In 2025, GVEA is conducting a rate case, an essential process that ensures we can continue to deliver reliable energy to the communities we serve. A rate case is a formal process which allows GVEA to evaluate and propose adjustments to the rates we charge for electricity. We’re committed to transparency and open communication about the decisions that affect our member-owners. Click the button below to learn more.
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 | $0.14468 per kWh | $0.12607 per kWh | $0.26654 per kWh | N/A |
| GS-1 | $26 per month | $0.15313 per kWh | $0.12607 per kWh | $0.27474 per kWh | N/A |
| GS-2(S) | $50 per month | $0.05089 per kWh | $0.12607 per kWh | ** | $24.63 per kW |
| GS-2(P) | $50 per month | $0.05089 per kWh | $0.12607 per kWh | ** | $24.63 per kW |
| GS-3 | $220 per month | $0.01432 per kWh | $0.12607 per kWh | ** | $33.25 per kW |
*Effective Rate is the sum of the Fuel and Purchased Power Charge and the Utility Charge.
**In addition to the Fuel and Purchased Power Charge, Utility Charge and Customer Charge, GS-2 and GS-3 members are subject to a Demand Charge.
Last updated: 01/02/2025
GVEA Sample Bill for Residential Service of 600 kWh
| Charge | Cost |
|---|---|
| Customer Charge | $22.50 |
| Utility Charge ($0.14468 × 600 kWh) | $86.80 |
| Fuel and Purchased Power ($0.12607 × 600 kWh) | $75.64 |
| Regulatory Cost Charge ($0.001107 × 600 kWh) | $0.66 |
| Electric Reliability Organization (ERO) Charge ( $0.00074 × 600 kWh) | $0.44 |
| Total Due: | $186.04 |