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The five-member Regulatory Commission of Alaska earlier this month allowed a dozen entities to intervene in the effort by Chugach Electric Association to raise rates by 5.8%, or close to $7 for a ...
In 1997 the Alaska Power Authority sold the dam and power plant to Anchorage Municipal Light and Power, Chugach Electric Association and Matanuska Electric Association for US$6 million. [2] Chugach Electric acquired Anchorage Municipal Light and Power in 2020.
Jul. 5—Two Southcentral Alaska utilities have installed a giant Tesla battery system in Anchorage to provide power more efficiently. They say it will save an estimated $121 million over 15 years ...
Electric power in the Anchorage area is provided by Chugach Electric Association, a nonprofit, member-owned cooperative founded in 1948. From 1932 to 2020, the Municipality of Anchorage operated its own electric utility, Municipal Light & Power (ML&P).
Chugach Alaska Corporation's land entitlement under ANCSA includes about 378,000 acres (1,530 km 2) of both surface and subsurface estate and a further 550,000 acres (2,200 km 2) of subsurface estate, for a total of 928,000 acres (3,760 km 2). As of 2006, CAC has received about 94% of its total entitlement.
Rank Entity State Class of ownership Parent Number of customers Sales (MWh) Revenue ($1,000 ) Average retail price/kWh) 1: Pacific Gas & Electric: CA: Investor owned
The Chugach Electric Association FCU merged with AMEFCU in 1977. The Western Trades FCU merges with AMEFCU in 1982; the subsequent Credit Union changes its name to Alaskan Federal Credit Union in 1984. The Alaska Feminist Credit Union merges its field of membership with Alaskan FCU in 1985.
Many rural residential customers receive the Power Cost Equalization subsidy to bring high electric costs closer to what urban residents pay. The state has vast untapped renewable resources, including wind near its coastlines, hydropower in its high-precipitation mountain regions, biomass from its forest and agriculture products, and solar from ...