Under current rate schedules, it can be really expensive to run an EV fast charger. If utilities lower rates for and overcorrect, then everyone could be paying for the people who use these charging stations.
Unlike the utility’s 17,000 regular electric customers, Hecla and Princess are interruptible; the utility can only sell Hecla and Princess power after regular customers’ demand is met.
Oil company Hilcorp has received the last regulatory approval in its deal to buy the Alaska assets once owned by BP.
Hydro One makes 39 binding commitments covering corporate independence for AEL&P and assurances over its assets and transparency on how it operates in a 22-page joint-agreement.
Regulated utilities benefiting from the corporate tax cut should share the wealth with Alaska ratepayers. That’s the argument made by the Attorney General’s office in a recent filing to state regulators.
Prince of Wales Island residents testified about limited internet, cell and landline service on the island during a public conference last week with the Regulatory Commission of Alaska.
Hydro One asked the Juneau Assembly to rescind its petition to intervene over its acquisition of Alaska Electric Light and Power. In return it had offered some general commitments that Assembly members felt didn’t go far enough to protect the community’s interests.
The City and Borough of Juneau will petition state regulators for a seat at the table as it reviews Alaska Electric Light & Power’s acquisition by Hydro One of Canada. The Juneau Assembly unanimously approved $75,000 in legal fees to make its case to the Regulatory Commission of Alaska.
A new state law allows those companies to pay that debt with tax credits, meaning the state might not see any of that money. At least, not in cash.
Three electric utilities serving the Anchorage area — Chugach Electric Association, Municipal Light & Power and Matanuska Electric Association– on Monday announced a preliminary agreement to work together to provide lower-cost power.