About Our Rates
As your neighborhood utility, we provide you some of the lowest prices for water and power in the country. From time to time, we adjust our prices. Our current electric rates go into effect with the October 2021 billing cycle.
Even With the New Electric Rates, Our Electric Prices are Half the Cost of the National Average
When it comes to value, publicly-owned utilities provide some of the best prices for power, especially Vera Water and Power. Our price for electricity is 6.58¢ per kilowatt-hour. The national residential average is 15.96¢, and the Washington state average is 10.7¢. Our monthly base charge for residential customers (effective October 2021) will be $19.75.
If you have a fully electric home and consume 1,200-kilowatt hours per month, your average monthly bill comparison would look like this:
| Company | Monthly Cost |
|---|---|
| Kootenai Electric Cooperative | $114.20 |
| Avista Utilities | $115.18 |
| Inland Power and Light | $108.15 |
| Vera Water and Power | $98.71 |
Our Water Prices are Also Very Competitively Priced
Our base residential rate of $18.65 per month, means you will always receive the water you need for daily use at an affordable cost.
Annual water bill comparison: 37,500 cubic foot (one cubic foot of water = 7.48 gallons)
2019 water rates for the average residential household
| Water Provider | Annual Cost |
|---|---|
| City of Spokane | $480 |
| Liberty Lake Sewer and Water | $293 |
| Modern Electric Water Company | $233 |
| Vera Water and Power | $253.05 |