Electricity Rates in Newport News, VA
Average electricity cost, utility comparison, and solar savings potential for Newport News homeowners.
Newport News Electricity Cost Overview
The average residential electricity rate in Newport News, VA is $0.13 per kWh, which is 19% below the national average of $0.16/kWh. Homeowners in Newport News pay an average of $120 per month for electricity, based on typical usage of 921 kWh per month.
Electricity rates in Newport News are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use. Since Virginia has a deregulated electricity market, Newport News residents can shop for competitive rates from alternative suppliers.
Electric Utilities Serving Newport News
| Utility Company | Avg Rate ($/kWh) | Est. Monthly Bill |
|---|---|---|
| Dominion Energy Virginia | $0.13 | $120 |
| Appalachian Power (AEP) | $0.12 | $111 |
| Northern Virginia Electric Coop | $0.12 | $111 |
How Solar Compares to Newport News Electricity Rates
Without Solar
- Monthly bill: $120
- Annual cost: $1,440
- 25-year cost: $36,000
- Rate trend: Rising 2-5% annually
With Solar
- Monthly savings: $89
- Annual savings: $1,068
- 25-year savings: $30,000
- Rate: Locked in for 25+ years
Electricity Rates FAQ - Newport News, VA
The average residential electricity rate in Newport News is $0.13 per kilowatt-hour (kWh), which is 19% below the national average of $0.16/kWh. The average monthly electric bill for Newport News homeowners is approximately $120.
With solar panels, Newport News homeowners can reduce their electricity costs by approximately 74%, saving around $89 per month or $30,000 over 25 years. The 30% federal tax credit further reduces the upfront cost of going solar.
The major electric utilities serving the Newport News area include Dominion Energy Virginia, Appalachian Power (AEP), Northern Virginia Electric Coop. Rates vary between providers, so your exact cost depends on your utility and usage level.
Yes, electricity rates in Newport News and across Virginia have been increasing, following national trends of 2-5% annual increases. This makes solar panels an increasingly attractive option since they lock in your energy costs for 25+ years.
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