Rates

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 $0.12697 per kWh $0.12726 per kWh $0.25423 per kWh N/A
GS-1 $26 per month $0.13439 per kWh $0.12726 per kWh $0.27475 per kWh N/A
GS-2(S) $50 per month $0.04466 per kWh $0.12726 per kWh ** $22.27 per kW
GS-2(P) $50 per month $0.04466 per kWh $0.12726 per kWh ** $22.27 per kW
GS-3 $220 per month $0.01257 per kWh $0.12726 per kWh ** $30.06 per kW

*Effective Rate is the sum of the Fuel and Purchased Power Charge ($0.12726 per kWh) and the Utility Charge.

**In addition to the Fuel and Purchased Power Charge ($0.12726 per kWh), Utility Charge and Customer Charge, GS-2 and GS-3 members are subject to a Demand Charge.

Last updated: 09/01/2022

GVEA Sample Bill for Residential Service of 600 kWh

Charge Cost
Customer Charge $22.50
Utility Charge ($0.12697 × 600 kWh) $76.18
Fuel and Purchased Power ($0.12726 × 600 kWh) $76.36
Regulatory Cost Charge ($0.000893 × 600 kWh) $0.53
Total Due: $175.57