GVEA Files Rate Case with the Regulatory Commission of Alaska

DECEMBER 5, 2025 - Golden Valley Electric Association (GVEA) has filed its Rate Case with the Regulatory Commission of Alaska (RCA). This filing follows a year-long, effort by GVEA staff and external consultants. Throughout the prefiling process, the team performed detailed cost-of-service, revenue requirement and rate design studies to ensure the proposed rates accurately reflect system costs and operational needs. The filing includes proposed changes to utility and demand (if applicable) charges, adoption of load-factor-based demand charges for large commercial members, and a voluntary Residential Time-of-Use pilot rate.

As with all GVEA rates, any proposed modifications must receive approval from the RCA before they can be implemented. RCA review helps ensure any requested utility rates are just and reasonable to members. GVEA now awaits the RCA's action within the initial 45-day review period. The Commission may approve the filing or suspend it for a full investigation.

• If suspended, the proceeding could extend until March 1, 2027.
• Changes to the utility or demand charges would be paused pending the final determination of the RCA. The only rate changes would come from the Fuel & Purchased Power adjustment, which occurs quarterly.
• To avoid potential financial harm of pausing these rates as they stand today, GVEA has requested authorization to implement a 7.4% interim rate increase to the utility and demand charge if the filing is suspended, effective January 15, 2026.

Proposed Rates & Rate Design by Rate Class

Residential

• Utility Charge: Increase of 8.3% from $0.15191 to $0.16782 per kWh
• Customer Charge: Remains $22.50
• Rate Design: No change

General Service - 1

• Utility Charge: Decrease of 7.7% from $0.16079 to $0.14704 per kWh
• Customer Charge: Remains $26.00
• Rate Design: No change

General Service - 2(P)

• Utility Charge: Increase of 17.8% from $0.05343 to $0.06296 per kWh
• Customer Charge: Remains $50.00
• Rate Design:
  • Removal of the Demand Ratchet
  • Adoption of a tiered Demand Load Factor Charge:
    • <60% load factor: $36.12/kW
    • 60-80% load factor: $34.12/kW
    • >80% load factor: $32.12/kW
  • Elimination of the 1.5% primary-service discount
  • Seasonal Service discontinued; members move to GS-2(S) or GS-2(P) based on service characteristics

General Service - 2(S)

• Utility Charge: Increase of 11.1% from $0.05343 to $0.05942 per kWh
• Customer Charge: Remains $50.00
• Rate Design:
  • Removal of the Demand Ratchet
  • Adoption of a tiered Demand Load Factor Charge:
    • <60% load factor: $33.77/kW
    • 60-80% load factor: $31.77/kW
    • >80% load factor: $29.77/kW
  • Seasonal Service discontinued; members move to GS-2(S) or GS-2(P) based on service characteristics

General Service - 3

• Utility Charge: Increase of 7.0% from $0.01504 to $0.01610 per kWh
• Customer Charge: Remains $220.00
• Rate Design:
  • Removal of the Demand Ratchet
  • Adoption of a tiered Demand Load Factor Charge:
    • <60% load factor: $41.38/kW
    • 60-80% load factor: $39.38/kW
    • >80% load factor: $37.38/kW

Residential Time-of-Use (TOU) Pilot

The filing proposes a voluntary opt-in pilot for up to 500 residential accounts. Under this Pilot, there is no change to the Customer charge of $22.50 and the proposed Utility Charges are:

• On-Peak (5 p.m. - 9 p.m.): $0.27056/kWh
• Mid-Peak (6 a.m. - 5 p.m. and 9 a.m. - 11 p.m.): $0.15523/kWh
• Off-Peak (11 p.m. - 6 a.m.): $0.11072/kWh

Public Comment Information

The filing is now under review by the RCA; members, stakeholders, and the public may submit comments to the Commission regarding this filing. Public comments are accepted through the RCA's Public Notices & Comments webpage or by email ; written comments must be signed and should also be provided to GVEA . The RCA has opened the public comment period until 5:00 p.m. on December 17, 2025.