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3 Simple Steps for Affordable Richmond Energy Plans

Our proven process makes it easy to find and switch to better Richmond electricity rates.

Share Some Company Details

Request a free quote so our energy experts can find the plans in your area that best suit your business.

Choose Your Rate & Plan

Compare electric plans in Richmond with our advisors to select the best fit for your needs.

Finalize New Savings

Sign your new contract to begin enjoying the best energy prices in Richmond.

What’s the Average Electricity Rate in Richmond?

The average commercial Richmond electricity rate is

10.99¢ per kWh

Updated: September 8, 2026

Lower Your Average Electric Bill in Richmond, VA

Comparing energy plans in Richmond with Integrity Energy is one of many ways to reduce your utility bill.  

Switch to Smart Systems

Switching to smart thermostats and lighting systems will reduce unnecessary energy waste.  

Upgrade to LED Lighting

LEDs are an energy- efficient option with a longer lifespan and a sizable ROI.  

Shift Usage to Off-Peak Times

Running major equipment and appliances during off-peak hours helps avoid high demand charges

Perform an Energy Audit

Energy audits identify opportunities to improve operations and make systems more energy efficient. 

What Energy Plans Does Integrity Energy Offer?

Choose from our comprehensive suite of energy plans in Richmond that are designed to meet even the most complex needs. 

Variable Rate

Month-to-month plan with a rate that fluctuates depending on energy market trends.

  • Savings opportunity
  • No commitment
  • Leverage the market
Learn More

Fixed Rate

Secure a stable rate that doesn’t change for the whole duration of the contract.

  • Budget stability
  • Risk mitigation
  • Long-term contracts
Learn More

Capacity Passthrough

Pass through capacity costs for potential additional savings.

  • Fixed-rate plan
  • Supply rate stability
  • Full transparency
Learn More

Flip to Fixed

Start variable, lock in fixed rates when the time is optimal.

  • Better manage risk
  • Control & flexibility
  • On-demand rate lock
Learn More

Blend & Extend

Blend current rates with new terms for contract optimization.

  • Avoid early termination fees
  • Lock in lower rates
  • Term extension
Learn More

Looking for Additional Information?

Our experienced experts are ready to answer your questions and guide you through the next steps.

Get a Free Energy Consultation

The Trusted Broker for Richmond Businesses 

Business owners count on Integrity Energy for custom-fit energy plans and the best energy rates in Richmond. Our transparent approach and years of industry experience have earned the trust of thousands of Virginia-area organizations.  

Frequently Asked Questions About Richmond, VA, Energy Shopping

How do average rates in Richmond, VA, compare to statewide or national averages? 

The city of Richmond very closely mirrors statewide averages for both natural gas and electricity. Virginia’s average electric rate of 10.99¢ per kWh. And an average gas rate of  $13.38 per Mcf.

What incentives, rebates, or grants are available in Richmond, Virginia, for energy efficiency or clean energy projects? 

Dominion Energy’s EnergyShare and TakeCharge Virginia’s programs provide incentives, rebates, and grants for lighting, HVAC, solar, and other energy-efficient upgrades.  

How do building efficiency upgrades (insulation, HVAC, lighting, etc.) affect my energy costs long term? 

Energy-efficient upgrades reduce unnecessary energy waste, which helps lower energy costs in the long term. The cost of these upgrades is offset through grants and incentives, and a fast return on investment. 

How much control will I have over peak demand charges or demand response programs? 

Integrity Energy offers expert guidance on how to navigate and reduce demand charges. By reducing peak-hour usage and changing scheduling for your business, you can minimize the effects of demand charges.  

Can multiple business locations be bundled under one energy contract for volume discounts? 

Yes, Integrity Energy can negotiate aggregated contracts for multiple locations of one business to leverage higher energy volume to secure lower energy rates.  

Ready to Switch Electricity Companies in Richmond?

Join thousands of businesses who have saved money with our competitive Richmond electricity rates. Talk to an energy advisor and get your free quote today!

Simplified Procurement

We handle everything so you can focus on your business.

Risk Management

We shield you from the unpredictability of the market.

Tailored Solutions

We provide options that coincide with your goals.

About the Author Michael McKelvey picture

Michael McKelvey

Published May 24, 2024

Michael McKelvey is a Senior Digital Marketing Manager at Integrity Energy, specializing in energy purchasing and cost-saving strategies. With 9 years of experience in marketing and ana…