Current Electric Rates

Visit Understanding Your Power Bill for details on rate components, a calculation of a power bill, and a copy of a sample member bill

Important Rate Information Affecting Member Bills 

CVEA began winter generation (using fuel as the primary resource for generation) at the beginning of November 2023. This was two weeks earlier than 2022 due to major system improvement projects that required both hydroelectric plants to be shut down for short periods of time.

Higher fuel usage for generating electricity will result in a 13.14 cent/kWh increase over October 2023. As a result of this increase, and potentially higher usage due to darkness and cold weather, members should anticipate higher bills starting in November and lasting through the winter months.

To lessen the impact on member bills going forward, CVEA will levelize the cost of power, maintaining the same rate from November through February 2024.

The rate is based on 27 percent hydropower and 73 percent fuel. If fuel costs change or additional hydro is available, a revision to the rate may be necessary.

As a reminder, fuel costs are a direct pass through to the member based on their usage.

For specific questions regarding rates, please contact customerservice@cvea.org.

Please direct any rate inquiries to Jaime Matthews, Chief Executive Officer (907) 822-3211 or matthews@cvea.org