Golden Valley Electric Association (GVEA) offers 5 different rates to its members, depending on the classification of the service provided. The rates vary depending on whether you’re a resident or a business.
- kW = kilowatt
- kWh = kilowatt-hour
| Service Type | Customer Charge | Utility Charge | Fuel & Purchased Power Charge | Effective Rates* | Demand Charge |
|---|---|---|---|---|---|
| Residential | $22.50 per month | $0.13378 per kWh | $0.16629 per kWh | $0.30007 per kWh | N/A |
| GS-1 | $26 per month | $0.14159 per kWh | $0.16629 per kWh | $0.30788 per kWh | N/A |
| GS-2(S) | $50 per month | $0.04706 per kWh | $0.16629 per kWh | ** | $23.46 per kW |
| GS-2(P) | $50 per month | $0.04706 per kWh | $0.16629 per kWh | ** | $23.46 per kW |
| GS-3 | $220 per month | $0.01324 per kWh | $0.16629 per kWh | ** | $31.67 per kW |
*Effective Rate is the sum of the Fuel and Purchased Power Charge and the Utility Charge.
**In addition to the Fuel and Purchased Power Charge, Utility Charge and Customer Charge, GS-2 and GS-3 members are subject to a Demand Charge.
Last updated: 3/01/2024
GVEA Sample Bill for Residential Service of 600 kWh
| Charge | Cost |
|---|---|
| Customer Charge | $22.50 |
| Utility Charge ($0.13378 × 600 kWh) | $80.27 |
| Fuel and Purchased Power ($0.16629 × 600 kWh) | $99.77 |
| Regulatory Cost Charge ($0.001028 × 600 kWh) | $0.62 |
| Electric Reliability Organization (ERO) Charge ($0.00057 × 600 kWh) | $0.34 |
| Total Due: | $203.50 |