Electricity Rates in Roanoke, VA
Average electricity cost, utility comparison, and solar savings potential for Roanoke homeowners.
Roanoke Electricity Cost Overview
The average residential electricity rate in Roanoke, VA is $0.13 per kWh, which is 19% below the national average of $0.16/kWh. Homeowners in Roanoke pay an average of $120 per month for electricity, based on typical usage of 921 kWh per month.
Electricity rates in Roanoke are determined by the local utility providers that serve the area. Rates can vary depending on your specific utility, usage level, and time of use. Since Virginia has a deregulated electricity market, Roanoke residents can shop for competitive rates from alternative suppliers.
Electric Utilities Serving Roanoke
| Utility Company | Avg Rate ($/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 Roanoke 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 - Roanoke, VA
The average residential electricity rate in Roanoke is $0.13 per kilowatt-hour (kWh), which is 19% below the national average of $0.16/kWh. The average monthly electric bill for Roanoke homeowners is approximately $120.
With solar panels, Roanoke 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 Roanoke 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 Roanoke 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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