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Electric cooperative2025 early release

Shenandoah Valley Electric Cooperative electricity rates

SVEC served 86,656 Virginia homes in 2025 at an average of 14.49¢ per kWh, 0.79¢ below the statewide average that year.

14.49¢

2025 avg price

per kWh, all-in

+4.9%

1-year change

13.81¢ in 2024

+1.9%

per year since 2015

compounded

1,200

kWh / home / month

≈ $174 average bill

Shenandoah Valley Electric Cooperative average residential price vs. Virginia average, 2015–2025Cents per kWh by calendar year. SVEC ended at 14.49 cents in 2025.10¢11¢12¢13¢14¢15¢201520172019202120232025SVECVirginia average
EIA-861, residential revenue ÷ residential sales, Shenandoah Valley Elec Coop. Statewide line from EIA-861M. 2025 early release.
YearAvg price ¢/kWhChangeResidential customersAvg kWh / month
2025*14.49+4.9%86,6561,200
202413.81+0.9%85,2811,166
202313.69+10.0%84,0641,132
202212.44+14.5%84,1891,211
202110.86-4.4%82,1601,203
202011.36-3.9%81,1511,171
201911.82+6.0%80,3981,212
201811.15+1.3%79,5781,258
201711.01-3.3%78,1371,154
201611.39-4.7%73,0661,261
201511.95—72,5501,243
Compare ▲ MEC · 14.50¢ ▼ ANEC · 14.40¢ All 19 utilities

Why the line slopes the way it does: why Virginia rates keep rising. What the charges on the bill mean: how to read your co-op electric bill.

Solar math at SVEC prices

An average SVEC home, solar-sized.

Using SVEC's own average usage (1,200 kWh a month, ≈ $174), its 2025 price, a median Virginia roof (1,389 kWh per kW per year) and the calculator's default assumptions (3% annual rate growth, $2.75/W, no federal credit). Dollars are nominal. Every utility side by side: Is solar worth it in Virginia?

Run it with your bill

10.4 kW

System size

$28,600

Est. cost

$2,327

Year-1 savings

11.3 yrs

Break-even

$69,307

25-yr savings

$40,707

Net benefit

undiscounted

Service territory

Where SVEC delivers power

12 Virginia localities, per EIA's service-territory file. Many counties are split between utilities; your bill is the tiebreaker.

Questions

Is 14.49¢ what I pay per kWh with SVEC?
It is what SVEC's residential customers paid on average in 2025: all charges on the bill before taxes, divided by all kilowatt-hours sold, as reported to EIA. Your effective rate depends on your usage (fixed charges weigh more on small bills), your rate schedule and any power-cost adjustment changes since then. Divide a recent bill (less taxes) by its kWh to get yours.
How have SVEC's rates changed?
From 11.95¢ in 2015 to 14.49¢ in 2025: +21.3% in total, or about 2.0% a year compounded. The most recent year moved +4.9%.
Does SVEC offer net metering?
Virginia's investor-owned utilities and electric cooperatives credit exported solar at the full retail rate, with credits carried forward for 12 months. The State Corporation Commission's April 30, 2026 ruling on Dominion's net-metering case kept full retail crediting in place. Electric cooperatives net meter under a separate section of the statute (§ 56-594.01). Each cooperative's board sets its own program cap, fees and interconnection paperwork, and at least one Virginia cooperative has reached its cap in the past, so check the current tariff before signing. Policy facts reviewed 2026-10-06.
Where does this data come from?
EIA Form 861 (annual) sales to ultimate customers, residential sector, filed by the utility. The 2025 figure is EIA's early release and may be revised. Last checked October 6, 2026.