Understand your bill
Understanding Your Powell Valley Electric Cooperative Bill
Below is an example of a typical PVEC monthly bill. We’ve highlighted key sections to help you understand your charges. If you have any questions, feel free to contact your local PVEC office.
- Account Number: This unique number helps identify your account.
- Service Address: The 911 address associated with your service location.
- Meter Reading Dates: These dates represent the service period for which your bill is calculated. The current bill is based on usage from the previous month.
- Usage Comparison: This table shows a comparison of your current bill with the previous month and the same period last year, including days of service and average kilowatt usage per day.
- Additional Information:
- TO BE PAID BY DRAFT: Your bill will be automatically drafted from your account on the due date.
- FINAL BILL: The account is no longer active.
- CR BALANCE DO NOT PAY: A credit balance exists; no payment is needed.
- LEVELIZED: Your account is on the average billing program.
- Late Payment Charge: A 1.5% late fee will be applied if payment is made after the due date.
- Disconnect Date: If payment is not made by 4:00 p.m. on this date, a $10.00 processing fee will be charged, and your service may be disconnected. No further notices will be mailed.
- Contact Information: Your Address and Telephone number on file. (Be sure to notify us if your contact information or address changes.)
- Due Date: Payments made after this date could negatively affect your credit with Powell Valley Electric Cooperative.