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GVEA’s Quarterly F&PP Rate Decreases 2.43%

GVEA’s Fuel and Purchase Power (F&PP) rate, currently in effect through the end of February, is a decrease from $0.10710 to $0.10450 per kWh. GVEA is optimistic that decreases will continue in the next quarter, beginning March 1, 2022, due to consistent energy...

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GVEA’s Fuel and Purchase Power charge quarterly update

GVEA’s Fuel and Purchase Power (F&PP) charge is adjusted every three months and is one of the line items that appears on a residential member’s monthly electric bill. The F&PP charge reflects any increases or decreases in the cost of fuel that GVEA expects to...

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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...

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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...

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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...

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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...

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