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Electric cooperative2025 early release

Northern Neck Electric Cooperative electricity rates

NNEC served 18,199 Virginia homes in 2025 at an average of 16.01¢ per kWh, 0.73¢ above the statewide average that year.

16.01¢

2025 avg price

per kWh, all-in

-0.7%

1-year change

16.12¢ in 2024

+1.3%

per year since 2015

compounded

1,197

kWh / home / month

≈ $192 average bill

Northern Neck Electric Cooperative average residential price vs. Virginia average, 2015–2025Cents per kWh by calendar year. NNEC ended at 16.01 cents in 2025.11¢12¢13¢14¢15¢16¢201520172019202120232025NNECVirginia average
EIA-861, residential revenue ÷ residential sales, Northern Neck Elec Coop, Inc. Statewide line from EIA-861M. 2025 early release.
YearAvg price ¢/kWhChangeResidential customersAvg kWh / month
2025*16.01-0.7%18,1991,197
202416.12+3.7%17,9911,127
202315.54+8.7%17,6681,071
202214.30+4.8%17,3761,175
202113.65-4.7%17,1521,167
202014.33+0.1%16,9501,110
201914.31+2.7%16,7501,154
201813.93+7.7%16,6121,208
201712.93-5.1%16,5451,093
201613.63-3.2%16,4271,131
201514.08—16,2941,162
Compare ▲ CVEC · 16.16¢ ▼ Danville · 15.81¢ 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 NNEC prices

An average NNEC home, solar-sized.

Using NNEC's own average usage (1,197 kWh a month, ≈ $192), 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

10.3 kW

System size

$28,325

Est. cost

$2,531

Year-1 savings

10.2 yrs

Break-even

$76,025

25-yr savings

$47,700

Net benefit

undiscounted

Service territory

Where NNEC delivers power

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

Questions

Is 16.01¢ what I pay per kWh with NNEC?
It is what NNEC'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 NNEC's rates changed?
From 14.08¢ in 2015 to 16.01¢ in 2025: +13.7% in total, or about 1.3% a year compounded. The most recent year moved -0.7%.
Does NNEC 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.