EIA data through August 2026 · updated 2026-10-29

Electricity rates in 24143 — Radford, VA

Homes in ZIP 24143 pay about 14.3¢ per kWh (City of Radford (VA), 2024 average). The Virginia average is 17.6¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price14.3¢per kWh
Largest utility in countyCity of Radford (VA)
VA average17.6¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$2661,852 kWh/month, 2024

What a month of electricity costs

500 kWh / month$72
900 kWh / month$129
1,200 kWh / month$172
1,850 kWh / month · avg. use$265

Monthly cost at the average price of 14.3¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 24143 is

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Utilities serving Radford (city)

UtilityHome priceAvg. billCustomers in VA
City of Radford (VA)
Municipal · serves Radford (city)
14.3¢
2024
$2667,564

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Radford (city); county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

Virginia price trend

10¢12¢14¢16¢18¢20¢20222023202420252026Virginia averageU.S. average 10¢12¢14¢16¢18¢20¢20222023202420252026Virginia averageU.S. average
Virginia averageU.S. average
Aug 202617.6¢per kWh
vs. 1 year ago+11.3%15.8¢
vs. 5 years ago+38.8%12.7¢
Record high17.6¢Aug 2026
Avg. home bill$2201,246 kWh, Aug
EIA forecast, South Atlantic16.0¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the South Atlantic region, which includes Delaware, District of Columbia, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, West Virginia.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions about 24143

How much does electricity cost in 24143?

About 14.3¢ per kWh for homes (City of Radford (VA), 2024 average, EIA). At 900 kWh a month that is roughly $129.

Who is the electric utility for 24143?

City of Radford (VA) serves Radford (city) (EIA service territory), with about 7,564 residential customers in Virginia.

Is electricity in VA getting more expensive?

The Virginia residential average was 17.6¢ per kWh in August 2026, up 11.3% from a year earlier; the U.S. average was 18.2¢.