Central Virginia Electric Cooperative
Electricity Rates, Plans & Statistics
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About Central Virginia Electric Cooperative
Central Virginia Electric Cooperative serves 3 cities and is classified as an electricity cooperative. Patrons of Central Virginia Electric Cooperative pay an average residential electricity rate of 15.02 cents per kilowatt hour, which is 5.82% higher than the average state price of 14.19 cents. There were a total of 840,091 megawatt hours sold to retail accounts in 2022 by the provider. The electricity sourced by the provider primarily came from megawatt hours that they purchased via wholesale channels. They purchased 886,631 wholesale megawatt hours. In 2022, they made a total of $109,184,000 from business activities relating to the sale and transfer of electricity. They had 96.44% of their revenue coming from retail sales to end users.
The US average monthly residential electricity bill is $135.34, while the Central Virginia Electric Cooperative average is 29.11% more at $174.74 per month. Central Virginia Electric Cooperative is the 2682nd ranked provider in the US for average monthly bill amount. The provider currently does not generate any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.
Customers of Central Virginia Electric Cooperative are able to participate in net metering solutions, which is a positive for both parties. Installation of solar panels and other electricity sources is often prohibitively priced for people. Net metering allows purchasers of these electricity sources to sell excess wattage back into the grid, making the installation of these alternative sources economically viable.
Central Virginia Electric Cooperative reports energy loss of 5.05% of their total generation due to heat dissipation and other causes. This percentage of energy lost earns them a rank of 903rd best out of 3526 companies who report energy loss in the United States.
Central Virginia Electric Cooperative Rate & Electric Bills
Central Virginia Electric Cooperative residential electric rates are highest in May and the highest average bill is in January.
Historical Electricity Rates:
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Central Virginia Electric Cooperative Overview
- Company Type:Cooperative
- Headquarters:800 Cooperative Way
Arrington, Virginia 22922
United States of America - CEO:Gary Wood
Central Virginia Electric Cooperative Contact
- Website:www.mycvec.com
- Customer Service Phone:(800) 367-2832
- Contact Page:www.mycvec.com
- Social Media:
Central Virginia Electric Cooperative Service
- Rates & Plans:www.mycvec.com
- Outage Map:www.mycvec.com
- States Served:
- Virginia
- Counties Served:
- Albemarle County
- Louisa County
- Orange County
- Amherst County
- Fluvanna County
- Major Cities Served:
- Lake Monticello CDP
- Appomattox
- Rivanna CDP
- Gordonsville
- Nellysford CDP
- Concord CDP
- Arrington CDP
- Scottsville
- Lovingston CDP
- Wintergreen CDP
Energy Loss
Central Virginia Electric Cooperative's energy loss due to business operations.
Total Energy Loss
44,751MWh
903 National Rank
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Central Virginia Electric Cooperative Coverage Map
Central Virginia Electric Cooperative State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Virginia | 38,556 | 106,733,720.96 | 9 | 100% |
Central Virginia Electric Cooperative County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Albemarle County | 114,534 | 6 | 14.67 | $159.01/mo |
| Amherst County | 31,381 | 5 | 15.95 | $168.18/mo |
| Appomattox County | 16,039 | 5 | 14.73 | $156.17/mo |
| Buckingham County | 16,832 | 4 | 14.57 | $162.34/mo |
| Cumberland County | 9,669 | 5 | 14.38 | $148.04/mo |
| Fluvanna County | 27,078 | 4 | 14.66 | $165.72/mo |
| Goochland County | 24,300 | 5 | 14.01 | $143.36/mo |
| Greene County | 20,374 | 2 | 14.64 | $170.09/mo |
| Louisa County | 37,136 | 5 | 14.57 | $165.37/mo |
| Nelson County | 14,795 | 4 | 15.40 | $172.20/mo |
Cities Central Virginia Electric Cooperative Has Coverage
- Appomattox, VA
- Gordonsville, VA
- Scottsville, VA
* City coverage generated based on government data. Always verify you can get service from the provider.
Central Virginia Electric Cooperative Reviews
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Central Virginia Electric Cooperative FAQ:
What is the average bundled bill for Central Virginia Electric Cooperative customers each month?
Central Virginia Electric Cooperative currently has an average monthly bundled electric bill of $174.74, compared to the Virginia average of $141.71 and the national of $141.71 for bundled service.
How many counties does Central Virginia Electric Cooperative have customers in in?
There are 12 counties that receive at least some electricity coverage by Central Virginia Electric Cooperative.
What is the phone number for Central Virginia Electric Cooperative?
The Central Virginia Electric Cooperative phone number is (800) 367-2832.
Who is the CEO of Central Virginia Electric Cooperative?
Gary Wood is the CEO of Central Virginia Electric Cooperative.
What is the average bundled electricity rate for Central Virginia Electric Cooperative customers?
The average bundled price of electricity for consumers of Central Virginia Electric Cooperative is 15.02 cents per kilowatt hour (¢/kWh).
What cities does Central Virginia Electric Cooperative sell electricity in?
Central Virginia Electric Cooperative supplies in 3 cities in the country.
