2026 Rate Adjustment: What You Need to Know

Why Are Rates Increasing?

To continue providing safe, reliable and affordable electricity, a rate adjustment is necessary to keep pace with the rising costs of operating and maintaining the electric system. Several key factors have contributed to this decision:

• Maintaining System Reliability – Ongoing maintenance, repairs and replacement of aging equipment are essential to ensure dependable service and prevent outages.

• Rising Material & Equipment Costs – The cost of poles, wire, transformers and other critical equipment has increased, making system maintenance and improvements more expensive.

• Increasing Operational Expenses – Inflation has impacted the cost of labor, fuel and day-to-day operations required to safely deliver electricity to members.

• Long-Term System Investments – Continued investment in infrastructure helps extend the life of equipment and ensures the cooperative can meet members’ needs now and in the future.

As a not-for-profit cooperative, these adjustments allow CVEC to recover only the costs necessary to operate and maintain the electric system while continuing to provide reliable service to our members.

How Will This Affect You

We understand that any change in rates can impact household and business budgets. To help you better understand the effects, here’s a general breakdown of the adjustments:

For a typical residential member using 900 kWh per month, this adjustment will result in an increase of approximately $2.70 per month.

You can view the full updated rate schedule summary below.

How We Are Supporting Our Members

We know that rising costs can be challenging, and we want to help. Members can take advantage of several programs to ease the impact:

• Budget Billing – Spread your energy costs evenly throughout the year.
   

• Energy Efficiency Programs – Rebates and incentives for energy-saving upgrades.
   

• Payment Assistance – Resources available for eligible members in need.

Click here for details.