Matanuska Electric Association to increase rates for customers

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WASILLA, Alaska (KTUU) - A major power supplier in Alaska announced Tuesday that rates for paying customers would be going up.

According to a statement issued by Matanuska Electric Association, Inc., a monthly increase of 1.61 percent can be expected for typical members.

MEA described typical members as using 696 kWh of electricity in a monthly cycle. Of its total customers, it's unclear what percent make up the typical category of electricity consumers.

The MEA Board of Directors voted on August 13, 2018 to authorize an increase in base rates of 1.15 percent, which was recently approved by the Regulatory Commission of Alaska, the company said Tuesday.

In addition to that increase, MEA said another increase of of 2.81 percent would be piling onto the quarterly cost of power rate.

According to MEA’s website, its service area covers approximately 4,500 miles of power lines in Southcentral Alaska.



 
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