Rate Information

Upcoming Rate Adjustment – Effective May 5, 2025

At Canadian Valley Electric Cooperative (CVEC), we are committed to providing reliable service at the lowest possible cost. As a not-for-profit, member-owned cooperative, we conduct an annual review of our rates and cost of service with an independent third party to ensure fairness and financial stability.

Following a thorough evaluation, the board of trustees has approved a 4.08% rate adjustment, which will take effect on the billing period beginning May 5, 2025. For the average residential member, this will result in an increase of approximately $7.50 per month. This adjustment applies to all rate classes and is necessary to cover the costs of maintaining and operating our system.

CVEC is one of the lowest-cost cooperatives in Oklahoma, a state that ranks 9th lowest in the nation for energy costs. Additionally, because CVEC is no longer under the Oklahoma Corporation Commission (OCC), we avoid additional regulatory expenses that would have resulted in an even higher rate increase.

For more information about the rate increase by rate class, please scroll.

We understand that rate changes impact our members, and we remain dedicated to transparency and responsible financial management. Thank you for your continued support and membership.