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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. 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.

CURRENT RATES as of February 1, 2023

Residential Copper Basin Valdez
Customer Charge $20.00 $20.00
Energy Charge per kWh 0.0850 0.0750
Small Commercial Copper Basin Valdez
Customer Charge $30.00 $30.00
Energy Charge per kWh 0.0925 0.0750
Large Commercial Copper Basin Valdez
1st Block 10,000 KWh 25,000 KWh
Minimum Demand 50 KW 50 KW
Demand Charge $12.00 $12.00
Customer Charge $100.00 $100.00
Energy Charge per kWh - 1st Block 0.0660 0.0560
Energy Charge per kWh - 2nd Block 0.0406 0.0180
Nonfirm Power Purchase Rate ($/kWh)
(Tariff Sheet 136)
0.1704 0.1704
Generally Applicable Recurring Charges - Tariff Sheet 159 Copper Basin Valdez
Fuel Charge per kWh  0.1871  0.1871
G&T Charge per kWh  0.1272  0.1272
Heat Revenue Credit (0.0527) (0.0527)
Total Fuel, G&T, and Heat  0.2616  0.2616

CURRENT YEAR RECURRING CHARGE HISTORY

Month Fuel Charge per kWh G&T Charge per kWh Heat Revenue Credit per kWh Total Fuel, G&T, Heat
January 0.1871 0.1272 (0.0527) 0.2616
February 0.1871 0.1272 (0.0527) 0.2616
March -- -- -- --
April -- -- -- --
May -- -- -- --
June -- -- -- --
July -- -- -- --
August -- -- -- --
September -- -- -- --
October -- -- -- --
November -- -- -- --
December -- -- -- --

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