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 | $0.14047 per kWh | $0.13124 per kWh | $0.27171 per kWh | N/A |
| GS-1 | $26 per month | $0.14867 per kWh | $0.13124 per kWh | $0.29734 per kWh | N/A |
| GS-2(S) | $50 per month | $0.04941 per kWh | $0.13124 per kWh | ** | $24.63 per kW |
| GS-2(P) | $50 per month | $0.04941 per kWh | $0.13124 per kWh | ** | $24.63 per kW |
| GS-3 | $220 per month | $0.01390 per kWh | $0.13124 per kWh | ** | $33.25 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: 6/01/2024
GVEA Sample Bill for Residential Service of 600 kWh
| Charge | Cost |
|---|---|
| Customer Charge | $22.50 |
| Utility Charge ($0.14047 × 600 kWh) | $84.28 |
| Fuel and Purchased Power ($0.13124 × 600 kWh) | $78.74 |
| Regulatory Cost Charge ($0.001107 × 600 kWh) | $0.66 |
| Electric Reliability Organization (ERO) Charge ( $0.00074 × 600 kWh) | $0.44 |
| Total Due: | $186.62 |