Good¢ents Grants Awarded in May 2020

  • Fairbanks Resource Agency: $8,000 grant to be applied towards their Assistive Technology Project.
  • Nenana Tortella Council on Aging: $8,000 grant to assist with urgent needs brought on from the COVID-19 pandemic.

All grants from the Good¢ents Foundation are awarded to nonprofit organizations within GVEA’s service area. Applications are reviewed quarterly in February, May, August and November by a volunteer board of trustees. The next application deadline is July 31, 2020. Applications and more information about the program can be found online here.

Good¢ents is funded by the generous members of Golden Valley Electric Association. Since the program began in 2011, GVEA members have funded grants totaling $1,133,562.

Thank you to all of the members who voluntarily “round up” their monthly billing statement to the next dollar. The cents you contribute is greatly appreciated and really makes a difference within the communities GVEA serves. 

(Posted on GVEA's blog on 6/2/20.)

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

Based on the average usage of 600 kWh, the impact of the lower F&PP will decrease a residential member’s monthly bill by approximately $23.

The main reason for the decrease is the lower fuel prices, due to impacts from COVID-19. The F&PP is adjusted on a quarterly basis and is billed based on kWh consumption. The current F&PP includes a true-up of actual data from the prior three-month period (March through May), as well as an estimate for June through August.

The F&PP rate is directly related to the price of fuel to generate power and the cost to purchase power from other utilities (like Aurora Energy and Chugach Electric Assn., for example) and is recalculated on a quarterly basis.

Here’s a list of the F&PP charges over the past four quarters:

  • June 1, 2020:   7.095¢
  • Mar 1, 2020:  10.965¢
  • Dec 1, 2019:  10.998¢
  • Sept 1, 2019:   9.177¢ 

(Posted on GVEA's blog on June 1, 2020.)

Payment Options

Now More Ways to Pay Your Bill:

  • Online ... GV E-Bill
  • Mobile App 
  • Automated Phone System
  • Payment Kiosk ... NEW!
  • More...

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