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Virginia Beach Energy Market Updates for 2026

Virginia Beach has an evolving energy landscape as new infrastructure projects continue to shape the region’s future energy supply. Dominion Energy’s Coastal Virginia Offshore Wind project is bringing additional renewable energy resources while supporting continued investment in Virginia’s energy infrastructure. Seasonal demand, weather, and changing market conditions can all affect Virginia Beach electricity rates throughout the year. Monitoring these trends can help your business choose the right time to evaluate new energy plans.  

Average Business Electricity Rate in Virginia Beach 

The average electric bill in Virginia Beach can vary based on factors like energy usage, market conditions, and plan options. Understanding current rates can help businesses evaluate their energy costs and explore opportunities to find a plan that fits their needs. 

The average commercial electricity rate in Virginia Beach is

10.99¢ per kWh

Updated: September 8, 2026

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Start by telling us a little bit about your business energy needs, budget, and goals.

Evaluate Your Energy Choices

Explore rates and plans from our top-rated network of Virginia Beach power providers.

Choose Your Energy Plan

Select a plan that best fits your business needs and complete your enrollment.

What’s the Difference Between an Energy Supplier and a Utility Company in Virginia Beach?

Energy suppliers and utility companies serve different roles when it comes to powering your business. In deregulated energy markets like Virginia, customers may be able to choose an energy supplier that offers different pricing plans and options. The local utility, Dominion Energy, is responsible for delivering electricity, maintaining the energy infrastructure, and managing service issues like power outages in Virginia Beach. Understanding the difference between your supplier and utility can help your businesses make more informed energy decisions. 

Energy Suppliers

  • Offer electricity or natural gas plans and pricing options 
  • Help customers compare rates, terms, and energy products 
  • Provide options that fit different business needs and budgets 
  • Handle the energy supply portion of your bill 

Utility Company

  • Delivers electricity through local infrastructure
  • Maintains power lines, meters, and service equipment 
  • Responds to service issues and power outages 
  • Charges standardized service fees on monthly bills 

Understanding Electricity and Natural Gas Deregulation in Virginia Beach 

The energy market in Virginia Beach has different levels of deregulation depending on the service. Electricity is partially deregulated, giving eligible high-energy use businesses the opportunity to choose from a limited number of electricity suppliers, while the local utility continues to be responsible for electricity delivery. Natural gas, however, is fully deregulated in Virginia, allowing businesses to compare and choose from available natural gas suppliers and plans.  

What Business Energy Plans Are Available in Virginia Beach? 

Explore Virginia Beach natural gas and electricity solutions designed to provide long-term stability, savings, and predictable monthly bills. 

Capacity Passthrough

Enjoy fixed supply rates while the utility passes through your capacity charges for more transparency and cost control.

  • Supply Rate Stability
  • Cost Transparency
  • Market-Based Savings Opportunities
Learn More

Block & Index

Bulk purchase most of your usage at a fixed rate while additional energy is purchased separately at current market rates.

  • Partial Rate Protection
  • Market Opportunities
  • Greater Cost Control
Learn More

Wholesale Pricing

Large energy users can avoid retail markups by purchasing power directly from the wholesale market.

  • Usage Discounts
  • Custom Contracts
  • Market-Based Pricing
Learn More

Fixed Rates

Enjoy long-term stability and predictable bills with a plan that locks in your energy rates for the duration of your contract.

  • Rate Protection
  • Budget Certainty
  • No Billing Surprises
Learn More

Indexed Pricing

Tie your energy rates to a public pricing index for greater transparency and cost-saving market opportunities.

  • Market Flexibility
  • Cost Transparency
  • Seasonal Savings
Learn More

Need Help Finding the Right Fit?

Our energy advisors can provide personalized recommendations based on your budget, usage, and goals.

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How Integrity Energy Helps Virginia Beach Businesses Make Smarter Energy Decisions 

Finding the right energy plan shouldn’t feel overwhelming. Our team helps businesses compare Virginia energy providers, evaluate personalized plan options, and choose an energy solution that aligns with their goals.  

Transparent Pricing Options

Understand your company’s energy choices with transparent pricing and guidance from our experienced advisors.  

Customized Energy Solutions

Find an energy plan that aligns with your business’s needs, usage patterns, and budget with recommendations tailored to your goals.  

