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FLAT Rate Structure

Solar ROI for Dominion Energy Virginia Customers

Dominion Energy Virginia charges an average of $13.2¢/kWh. A 7 kW solar system produces a $5,193 NPV over 25 years.

$13,622
Net System Cost
$5,193
25-Year NPV
11 years
Payback Period
$0.155/kWh
Solar LCOE

Dominion Energy Virginia Rate Structure

ParameterRate
Average residential rate$13.2¢/kWh
Rate structureFLAT
Export credit policy1:1 net metering for systems up to 25 kW

Solar System Economics

A 7 kW solar system for a Dominion Energy Virginia customer costs $19,460 before incentives. The 30% federal ITC saves $5,838. The net out-of-pocket cost is $13,622.

At Dominion Energy Virginia's $13.2¢/kWh average rate, the system saves $1,201 in year one, producing 9,100 kWh. The solar LCOE of $0.155/kWh is -17% below Dominion Energy Virginia's current rate.

Battery Storage for Dominion Energy Virginia Customers

$8,400
Battery Net Cost
$0
Daily Arbitrage
$0
Annual Arbitrage
-$11,382
25-Year Battery NPV

Dominion Energy Virginia uses a flat rate structure without significant peak/off-peak spread. Battery value comes primarily from backup power and net metering optimization rather than TOU arbitrage.

FAQ: Solar for Dominion Energy Virginia Customers

How much can Dominion Energy Virginia customers save with solar?
A typical 7 kW solar system saves Dominion Energy Virginia customers approximately $1,201/year in electricity costs. Over 25 years, the NPV of savings after system costs is $5,193.
What is Dominion Energy Virginia's rate structure?
Dominion Energy Virginia uses a flat rate structure at an average of $13.2¢/kWh. Without a large peak/off-peak spread, battery storage value comes primarily from backup power and net metering optimization.
Does Dominion Energy Virginia offer net metering?
1:1 net metering for systems up to 25 kW
Should Dominion Energy Virginia customers add battery storage?
Battery storage for Dominion Energy Virginia customers has a 25-year NPV of -$11,382. The economics are marginal based on TOU savings alone, but backup power value and future grid services programs may change the equation.

Other Utilities in Virginia

Appalachian Power Virginia
$12.8¢/kWh · FLAT
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