Grand Valley Power sent a Notice of Rate Change to its customers on Oct. 9, alerting them to an increase in rates necessitated by the rising cost of delivering electricity. The new rates take effect Nov. 1.

The notification reads as follows:

Dear Grand Valley Power Member,

As a member-owned, not-for-profit cooperative, Grand Valley Power is committed to delivering safe and reliable power and works hard to minimize the impact of increasing costs. Over the last two years, however, GVP and electricity providers across the nation have experienced inflationary pressure and the escalating cost of materials, power poles, transformers, and the natural gas that is used to generate electricity. At the same time, Grand Valley Power has seen a decrease in kilowatt-hour sales.

This all means that the cost of delivering electricity to our members has gone up. While we’ve controlled expenses, purchasing lightly used fleet vehicles rather than new ones, for example, cost recovery is no longer keeping pace with the increases.

At its September meeting, the Grand Valley Power Board of Directors approved a rate restructure for the General Service Time-of-Use (GS-TOU) rate class to become effective November 1, 2025. The changes will be reflected on bills that members receive in early December. The new rates will allow the cooperative to recover the costs of providing members with all the electricity they need when they need it. Grand Valley Power does not take these changes lightly and has done everything possible to minimize the effect on consumers.

General Service Time of Use

Grand Valley Power’s “General Service Time-of-Use” rate class is renamed General Service Time-of-Use/Demand. Changes to the rate include: A $1.50 increase in the Grid Connectivity charge, a lower off-peak Time-of-Use rate, and a new Demand charge of $1 per kilowatt. The average residential consumer is expected to see an increase of approximately 4% per month.

How can you save?

Participating in Grand Valley Power’s Shared Savings program could get you a bill credit of up to $50 at the end of the 12-month term. Enrollment is required.

As your hometown electric cooperative, Grand Valley Power is committed to minimizing the impact of rate changes on members by offering various resources such as payment programs, energy calculators, rebates, and more. If you have questions or are in need of bill assistance, please contact our main office at (970) 242-0040. You will also find useful tips for saving money and energy on our website.

Account Management the Smart Way

With SmartHub, you can view current and previous bills, energy usage and more. SmartHub graphs show how much power you use and when, identifying your hourly and total energy use per day. Visit gvp.org/SmartHub.

Our Commitment to You

We focus on providing members with sustainable, reliable, competitively priced electric service. This increase covers only what is necessary while protecting your investment in your cooperative.