VEC INCREASING RESIDENTIAL AND COMMERCIAL CUSTOMER CHARGE

Beginning April 1, 2024, the VEC Customer Charge will be increasing on all residential and commercial rate classes.

The following list details the new customer charge for each account type:

·        Residential Accounts: $17.00

·        GSA 1 Accounts (small commercial): $19.00

·        GSA 2 Accounts (medium commercial): $50.00

·        GSA 3 Accounts (large commercial): $250.00

The customer charge increase will be a fixed amount.

THIS WILL NOT impact the rate being paid for the energy consumed by the account holder.

The customer charge covers costs associated with the delivery of power, including the routine maintenance of power lines, equipment such as transformers and electric meters, and the costs associated with billing member accounts each month.

VEC has not increased the customer charge in more than 18 years, since October of 2005.