Vera Water and Power
Electricity Rates, Plans & Statistics
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About Vera Water and Power
Vera Water and Power is a political subdivision with headquarters in Spokane Valley, Washington and supplying electricity to customers in Spokane Valley,Washington. The average residential electricity rate for consumers of Vera Water and Power is about 9.24 cents per kilowatt hour. Luckily, this is 23.69% lower than the state's average price of 12.11 cents, ranking the company at 16th out of 61 companies in the state for lowest average electricity price. In 2023 they sold 96.36% of their disposition to end users (known as retail sales). Of the megawatt hours they sourced, 248,036 megawatt hours were acquired on wholesale channels. Their total revenue in 2023 from electricity related activities was $20,825,000, with $20,325,000 from retail sales to end users.
The average residential electricity bill for a consumer of Vera Water and Power is $98.73 per month, while the state average is $119.15. Consumers of the supplier have a 14.27% markdown compared to the rest of the state. Electricity production is not part of the Vera Water and Power business plan, as they purchase electricity at wholesale rates from other companies and then resell to their customers.
Consumers of Vera Water and Power are able to participate in net metering, which is a positive for both parties. The purchase of solar panels and alternative electricity sources is often prohibitively priced for citizens. Net metering allows purchasers of these electricity sources to sell extra kilowatt hours back to their electricity supplier, making the installation of these alternative sources more financially friendly.
Electricity providers regularly submit data on energy lost through electricity transmission to government agencies who track electricity grid efficiencies. Vera Water and Power recently reported a loss of 3.64% of their total electricity generation amount. These averages enable us to compare and contrast the grid efficiencies of the various providers who operate around the US. Vera Water and Power has received a rank of 713th best out of 3530 companies who report energy loss in the US and 26th best out of 56 in Washington.
Vera Water and Power Rate & Electric Bills
Vera Water and Power residential electric rates are highest in June and the highest average bill is in January.
Historical Electricity Rates:
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Vera Water and Power Overview
- Company Type:Political Subdivision
- Headquarters:601 North Evergreen Road
Spokane Valley, Washington 99216
United States of America - CEO:Kevin Wells
Vera Water and Power Contact
- Website:www.verawaterandpower.com
- Customer Service Phone:(888) 774-8272
- Social Media:
Vera Water and Power Service
- Rates & Plans:www.verawaterandpower.com
- Outage Phone:(888) 774-8272
- States Served:
- Washington
- Counties Served:
- Spokane County
- Major Cities Served:
Energy Loss
Vera Water and Power's energy loss due to business operations.
Total Energy Loss
9,022MWh
713 National Rank
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Vera Water and Power Coverage Map
Vera Water and Power State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| Washington | 13,876 | 22,134,918.8 | 37 | 100% |
Vera Water and Power County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Spokane County | 549,690 | 6 | 11.83 | $128.60/mo |
Vera Water and Power Reviews
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Vera Water and Power FAQ:
What is the phone number for Vera Water and Power?
The Vera Water and Power phone number is (888) 774-8272.
Who is the CEO of Vera Water and Power?
Kevin Wells is the CEO of Vera Water and Power.
What is the average bundled electricity rate for Vera Water and Power customers?
Consumers of Vera Water and Power, on average, have an electricity bundled rate 9.24 cents per kilowatt hour (¢/kWh).
What is the average bundled bill for Vera Water and Power customers each month?
Currently, the average monthly bundled electric bill for customers of Vera Water and Power is $98.73. The state average bundled bill is $119.15 and the United States average is $119.15.
