Billing Options

 GVEA offers standard billing for all members. Under standard billing procedures, an account is billed based on the prior month’s usage.

Rolling Average Billing image

In addition, GVEA offers the following billing options for residential members. These plans help members take control of their monthly electric bills, taking away the surprise factor.

Levelized Budget Billing

The Levelized Budget Billing Plan is designed to eliminate extremely high or low bills that you may receive throughout the calendar year by providing a fixed amount due each month, with a “settle-up” month each April. The fixed payment amount shall be determined each April from a review of the member’s previous 12-month usage.

How does it work?

In order to help avoid a large “settle-up” amount, GVEA will periodically review your account to compare actual bills with budget payments. The fixed monthly amount may be raised (or lowered) if the review reveals a variation of 10 percent or more over (or under) anticipated seasonally adjusted billings.

If the annual review in April reveals that a member has a balance (over/under), the balance will be added to (or subtracted from) the average monthly bill in 12 equal installments. Once enrolled, members will automatically be re-enrolled into the Levelized Budget Billing Plan each April.

How can I qualify for the Levelized Budget Billing Plan?

All residential members of GVEA who are current with their bills and have been a member for at least one year at the same service location are eligible to participate in the Levelized Budget Billing Plan.

Rolling Average Billing

Residential members may enroll in Rolling Average Billing at any time. This plan is based on a rolling 12-month average, which helps smooth out the dramatic changes in your monthly bills.

Here’s how it works: Your electric bill is calculated by adding the current actual electric bill to the previous 11 months total and dividing by 12, plus 1/12th of the budget plan accumulated balance (the difference between what would have been paid on actual usage and what was actually paid through the Rolling Average Billing Plan). Once enrolled, members will remain in the Rolling Average Billing program until they close the account or notify GVEA that they no longer want to continue in the Rolling Average Billing program. 

Since the rolling average billing amount is recalculated each month, there is no need to “settle up” at the end of the year.

Here’s an example:

 Rolling Average Billing

There are certain eligibility requirements. Contact our Member Services department if you have questions – 907-452-1151 (Option 2) or submit our Contact Form.

Charges and Fees

The following list represents some of the most common fees and charges, which have been approved by the Regulatory Commission of Alaska (RCA) and became effective May 1, 2007. Please contact any of GVEA’s offices for a complete listing.

CONNECT CHARGES

  • Scheduled (all zones):  $20

Zone 1:

  • Same Day (prior to 3:30pm):  $45
  • Same Day (after 3:30pm):  $160

Please contact our Member Services Dept. for a quote, as each location may vary.

RECONNECT CHARGES

  • Scheduled (all zones): $51

Zone 1:

  • Same Day (prior to 3:30pm):  $91
  • Same Day (after 3:30pm):  $284

Please contact our Member Services Dept. for a quote, as each location may vary.

ZONE SCHEDULE

  • Zone 1:  All areas within 25 miles from any GVEA Member Services office.
    • Service is scheduled for the next business day, provided the order was received by 5:00pm the previous business day.
  • Zone 2:  Locations that are 25 to 50 miles from any GVEA Member Services office.
    • Service is scheduled for Mondays and Thursdays, provided the order is recieved by 5:00pm the previous business day.
  • Zone 3:  Any location that’s more than 50 miles from any GVEA Member Services office.
    • Service is scheduled within five (5) business days that an order is received.

NOTICE DELIVERY / COLLECTION FEE

  • First Notice:  $5
  • Second Notice:  $32

LATE PAYMENT FEE – Residential and small general service (GS1)

  • Greater of $2 or 10.5% per annum

DISHONORED PAYMENT

  • Check:  $28
  • Debit / Credit Card:  $5