Grand Valley Power: Rates and Coverage Area

Grand Valley Power

Electricity Rates, Plans & Statistics

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About Grand Valley Power

Grand Valley Power supplies electricity to 2 counties and is considered an electric cooperative. There are a total of 18,989 customer accounts receiving service from the provider. These accounts are made up of 178 industrial customers, 2,128 commercial customers and 16,683 residential accounts. Grand Valley Power's customers are charged an average residential electricity rate of 14.90 cents per kilowatt hour. This is, sadly, 5.22% more than Colorado's average price of 14.16 cents. Of the 270,960 megawatt hours the company sold and dispossessed, 94.84% were from retail sales. The electricity sourced by the company is made up of multiple sources including megawatt hours they generate and other megawatt hours acquired on the wholesale market. Of the electricity sourced by the company, these two categories comprise 0.10% and 99.90%, respectively. The revenue for Grand Valley Power for 2022 from electricity sales was $36,510,000, with $36,394,000 from retail sales to end users.

Customers of the company have an average residential electricity bill of $125.6. This is 5.35% less than the United States average of $132.69. The supplier currently does not produce their own electricity. Instead, they must purchase that electricity at wholesale prices and then resell it to end consumers.

Grand Valley Power Net Metering

Fortunately, Grand Valley Power offers net metering choices to their consumers. Net metering allows individuals to sell megawatt hours back to the grid, making the purchase of solar panels and other electricity sources a cheaper endeavor.

Energy Loss

Electricity companies regularly submit reports for energy lost through electricity transmission to government agencies who track electricity grid efficiencies. Grand Valley Power recently reported a loss of 5.02% of the electricity generation amount. This percentage of electricity lost results in them being given a ranking of 19th best out of 55 companies who report energy loss in the state and 896th best out of 3517 in the US.

Grand Valley Power Rate & Electric Bills

Grand Valley Power residential electric rates are highest in January and the highest average bill is in May.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.149/kWh$0.136/kWh$125.60/mo.$114.09/mo.
2237th14.90¢Grand Valley Power's Average residential price per kWh
1616th$125.6Average monthly electricity bill for Grand Valley Power's residential customers

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Grand Valley Power Overview

  • Company Type:Cooperative
  • Headquarters:845 22 Road
    Grand Junction, Colorado 81505
    United States of America
  • CEO:Tom Walch

Grand Valley Power Contact

Grand Valley Power Service

Energy Loss

Grand Valley Power's energy loss due to business operations.

-5.02%

Total Energy Loss

13,596MWh

896 National Rank

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Grand Valley Power Coverage Map

Coverage Map Placeholder

Grand Valley Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Colorado18,98936,394,00024100%

Grand Valley Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Garfield County61,221513.81$101.59/mo
Mesa County158,636214.75$114.42/mo

Cities Grand Valley Power Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

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Grand Valley Power FAQ:

Who is the CEO of Grand Valley Power?

The current CEO of Grand Valley Power is Tom Walch.

What cities does Grand Valley Power offer service in?

Grand Valley Power serves 4 cities in the country including Colorado.

What is the average bundled electricity rate for Grand Valley Power customers?

Grand Valley Power's current average bundled electricity rate is 14.90 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.16 cents and the average national rate of 15.64 cents.

What is the phone number for Grand Valley Power?

Grand Valley Power's customer service phone number is (970) 242-0040

How many counties does Grand Valley Power sell electricity in?

Grand Valley Power offers service in 2 counties.

How much is the average bundled bill for Grand Valley Power customers each month?

The average monthly bundled electric bill for customers of Grand Valley Power is $125.60. The state average bundled bill is $89.67 and the United States average is $89.67.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-03-29