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Rates

GVEA’s F&PP Rate Changing Sept. 1, 2020

When you receive your monthly electric bill, do you look at the individual line items? One line item reflects the “Fuel & Purchase Power” rate, which is adjusted four times a year. The next adjustment will take effect Sept. 1. To better understand why this rate changes, we’re taking this …

GVEA’s F&PP Rate Declines as of June 1, 2020

GVEA’s Fuel and Purchased Power (F&PP) rate, effective June 1, 2020 through August 31, 2020, has decreased from 10.965¢ to 7.095¢ per kilowatt-hour. This is a decrease of 35 percent from the previous F&PP rate approved by the RCA. Based on the average usage of 600 kWh, the impact of the lower F&PP will decrease …

Fuel & Purchase Power Charge Continues to Decline

GVEA’s Fuel and Purchased Power (F&PP) rate, effective December 1, 2018 through February 28, 2019, has decreased from 10.502¢ to 8.648¢ per kilowatt-hour. This is a decrease of 18 percent from the previous F&PP rate approved by the RCA. Based on the average usage of 600 kWh, the impact of the lower …

GVEA Supports Anchorage Power Pooling Agreement

Today, two press releases were issued on the subject of the Power Pooling and Joint Dispatch Agreement. Click on the appropriate link below to open the press release. Joint Press Release from: Chugach Electric Association Municipal Light & Power Municipality of Anchorage Matanuska Electric Association GVEA’s Press Release on this …

GVEA Files 2016 Electric Rate Study w/ RCA

In mid-December, GVEA submitted its 2016 electric rate study to the Regulatory Commission of Alaska (RCA). GVEA is requesting that its revenue requirements be reduced by 1.3 percent (or $3 million annually) and its rates be based more closely to cost-of-service. The rates being proposed by GVEA results from a detailed cost-of-service analysis, as well as the …

GVEA Files 2016 Electric Rates Study with the RCA

Note:  This press release was issued Dec 20, 2016, to the primary media outlets. FAIRBANKS — Golden Valley Electric Association has filed for a $3 million decrease in its revenue requirements for operating its electric utility with the Regulatory Commission of Alaska. If approved, this revenue decrease and rate design …

GVEA’s 2016 Electric Rate Study Filing

Every few years Golden Valley Electric Association commissions a study to determine how much it costs to provide electric service to its members. GVEA’s 2016 Electric Rate Study will be filed with the Regulatory Commission of Alaska (RCA) by the end of the year. The recent study undertaken found that GVEA’s …

Fuel & Purchased Power Charge Reduced

GVEA’s Fuel and Purchased Power (F&PP) rate (effective for the three-month period of Sept. 1 through Nov. 30, 2016) is $0.08365 per kWh. This is a decrease of 9.15 percent from the previous F&PP. The F&PP reflects GVEA’s projected costs for fuel and/or power purchased from other utilities. The F&PP is adjusted on …

Rate Case Evolves into Membership Meetings

After working on the General Rate Case for the past year, noted progress has been made. Before finalizing this work, members will be shown GVEA’s Cost of Service results, as well as the proposed rates GVEA’s board is considering. There will be an opportunity for members to comment. All meetings will …