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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 ...
Alaska is second behind Hawaii in the consumption of petroleum for electricity generation. The Alaska Village Electric Cooperative serves 58 communities in rural Alaska. Many rural residential customers receive the Power Cost Equalization subsidy to bring high electric costs closer to what urban residents pay.
From 1932 to 2020, the Municipality of Anchorage operated its own electric utility, Municipal Light & Power (ML&P). Historically, ML&P served the older, more urbanized regions of the city, while Chugach served newer areas of town, suburbs, and rural areas. Chugach acquired ML&P in 2020, with the sale finalized in October. [140]
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.
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
The fee for a regular vehicle is $13, as is the price for motorcycles. Vehicles pulling trailers must pay a higher toll, set at $22. Small buses and regular RVs are charged $38, while large buses must pay $137. Oversize and unusually sized vehicles, those 10 to 11 feet (3.0 to 3.4 m) wide and 14 to 15 feet (4.3 to 4.6 m) high must pay $330 per use.
There are about 10,000 residents, most of whom work in Anchorage or the Matanuska-Susitna Valley, and are spread out mainly along the Glenn Highway.The urban cluster of Anchorage Northeast (including Chugiak and surroundings) has an estimated population of 31,000 (2010), covering an area of 15 square miles (39 km 2).