Vera Water and Power

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Vera Water and Power Rate & Electric Bills

Vera Water and Power residential electric rates are highest in January and the highest average bill is in June.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.082/kWh$0.073/kWh$90.92/mo.$87.18/mo.
156th8.19¢Vera Water and Power's Average residential price per kWh
704th$89.38Average monthly electricity bill for Vera Water and Power's residential customers

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. On recent government reports, the company listed a total of 12,624 electricity customers. This total is made up of 89.59% residential accounts and 10.41% commercial customer. On average, Vera Water and Power's consumers spend 8.19 cents per kilowatt hour for their residential electricity, resulting in the supplier ranking 12th out of 59 companies in Washington and 156th out of 2922 in the country. In 2020 Vera Water and Power had retail sales of 221,282 megawatt hours. During the same timeframe, Vera Water and Power obtained 229,339 megawatt hours through the wholesale market. In 2020, the total revenue for the company was $18,181,000, which was earned entirely through electricity sales to retail customers.

The average residential electricity bill for a consumer of Vera Water and Power is $89.38 per month, while the state average is $100.8. Consumers of the supplier have a 9.43% 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.

Vera Water and Power Net Metering

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.

Energy Loss

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 3.51% 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 497th best out of 3510 companies who report energy loss in the US and 15th best out of 56 in Washington.

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

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Energy Loss

Vera Water and Power's energy loss due to business operations.

-3.51%

Total Energy Loss

8,057MWh

497 National Rank

Vera Water and Power Coverage Map

Coverage Map Placeholder

Vera Water and Power State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
Washington12,62418,181,00036100%

Vera Water and Power County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Spokane County539,33969.21$112.68/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 8.19 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 $89.38. The state average bundled bill is $100.80 and the United States average is $100.80.

Last Reviewed By: Nick Reese
Published: 2022-08-01