Your Electric Bill & Residential Rates
Understand what each item on your MVEC electric bill means and review an explanation about your residential rates. Choose the appropriate member type for a detailed explanation. (former Alliant Energy (AE) members in the LeCenter-Montgomery area joined the co-op from AE in July 2015).
MVEC’s basic residential electric rates average 12.5¢/kWh in the summer and 11.7¢/kWh in the winter. If you participate in Energy Wise programs, you pay even less.