GVEA offers five different rates to its members, depending on the classification of the service provided. The rates are divided into two categories: Residential and General Service (GS). Eighty-five percent of the electric services on GVEA's system are single-family dwellings, classified under the Residential rate. The four General Service rates apply to small and large power users that do not qualify for the Residential rate.
| The General Service rates break down as follows: | |
| GS - 1 | Services under 50 kilowatts (kW) of demand per billing cycle |
| GS - 2 (1) | Services 50 kW and higher of demand per billing cycle |
| GS - 2 (2) | Services at primary voltage |
| GS - 2 (3) | Services at transmission voltage |
Quarterly, GVEA calculates the Fuel Adjustment, which is also charged per kWh. This covers the remaining portion of fuel costs. It is based on a combination of forecasted and actual power costs. This charge allows GVEA to pass on increases and decreases in fuel and energy purchases to our members.
As a regulated utility, GVEA is required to pay a regulatory charge to the Regulatory Commission of Alaska. The charge is calculated on a per kilowatt-hour basis.
| The following example shows how the total due was calculated for a sample residential bill for 755 kilowatt-hours. | |
| Monthly customer charge | $15.00 |
| 755 kWh x $0.11153 | $84.21 |
$99.21 |
|
| Fuel Adjustment* (755 kWh x $0.05903) |
$44.57 |
| Regulatory Cost Charge** (755 kWh x $0.000274) |
$ 0.21 |
| Total due: | $143.99 |
|
Rates last updated 03/03/08 * Fuel Adjustment in effect since 03/03/07. ** RCC in effect since 07/01/07. |
|
| Residential | Effective Rates*** | |
| Customer Charge | $15.00 | |
| Energy Charge | $0.11153 / kWh | $0.17056 / kWh |
| GS - 1 | Effective Rates*** | |
| Customer Charge | $20.00 | |
| Energy Charge | $0.10957 / kWh | $0.1686 / kWh |
| GS - 2 (1) | Effective Rates*** | |
| Customer Charge | $50.00 | |
| Demand Charge | $8.55 / kW | |
| Energy Charge | ||
| 0-15,000 kWh | $0.0998 / kWh | $0.15883 / kWh |
| Over 15, 000 kWh | $0.07835 / kWh | $0.13738 / kWh |
| GS - 2 (2) | Effective Rates*** | |
| Customer Charge | $100.00 | |
| Demand Charge | $9.78 / kW | |
| Energy Charge | ||
| 0 - 15,000 kWh | $0.08162 / kWh | $0.14065 / kWh |
| Over 15,000 kWh | $0.07145 / kWh | $0.13048 / kWh |
| GS - 2 (3) | Effective Rates*** | |
| Customer Charge | $180.00 | |
| Demand Charge | $13.77 / kW | |
| Energy Charge | $0.0636 / kWh | $0.12263 / kWh |
| *** Includes fuel adjustment | ||
You can calculate your monthly bill based on your prior kWh usage with our bill calculator. Your kWh usage is shown on your monthly billing statement.