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 13,498 customers. Exactly 80 of them are industrial properties, 2,148 are commercial customers and 11,270 are residential customers. Salem, Virginia Electric Utility's customers spend, on average, 13.30 cents per kilowatt hour for their electricity, which is 6.28% lower than the average Virginia rate of 14.19 cents. Roughly 354,276 megawatt hours were sold by the supplier to retail accounts in 2022. The electricity sourced by the company primarily came from megawatt hours that they purchased via the wholesale electricity market. They purchased 368,015 on the wholesale market. In 2022, they made a total of $41,784,000 from business activities relating to the sale and transfer of electricity. They had 98.52% of their revenue coming from retail sales to end users.
The Virginia average monthly residential electricity bill is $141.71, while the Salem, Virginia Electric Utility average is 17.53% below at $117.99 per month. This is the 4th lowest average monthly bill amount for a supplier in the state. Salem, Virginia Electric Utility produces 217 megawatt hours from their electricity facilities, which ranks them as the 722nd highest generator of electricity in the country out of 3526 companies. Salem, Virginia Electric Utility is the 17th largest provider out of 31 electricity companies in the state based on total megawatt hours sold. The company generates 492nd megawatt hours from non-renewable fuel types each year, making them 492nd in the United States out of 3526 companies.
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 3.73% of the total electricity they transmit. The Virginia average for energy loss is 2.71% and the nationwide average is 2.87%. This gives Salem, Virginia Electric Utility a ranking of 9th best out of 31 electricity companies in the state and 554th best out of 3526 companies in the United States.
Salem, Virginia Electric Utility Rate & Electric Bills
Salem, Virginia Electric Utility residential electric rates are highest in May 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
Energy Loss
Salem, Virginia Electric Utility's energy loss due to business operations.
Total Energy Loss
13,739MWh
554 National Rank
Salem, Virginia Electric Utility Energy Makeup
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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 | 13,498 | 41,867,235.31 | 19 | 100% |
Salem, Virginia Electric Utility County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Salem city | 25,335 | 4 | 14.70 | $143.18/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 Water PlantSalem, Virginia Electric Utility (100.00%) | Salem | VA | Distillate Fuel Oil | 77 | 56,895.74 | 738.91 | ||
Salem Street DeptSalem, Virginia Electric Utility (100.00%) | Salem | VA | Distillate Fuel Oil | 63 | 48,894.78 | 776.11 |
Salem, Virginia Electric Utility 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 $117.99.
Who is the CEO of Salem, Virginia Electric Utility?
Salem, Virginia Electric Utility's CEO is Jay Taliaferro.
What percentage of Salem, Virginia Electric Utility's electricity is generated using renewable fuel sources?
Electric production facilities owned by or associated with Salem, Virginia Electric Utility generate 0% of their electricity using renewable fuels.
What is the average bundled electricity rate for Salem, Virginia Electric Utility customers?
The average bundled rate of electricity for customers of Salem, Virginia Electric Utility is 13.30 cents per kilowatt hour (¢/kWh).
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.
What is the phone number for Salem, Virginia Electric Utility?
You can reach Salem, Virginia Electric Utility by phone via (540) 375-3030.
How many power plants are owned by or associated with Salem, Virginia Electric Utility?
Salem, Virginia Electric Utility is associated with or owns 2 power plants.
