¢
201811.73¢
201912.07¢
202012.03¢
202111.96¢
202213.34¢
202314.26¢
202414.41¢
202515.28¢

Electricity prices by sector, 2025

SectorCents/kWh
Residential15.28
Commercial9.55
Industrial9.45
All sectors11.41

Solar in Virginia

This illustration uses Virginia Beach solar yield (1467 kWh/kW/year) and the state trailing monthly mean rate of 16.55¢/kWh, 2025-08 through 2026-07. It is sized for average state household use.

Solar simple payback

System size8.7 kW
Installed price$3.62/W
Gross cost$31,458
Annual production12,763 kWh
Annual value$2,112
Simple payback estimate14.9 years

Installed price uses the national median, n = 61,712 systems, from Berkeley Lab Tracking the Sun (systems installed in 2025, in 2025 dollars, before incentives).

System size = annual household use divided by local annual yield. Gross cost = size in watts × installed price per watt. Annual value = annual production × the state electricity rate in dollars per kWh. Simple payback = gross cost divided by annual value.

The federal 25D credit ended for systems installed after Dec 31 2025. State and utility incentives are not included. This estimate values all production at retail, with no financing, maintenance, degradation, rate changes or discounting. Actual export payments and roof conditions can change the result. Figures are rounded. Sources and limits.

Cities in Virginia