Energy Market Guidance

Stay informed about market changes and factors that may impact your costs with insights designed to help you plan ahead. 

Proven Industry Experience

Work with an experienced energy partner that has helped more than 40,000 businesses navigate their energy needs since 2010. 

Helping Virginia Beach Businesses Take Control of Energy Costs 

At Integrity Energy, we specialize in helping commercial customers find energy solutions that align with their unique needs. With experience serving businesses across Virginia, our experts simplify the process of comparing plans, managing costs, and making informed energy decisions so you can focus on running your business. 

Factors Impacting Energy Costs in Virginia Beach

Virginia Beach business energy costs are often influenced by local factors that can affect energy demand, costs, and long-term planning. From tourism and infrastructure growth to renewable energy investments and efficiency programs, understanding these trends can help businesses make more informed energy decisions. 

How Tourism Impacts Virginia Beach Electric Rates

The tourism industry in Virginia Beach contributes to seasonal changes in energy demand, especially during the warmer months when hotels, restaurants, and entertainment businesses increase activity. Higher usage during peak seasons can affect overall energy demand and market conditions, making it important for businesses to monitor and understand their consumption patterns.

Coastal Virginia Offshore Wind Project Impact

Dominion Energy’s Coastal Virginia Offshore Wind project represents a significant investment in statewide renewable energy infrastructure. Located off the coast of Virginia Beach, the project is expected to contribute additional renewable energy resources to the grid while supporting the state’s evolving energy landscape.

EV Infrastructure Expansion 

As electric vehicles become increasingly popular, Virginia Beach is seeing a higher investment in EV charging infrastructure. Businesses considering EV charging stations or fleet electrification should evaluate how increased electricity usage may impact their energy needs and explore solutions that support long-term planning. 

Virginia Beach C-PACE Program

The Virginia Beach Commercial Property Assessed Clean Energy (C-PACE) program helps eligible commercial property owners finance energy efficiency and renewable energy improvements. By supporting upgrades like efficient building systems and renewable energy projects, C-PACE can help businesses invest in long-term energy performance improvements. 

Frequently Asked Questions About Electricity Plans in Virginia Beach 

What happens during a power outage in Virginia Beach?

During a power outage in Virginia Beach, the utility, Dominion Energy, works to identify the cause and restore electricity as safely and quickly as possible. Outages may result from severe weather, equipment failures, or other issues affecting the local power grid. Businesses should report any outages to Dominion Energy and follow utility updates for restoration information.

What is Dominion Energy’s role in a deregulated market?

Even in a deregulated energy market, Dominion Energy remains Virginia Beach’s local utility and is responsible for maintaining the local energy infrastructure. While eligible customers may have access to energy supplier options, Dominion Energy manages services like power delivery, grid maintenance, and outage response. 

How can my business reduce electricity demand charges in Virginia Beach?

Virginia Beach businesses can reduce electricity demand charges by managing when and how much energy they use during peak demand periods. Common strategies to lower demand-related costs include improving energy efficiency, shifting high energy activities to off–peak hours, upgrading equipment, and monitoring usage patterns. Working with an energy partner can also help businesses better understand their energy usage and explore solutions that support cost management.

What industries in Virginia Beach benefit most from energy procurement?

Industries with high or fluctuating energy usage often benefit most from energy procurement strategies. In Virginia Beach, industries like hospitality, healthcaremanufacturingcommercial real estate, and retail may benefit from evaluating supplier options, contract terms, and pricing structures to better manage energy costs. A personalized procurement approach can help businesses choose energy solutions that align with their operational needs and budget goals. 

Are there renewable energy options available for Virginia Beach businesses?

Yes, Virginia Beach businesses may have access to renewable energy options that can support sustainability goals and long-term energy planning. Options such as commercial rooftop solar, utility green power programs, and regional grid wind power can help businesses incorporate more sustainable solutions into their energy strategy.

Explore the Best Energy Plans in Virginia Beach Today!

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About the Author Makena Piepsny picture

Makena Piepsny

Published August 7, 2026

Makena Piepsny is a Marketing Specialist at Integrity Energy, specializing in business energy and energy technology. With over 2 years of experience in the energy industry, she creates …