Virginia Tech Electric Service
Electricity Rates, Plans & Statistics
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About Virginia Tech Electric Service
Virginia Tech Electric Service supplies electricity in Blacksburg in Montgomery County, Virginia. Consumers of Virginia Tech Electric Service spend, on average, 16.92 cents per kilowatt hour for their residential electricity, which is 19.20% more than the average Virginia price of 14.19 cents. In 2022 Virginia Tech Electric Service sold 313,469 megawatt hours by way of retail sales to end users. During the same timeframe, the supplier obtained 320,104 megawatt hours through the wholesale electricity market. The total revenue for Virginia Tech Electric Service in 2022 from electricity sales was $33,055,700, with 99.14% coming from retail sales to end users.
Customers of the supplier have an average residential electricity bill of $129.67. This is 4.19% below the national average of $135.34. Electricity production is not handled in house at the company, as they purchase power at wholesale rates to then be resold to their end users.
Consumers of Virginia Tech Electric Service are able to take advantage of net metering solutions, which is a positive for both parties. Net metering makes solar panel purchases more economically feasible as it gives the ability for consumers to sell electricity back to the grid.
Virginia Tech Electric Service currently has a loss of roughly 2.07% of the electricity that they produce. This percentage of loss gives them a ranking of 205th best out of 3526 providers who report energy loss in the nation.
Virginia Tech Electric Service Rate & Electric Bills
Virginia Tech Electric Service residential electric rates are highest in June and the highest average bill is in February.
Historical Electricity Rates:
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Virginia Tech Electric Service Overview
- Company Type:State
- Headquarters:601 Energy Drive
Blacksburg, Virginia 24061
United States of America - CEO:Matt Hagy
Virginia Tech Electric Service Contact
- Website:vtes.vt.edu
- Customer Service Phone:(540) 231-6437
- Contact Page:www.vt.edu
- Social Media:
Virginia Tech Electric Service Service
- Rates & Plans:vtes.vt.edu
- Outage Phone:(540) 231-6437
- States Served:
- Virginia
- Counties Served:
- Montgomery County
- Major Cities Served:
![Energy provider of the year for Virginia, Mid-Sized Provider Category](/awards/award-2020.png)
![Energy provider of the year for Virginia, Mid-Sized Provider Category](/awards/award-2020.png)
![Energy provider of the year for Virginia, Major Provider Category](/awards/excellence-2019.png)
Energy Loss
Virginia Tech Electric Service's energy loss due to business operations.
Total Energy Loss
6,635MWh
205 National Rank
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Virginia Tech Electric Service Coverage Map
![Coverage Map Placeholder](/map-placeholder-min.png)
Virginia Tech Electric Service State Coverage
State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
---|---|---|---|---|
Virginia | 6,921 | 45,148,772 | 16 | 100% |
Virginia Tech Electric Service County Coverage
County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
---|---|---|---|---|
Montgomery County | 98,915 | 5 | 17.33 | $168.21/mo |
Virginia Tech Electric Service Reviews
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Virginia Tech Electric Service FAQ:
Who is the CEO of Virginia Tech Electric Service?
Matt Hagy is the current CEO of Virginia Tech Electric Service.
What is the average bundled bill for Virginia Tech Electric Service customers each month?
Virginia Tech Electric Service currently has an average monthly bundled electric bill of $129.67, compared to the Virginia average of $141.71 and the US of $141.71 for bundled service.
What is the phone number for Virginia Tech Electric Service?
You can reach Virginia Tech Electric Service by phone via (540) 231-6437.
What is the average bundled electricity rate for Virginia Tech Electric Service customers?
Virginia Tech Electric Service's current average bundled electricity rate is 16.92 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.19 cents and the average nationwide rate of 15.76 cents.