My Bill Explained

A fixed monthly charge for the availability of electric service
This charge covers costs associated with providing customer service and expenses related to meters, customer accounting and billing

Golden Valley Electric Association (GVEA) is a regulated utility – This charge is set by and funds the Regulatory Commission of Alaska

Rounds up bill to the nearest dollar
This amount is not in connection with any goods or services
Collection amounts are authorized by GVEA Bylaws
The small change from each bill is pooled together and raises thousands of dollars every year that go to building a stronger community
The program is overseen by a volunteer board of trustees
Visit our Good¢ents page for more information

You can calculate your monthly bill based on your prior kWh usage with our bill calculator
Your kWh usage is shown on your monthly billing statement

The term “kilowatts” (one kilowatt is 1,000 watts) is usually used when speaking of power production or power needs
A power plant generates kilowatts; power is billed in units called kilowatt-hours (kWh)
For example, a 100-watt light bulb left on for 10 hours uses one kWh of electricity
A typical GVEA residential consumer uses 600 kWh per month

Covers operation costs (power plants, substations, interest on loans, depreciation, power poles, transformers, etc.) and billed on kilowatt-hours (kWh) used

Directly related to the price of fuel to generate power and the cost to purchase power from other utilities (e.g. Aurora Energy and Chugach Electric Association) and is calculated quarterly

GS2 and GS3 rates for businesses and industry and includes a demand charge per kilowatt
Demand is the maximum rate of delivery of electric energy during the month, measured in kilowatts and registered as the highest average rate of energy used over any 15-minute period during the month

This charge supports the state mandated Railbelt Reliability Council (RRC) which was approved as the Electric Reliability Organization (ERO) by the Regulatory Commission of Alaska in September of 2022.
The primary mission of the RRC is to ensure grid reliability by developing and enforcing technically sound reliability standards, reducing long-term costs through grid-wide resource planning, and designing consistent interconnection protocols for grid users.
Like most of GVEA’s rates, the impact of the ERO charge is based on your monthly kWh usage. For more information and questions about the RRC, please visit: www.akrrc.org.