Your electric bill and residential rates
MVEC’s basic residential electric rates average 12.5¢/kWh in the summer and 11.7¢/kWh in the winter.
With certain Energy Wise programs, you can pay up to 50% less!
Sample Residential Bill


Side One
- 1. MVEC Information – Lists office hours, phone numbers, and other contact details.
- 2. Total Amount Due and Due Date – Shows your total or budget amount due, due date, and any late payment amount. Notes bank draft or recurring card participation.
- 3. Your Account Information – Displays your account number, contact details, service address, usage period, and statement date. Update contact info here if needed.
- 4. Daily Energy Use Graph – Shows main meter (blue), Energy Wise meter (green, if applicable), and average daily temperature (black line).
- 5. Monthly Energy Use Comparisons – Compares energy use to last month and the same month last year.
- 6. Energy Wise Savings – Lists current and past year Energy Wise savings. A zero means no active Energy Wise program.
- 7. Payment Stub – Detach and return with your check if mailing payment. Automatic Bill Pay participants will see the draft date and “Do Not Mail Payment.”
Side Two
- 1. Metering Details – Lists meter number(s), type, service dates, billing cycle, and readings.
- 2. Cost to Generate – Shows the wholesale power cost MVEC paid to supply your energy, including the WPCA (applies only to Main Meter).
- 3. Cost to Deliver – Covers MVEC’s local delivery costs, including service charge, poles, wires, and maintenance. Listed separately for Main and Energy Wise meters.
- 4. Account Details – Summarizes other charges and credits such as Operation Round Up, lighting, late fees, deposits, and optional services.
- 5. Current Charges – Color-coded summary of power, delivery, and account costs.
- 6. Billing Definitions – Explains terms and line items on your bill.
- 7. Important Messages – Highlights updates, promotions, and notices from MVEC.
- 8. Payment Options – Lists free ways to pay your MVEC electric bill.
Sample Commercial Bill


Side One
- 1. MVEC Information – Lists office hours, phone numbers, and other contact details.
- 2. Total Amount Due and Due Date – Shows amount due, due date, and late payment total. Notes bank draft or recurring card participation.
- 3. Your Account Information – Displays account number, contact info, service address, usage period, and statement date. Update info if needed.
- 4. Daily Energy Use Graph – Shows daily use for main (blue) and Energy Wise (green) meters, with average temperature (black line).
- 5. Monthly Energy Use Comparisons – Compares energy use to last month and the same month last year.
- 6. Power Factor Charge – Explains additional charges from inefficient motor power use. Contact MVEC with questions.
- 7. Payment Stub – Detach and return with your check, or note draft date if on Automatic Bill Pay.
Side Two
- 8. Metering Details – Lists meter number(s), type, service dates, billing days, and readings.
- 9. Cost to Generate – Shows wholesale power costs, including the WPCA, charged only to the Main Meter.
- 10. Cost to Deliver – Covers MVEC’s local delivery costs, including service charge, equipment, and maintenance. Shown separately for each meter.
- 11. Account Details – Summarizes other charges or credits such as Operation Round Up, lighting, late fees, and deposits.
- 12. Current Charges – Color-coded summary of power, delivery, and account costs.
- 13. Billing Definitions – Explains line items on your bill.
- 14. Important Messages – Highlights updates, offers, and notices.
- 15. Free Payment Options – Lists ways to pay your MVEC electric bill.
Understanding your electric rates
Residential General Service Rates
MVEC’s standard rate appears as the “Main Meter” on your bill. Rates are seasonal:
- Summer (June–September): Higher rates due to increased energy demand.
- Winter (October–May): Lower rates when demand is reduced.
Residential Energy Wise Rates
- Members who sign up for Energy Wise programs (shown as the “Energy Wise Meter” on your bill) receive discounted rates or bill credits—saving 10–50% on electric costs.
- Programs are available for electric water heating, cooling, and heating systems.
*Commercial rates are determined by factors such as demand, energy usage, and service type.
Contact a Key Account Representative for more information
Your electric bill has two parts:
- Wholesale Power – the cost to generate the energy you use
- MVEC Delivery – the cost to deliver energy to your location
1. Wholesale Power = the cost to generate electricity (about 70% of your bill).
Includes a Wholesale Power Supply Adjustment (WPSA) to reflect real-time changes in wholesale costs. This is a direct pass-through to members; MVEC does not keep this revenue.
2. MVEC Delivery = the cost to bring electricity to your home (about 30% of your bill).
Includes a Basic Service Fee of $15. This covers poles, lines, substations, equipment, meters, and administrative services.