Richmond Power And Light Salary

As of August 2026, the average annual salary for employees at Richmond Power And Light in the United States is $79,803. This translates to an approximate hourly wage of $38. Salaries at Richmond Power And Light typically range from $69,981 to $90,579 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Richmond Power And Light Pay for Different Roles?

Explore detailed salary information for specific jobs at Richmond Power And Light. Based on our data, the highest paying job is the Business Anaylst, with an annual salary of $136,585. The table below outlines the annual salary ranges for most popular roles within the company.

Digital Services Specialist

$34,932 / year

Salary Range: $31,525 - $38,948

Security Services

Contact Center Agent

$86,351 / year

Salary Range: $75,884 - $100,095

Sales

Fraud and Security Specialist

$91,520 / year

Salary Range: $78,966 - $105,937

Security Services

Digital Support Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Business Anaylst

$136,585 / year

Salary Range: $115,388 - $156,730

Library

Digital Banking Agent

$69,758 / year

Salary Range: $61,896 - $78,750

Construction

Turn Insight into Opportunity: Current Job Openings

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About Richmond Power And Light: Company Profile

Website
www.rp-l.com
Founded In
2007
Employees
25 - 50 employees
Industry
Financial Services
Headquarter Location
RICHMOND
Revenue
<$5 Million
Phone Number
-
Social Media
About RICHMOND POWER AND LIGHT
Public Electric Energy Utility

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Richmond Power And Light's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
The pace is fast, but the company ensures you’re not overwhelmed. It's a decent job if you're looking for predictability without a lot of external pressure or frequent changes in direction. Leadership gives clear direction and supports work-life balance. I feel valued and excited about long-term opportunities here. The collaborative atmosphere makes it easy to work across teams, and the focus on c...
Training programs exist but can be generic. Clear expectations, effective training, and supportive leadership make this a great workplace. Colleagues are skilled and willing to help. Leaders support employee development through learning programs and mentorship. Joining this financial services company was a career-defining move. I greatly appreciateIn a rapidly evolving industry, they actively inve...
What I appreciate most is how this diversity enhances our problem-solving and client service capabilities. Training is provided but sometimes lacks relevance or follow-through. Matching gift programs amplify our personal donations.

Is Richmond Power And Light’s Pay Competitive? Salary Benchmarking Analysis

How does Richmond Power And Light's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
RIEGEL EMPLOYEES FEDERAL CREDIT UNION (INC) $82,435
+3.3%
Data suggests RIEGEL EMPLOYEES FEDERAL CREDIT UNION (INC)'s workforce skews heavily towards veteran, high-tenure roles.
RIVER VALLEY CREDIT UNION $79,365
-0.5%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
RIVER REGION CREDIT UNION $78,831
-1.2%
Suggests RIVER REGION CREDIT UNION utilizes a highly similar base-plus-benefits compensation model.
RED CROWN CREDIT UNION $78,936
-1.1%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Financial Services Industry $121,514
+52.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Indianapolis?

Understanding the cost of living near Indianapolis is key to truly evaluating a salary offer or your current compensation at Richmond Power And Light.
Indianapolis' Cost of Living Index is approximately 83.5 (16.5% less expensive than US average; 7.8% less than IN average). State capital, affordable housing, growing downtown. IndyGo bus. When planning your budget based on a salary from Richmond Power And Light, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $950 - $1,400+ A significant portion of Richmond Power And Light salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (IndyGo monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,240 - $3,510+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Richmond Power And Light

FAQ 1: How much does Richmond Power And Light in the United States pay?
Richmond Power And Light pays its employees an average of $79,803 per year. The average salary at Richmond Power And Light range from $69,981 to $90,579 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.
FAQ 2: Do Richmond Power And Light employees get a higher salary than its peer company?
The salary at Richmond Power And Light is lesser than its peer company. The average annual salary at Richmond Power And Light is $79,803, or an hourly wage of $38, in comparison to RIEGEL EMPLOYEES FEDERAL CREDIT UNION (INC) which pays $82,435 per year or $40 per hour.
FAQ 3: How much does salary increase with years of experience at Richmond Power And Light?
Salary progression with years of experience at Richmond Power And Light is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Richmond Power And Light vary by office location?
Yes, it's very likely that salaries at Richmond Power And Light vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Indianapolis section provides more context.
FAQ 5: Does Richmond Power And Light offer good benefits?
Richmond Power And Light typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Richmond Power And Light" section on this page.