GVEA’s cost of power drops slightly

The Fuel & Purchased Power Charge decreased slightly from $0.09631 to $0.09496.  This is the second consecutive quarter that this charge has decreased.  Since March 2013, this charge has dropped 14 percent.

This charge covers the fuel costs to operate our local power plants as well as the cost of purchased power from other utilities.  This charge is the same across all rate categories (residential, commercial and industrial) and is calculated quarterly with the next adjustment coming June 1.

Brief History of Fuel & Purchased Power Charge
March 2014 – $0.09496
December 2013 – $0.09631
September 2013 – $0.10576
June 2013 – $0.08774
March 2013 – $0.11078
December 2012 – $0.10802
September 2012 – $0.13768
June 2012 – $0.12379
March 2012 – $0.12527
December 2011 – $0.12737

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