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Understanding your Electric Bill

 

Notice, questions & answers regarding January 2022 electric bill.

On January 17 CVEA issued an important notice regarding the January bill. As a result many comments and questions were received. Below, we attempted to answer your questions. Text from the initial notice is included as well for those that have not yet seen the information.

Concerns Regarding January Bill

Questions? Email info@cvea.org

 

Understanding Components of Your Electric Bill

Monthly bills include five basic components: customer charge, energy charge, G&T charge, fuel charge,and heat revenue credit. For certain large commercial customers there is also a demand charge.

View a calculation outlining the components of a CVEA power bill and a sample member bill.

The customer charge is a flat monthly charge which covers a portion of the cost to produce the monthly bill. This includes the cost of meter depreciation, meter reading expense, and billing and collection activities.

The energy charge , which is billed on a kilowatt-hour basis, covers the cost to deliver power to you. This includes system operation and maintenance, customer service, member services, administration, depreciation, taxes, and interest.

The G&T charge, which is billed on a kilowatt-hour basis covers the cost to generate and transmit (G&T) power into the distribution system. This includes all costs (exclusive of fuel) to make power from the various plants.

The fuel charge, which is billed on a kilowatt-hour basis changes monthly and reflects the actual costs to generate power. CVEA does not collect a margin on fuel.

The heat revenue credit is available in the months we are receiving heat revenue from the Cogen plant. This is credited on a kilowatt-hour basis when the Cogen is producing heat revenue. This is typically October through May.

In addition to the foregoing charges, large commercial customers may also pay a demand charge which is assessed based on the metered monthly kilowatt demand for that particular customer.

If you have more questions, please call either office at 822-3211 or 835-4301.

Read more about the history on the Cost of Power by visiting the Fuel Costs & History Page. For a detailed graph of historical costs, click here.

Click here for SmartHub How-To. Learn how to register and pay your bill.

Use CVEA's third-party phone payment system to make a secure payment by phone. It is available 24 hours a day, 7 days a week for your convenience. 833-890-7728